ACC 571 Course Great Wisdom / tutorialrank.com ACC 571 Course Great Wisdom / tutorialrank.com | Page 2

Assess the six situational categories that cause non-sharable problems. Determine which of these six categories, in your opinion, were prevalent at Enron "Securities Fraud" Please respond to the following: From the e-Activity, examine how the Bernie Madoff organization was dismantled and give your opinion on whether you believe he was treated fairly during this process. Give your opinion on whether or not you believe the Securities and Exchange Commission failed in not detecting Bernie Madoff crime earlier. Support your answer. The Sarbanes-Oxley Act of 2002 and the Criminal Justice System" Please respond to the following: The Sarbanes-Oxley Act requires the chief executive officer and the chief financial Officer of public companies to personally certify annual and quarterly SEC filings. These certifications require the CEOs and CFOs to take responsibility for their companies’ financial statements. From the e-Activity, assess the importance of the criminal certifications and the civil certifications, and determine whether or not such certifications will be effective in reducing and detecting fraud in corporations. Fraud may be prosecuted criminally or civilly. Anytime the legal issue at hand involves money or fraudulent activity, forensic accountants and fraud examiners can play an important role in the investigation. Compare and contrast the remedies available in the civil and criminal justice system, indicating which system is most effective. "Management Override, Collusion, and Earnings Management" Please respond to the following: