ACC 573 help A Guide to career/uophelp.com ACC 573 help A Guide to career/uophelp.com | Page 7

Write a two to three (2-3) page paper in which you:
Assess the factors that contributed to the financial statement restatement,
signifying the executive management team’s attitude toward the
restatement. Suggest how the restatement may have been avoided during
the initial reporting process.
Explain the impact to the company’s stock price when the restatement
was released and to future earnings forecast, indicating whether or not
you believe the impact to the stock price was justified.
Evaluate the restatement in terms of management’s ethical violations
according to the requirements of the Sarbanes-Oxley Act, providing
recommendations to management on how to avoid these problems in the
future. Provide support for your recommendations.
Use at least two (2) quality academic resources in this assignment. Note:
Wikipedia and other Websites do not quality as academic resources.
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ACC 573 Week 3 DQ 1
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As part of the Sarbanes-Oxley Act, corporate officers are no longer
able to “pass the buck” of responsibility for ensuring adequate controls
over financial statements and reporting activities thus ensuring the
accuracy of financial statements. Assess the adequacy of the provisions
contained within the Act, indicating whether or not you believe
requirements will improve the accuracy of financial statements and
reporting. Provide support for your rationale.