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Category > Accounting Posted 01 Apr 2020 My Price 8.00

ACC 403 Week 3 Discussion

Please respond to the following:

· Use the Internet or visit the U.S. Securities and Exchange Commission Website to research at least two sanctions levied against companies that have violated general accounting principles.

· Briefly analyze whether or not investors who were misled by relying on financial statements could hold the audit firm liable for audit failure either by common or securities laws. Provide a rationale for your response.

· The accounting profession has long contended that an audit conducted in accordance with generally accepted auditing standards (GAAS) provides reasonable assurance that there are no material misstatements contained within financial statements. Suggest at least two alternative methods that auditors can use to provide a more concrete level of assurance to investors. Provide support for your responses with examples of such methods in use.

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SmartExpert
(118)
Status NEW Posted 01 Apr 2020 10:04 PM My Price 8.00

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file 1585778704-ACC 403 Week 3 Discussion.docx preview (596 words )
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