Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 22 Feb 2018 My Price 5.00

MegaMac Inc

37.    LO.8 (Ethics; writing) You are a senior manager at MegaMac Inc. All senior managers and the board of directors are scheduled to meet next week to discuss some question- able manipulations of earnings that were found by the outside independent auditors.

The CEO has asked you to be prepared to start the discussion by developing questions that should be addressed before responding to the auditors.

a.     Why would the CEO be concerned about earnings management? After all, it is the auditor who attests to the fair presentation of financial reporting.

b.    If the earnings management were deemed to be “abusive” and you decided to resign and blow the whistle, would you have any protection? Explain.

Answers

Maurice Tutor
(5)
Status NEW Posted 22 Feb 2018 09:02 PM My Price 5.00

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