ยท Evaluate the current trend of companies restating financial
statements. Indicate the key drivers of this trend. Predict the
trend over the next five years, providing support for your
rationale.
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ACC 573 Week 7 Assignment 2 Accounting Quality
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Write a four to five (4-5) page paper in which you:
1. Assess the roles of the Board of Directors and Chief Executive
Officer of a public company for establishing an ethical environment
that generates quality accounting and reliable financial reporting
for use by shareholders and investors. Provide support for your
assessment.
2. Recommend a strategy for a CEO to implement, leading to an
ethical environment that leads to high-quality accounting, reporting,
and forecasting. Provide support for your recommendation.
3. Suggest how corporate management can provide assurances to
investors that the performance forecast and expected earnings will
be realized, minimizing the volatility of the stock price. Provide
support for your suggestions.
4. Evaluate the consequences to a publically traded company when
there is a lack of quality within financial accounting and reporting,