Ac465 unit3 Forensic accountants must ensure that their activities comply with the laws and regulations of the legal, regulatory, and […]
Tag: Sarbanes-Oxley Act
How did the members of the accounting firms violate the standards of integrity and credibility?
Regarding Enron, this was a company that resulted in the creation of the Sarbanes-Oxley Act and many reforms to the […]
Why is it important for an investor to create a well-diversified investment portfolio? How should an investor allocate investment funds across sectors and industries?
2-3 Paragraphs Having reviewed the module resources, and using your knowledge and understanding of corporate ethical responsibilities, address the following: […]
Regarding Enron, this was a company that resulted in the creation of the Sarbanes-Oxley Act and many reforms to the accounting profession. Research the company and answer the following questions. Question 1: How did the members of the accounting firms violate the standards of integrity and credibility? Question 2: Do you believe the new standards that resulted from the Enron scandal to be adequate? Question 3: Name and explain two aspects of the Sarbanes – Oxley Act of 2002. Question 4: Ratio Analysis. Using the 2000 Enron 10-K, calculate 2 years of the following liquidity, solvency and profitability ratios. Include your calculations and analysis for these ratios and what they tell you about the company. Liquidity: Current ratio, Accounts receivable turnover Solvency: Debt to assets ratio, Times interest earned Profitability: Profit margin, Earnings per share
Regarding Enron, this was a company that resulted in the creation of the Sarbanes-Oxley Act and many reforms to the […]
