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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago, 6 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
1. What is the FASB “codification” and what can accounting professionals and students do with it?
2. What to academics think about investor "rationality" when it comes to earnings management? Do you agree or disagree.
3. Why are employees in a good position to report fraud and why wouldn’t they do so?
4. Some managers think "earnings Management" is ethically acceptable. Discuss one or two instances where you would agree. If you don't agree, discuss why
5. Channel stuffing is a form of earning of Management. Define it and why it may not be worth it in the long run?
6. Cookie jar Reserves is a form of Earning Management. Define it and why it may not be worth it in the long run.
7. As an auditor and accounting, why is it important to use analytical comparisons? Briefly describe how ratio analysis might have made a difference uncovering fraud at Sunbeam.
8. List two areas where GAAP and IFRS differ in their accounting treatment and briefly indicate what the difference is. You may NOT include LIFO in this answer
9. Define recycling as it applies in accounting List the 3 areas where GAAP and IFRS agree on Treatment.
etc.
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