Accounting Standards; Will Enron Happen Again?
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Recent financial scandals such as Enron and Parmalat have caused concern, but they have not been the earliest financial scandals and have only added to the pace of change in the regulation of accounting standards. This 4 page paper looks at how and why regulations have been changing, including the development of the current regulatory framework in the EU, the way the regulations and standards are changing their impact. The bibliography cites 4 sources.
Filename: TEAstand.rtf

Accounting Statements
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This 3 page paper considers a case supplied by the student. A company has not complied with US GAAP as they have revealed property upwards. The paper considers how the auditors’ qualified statement may appear and how an adverse opinion may appear. The paper then looks at rule 203 AICPA Code of Professional Conduct and considers whether the report should be made. The bibliography cites 1 source.
Filename: TEadr203.rtf

Accounting System Case Study
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This 8 page paper considers a case study supplied by the student. The paper answers four questions posed by the student regarding a company where there is an accounting system that does not give middle managers any valuable information. This including identifying the likely control issues the opinion of the company accountant by a factory manager, the type of system that is used and how it could be changed. The bibliography cites 5 sources.
Filename: TEaccsy1.rtf

ACCOUNTING THEORIES AND ESSAYS
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This 13-page paper discusses the question of whether accountants will be able to prevent a future Enron (U.S.) or HIH (Australia) accounting scandal, due to the fact that their education and philosophy is that of numbers, rather than ethical behavior. Bibliography lists 4 sources.
Filename: MTacctes.rtf

Accounting – Government Mandates And Business Ethics
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A 2.5 page paper. The dramatic scandals involving auditors and accounting practices have left all finance but especially the accounting industry in the spotlight. New government mandates have been issued regarding accountants and auditors. This essay points out that unethical practices led to new regulations and, in turn, very nearly precludes innovations in this industry. Bibliography lists 4 sources.
Filename: PGacct.rtf

Accounting: Internal Controls
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A 4 page paper identifying internal control activities and discussing how the concepts of internal control affect the development GAAP accounting standards and how GAAP accounting standards affect the internal controls implemented. The paper begins with the COSO (Committee of Sponsoring Organizations of the Treadway Commission) definition of control activities. Bibliography lists 4 sources.
Filename: KSacctIntCont.rtf

Accounting: Principles-Based Or Rules-Based?
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4 pages in length. Stagnancy and interpretation are two elements that have no place within the fundamentally stringent nature of accounting procedures, yet typical standards have reflected precisely this approach to the conceptual aspect of principles-based methods. The extent to which Enron and WorldCom helped to redefine accounting procedures is both grand and far-reaching; that the industry has moved away from a principles-based to a rules-based approach speaks to fortifying the former with two integral - and wholly absent - components. Bibliography lists 4 sources.
Filename: TLCAccountPrin.rtf