ACC 230 Week 2 Assignment Lucent Technologies Case
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Resource:Ch. 2 of Understanding Financial Statements
Read Case 2.1: Lucent Technologies on pp. 79-80 (Ch. 2) of the text.
Compose a 500- to 750-word paper that includes your answers to questions 2-4 on p. 79 (Ch. 2).
Format your paper according to APA standards.
Post your paper as an attachment.
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ACC 230 Week 1 DQ 1 and DQ 2
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Go to the U.S. Securities and Exchange Commission’s Web site at http://www.sec.gov and the Financial Accounting Standards Board’sWeb site at http://www.fasb.org. Identify the mission and main activities of each organization. Then, analyze the similarities and differences between the roles of each entity. Which entity has more influence over financial statement reporting? Explain your answer.
Search the Internet or the Online Library for information about the Sarbanes-Oxley Act. A useful guide to some of these provisions is located at http://www.soxlaw.com. Summarize at least two provisions of the law, and discuss your interpretation of these provisions with your classmates. Do you think this law will make financial statements more reliable? Also, discuss how Sarbanes-Oxley establishes boundaries to ensure ethical practices. What does the law allow or prohibit, and why?
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ACC 230 Week 1 Checkpoint Financial Statements
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Resource:Ch. 2 of Understanding Financial Statements,and Ch. 1 PowerPoint® (pp. 1-10, 1-11, and 1-13)
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