ACC 557 All Discussion Questions / Week 1 to Week 11
Copy and paste this link to get the tutorial: http://homeworkfox.com/tutorials/business/13139/acc-557-all-discussion-questions-week-1-to-week-11/
ACC 557 Week 1 DQ1
"Improper or Illegal Methods” Please respond to the following:
From the e-Activity, identify the company, the accounting impropriety or illegality, how it was detected, the outcome, and propose a strategy that might have prevented the situation. Indicate how the strategy should be implemented.
Assess the impact to the company’s financial performance based on the impropriety and the resulting effect to stakeholder confidence in management, recommending how the company can minimize the resulting impact to the business.
ACC 557 Week 1 DQ2
"General Accounting Principles" Please respond to the following:
“Bookkeeping and accounting are the same.” In terms of your role in the provision of financial services, present data to support the accuracy of this statement and support your position.
Analyze the accounting equation as a concept that underpins the work of professional accountants and how an understanding of the equation can impact business decision making.
ACC 557 Week 2 DQ1
"Sarbanes-Oxley Act (SOX)" Please respond to the following:
From the e-Activity, recommend how the SOX framework can ensure reliable and complete financial information and how accounting professionals have benefitted from its use.
Provide support for your response. Evaluate how the SOX has reinforced investors’ and creditors’ confidence in companies and how these individuals can take steps to verify the accuracy of the financial statements of potential investments or loans. Provide support for your rationale.
ACC 557 Week 2 DQ2
"Accounting for a Specific Circumstance" Please respond to the following:
From the e-Activity research you gathered, analyze how you, as the Chief Financial Officer (CFO) of
a “big box store” that has potential pollution,...