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This Tutorial contains 2 Different Papers
ACC 499 WEEK 7 ASSIGNMENT 2 LITIGATION, CENSURES,
AND FINES
Assignment 2: Litigation, Censures, and Fines
Research the Internet for recent litigation, censures, and fines involving
national public accounting firms. Examples of litigation cases against
national public accounting firms include fines by regulatory authorities
and censures by professional societies.
Write a three to four (3-4) page paper in which you:
Analyze the primary accounting issues which form the crux of the
litigation or fine for the firm, and indicate the impact to the firm as a
result of litigation or fine. Provide support for your rationale.
Examine the key inferences of corporate ethics related to internal
controls and accounting principles which lead to the litigation or fine for
the accounting firm.
Evaluate the primary ethical standards of the accounting organization’s
leadership and values which contributed to approval of the accounting
issues and thus created the litigation or fines in question.
Identify specific conduct violations committed by the organization and
accounting firm in question. Next, create an argument supporting the
actions against the organization and accounting firm, based on the
current professional code of conduct for independent auditors and
management accountants.