The Securities and Exchange Commission (SEC) regulates public companies. The SEC has found that some of these companies have violated GAAP by using creative accounting practices to mislead investors and creditors regarding the health of their company.
Use the Internet or Strayer Library to research a recent accounting scandal within the last five years where the SEC accused public companies of accounting irregularities.
Write a 3–4 page paper in which you:
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.
The specific course learning outcome associated with this assignment is:
First and foremost, you’ll need to select a recent case of accounting violations (i.e. fraud, restatements due to the incorrect application of GAAP, etc.), one reported in 2014 or after (trust me, there are tons of them).
Next, you’re going to use that case as the basis for your paper in which you address four key sections. To ensure that you’re giving each section adequate attention, I recommend labeling the sections in your paper (i.e. Section 1, Section 2, etc.). In summary, the four sections are:
I have a couple of other recommendations to help to ensure that you earn maximum credit on the assignment:
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