Question.3167 - Write a 350- to 700-word article analysis in which you identify situations that might lead to unethical practices and behavior in accounting. Examine the effect of the Sarbanes-Oxley Act of 2002 on financial statements. Prepare at least one question based on your article analysis for class discussion. Cite one article from the Electronic Reserve Readings, the Internet, or other resources. Format your paper consistent with APA guidelines.
Answer Below:
Unethical xxxxxxxxx and xxxxxxxx in xxxxxxxxxx and xxxx of xxxxxxxxxxxxxx Act xxxxxxxxx practices xxx behavior xx accounting xxx been xxxxxxxx factor xxx all xxxxxxxxxxxxx The xxxx in xxxxxxxxx related xx ethics xx accounting xxxxxxxxx can xx attributed xx a xxxxxx of xxxxxx like xxxxxxxxxxxxxx expectations xxxxxxxxx rules xxx feeling xxxx unethical xxxxxxxx is xxx only xxx to xxxx ahead xx times xxxxxxxxx indulge xx unethical xxxxxxxx as xxxx assume xxxx the xxxxxxxxxxxx expects xxxx to xx unethical xxxx is xxxxxxxx borne xxxx the xxxx that xxxxxxxxx behavior xxxxxxxx deep xxxxxx the xxxxxxxxxxxx culture xxxxxxxxx of xxxxx might xxxx induce xxxxxx to xxxxxxx in xxxxxxxx that xxxxx be xxxxxxxxx in xxxxxxxxxx Lack xx clarity xx the xxxxxxxxxx systems xxxxx it xxxx for xxxxxxxxx to xxxxxxx in xxxxxxxxx of xxxxxxxx While xx other xxxxx the xxxxxxxxxxxx acts xx an xxxxxxxxx manner xx people xxxxxxx in xxxx organization xxxx that xxxx can xx successful xxxx by xxxxx unethical xxxx promotes xxxxxxxxxxx while xxxxxxxxxx financial xxxxxxxxxx These xxx some xx the xxxxxx situations xxxx induce xxxxxxxxx practices xxx behavior xx accounting xxxxxxx Hunger xxx amp xxxxxx The xxxxxxxxxxxxxx Act xxx enacted xx response xx a xxxxxx of xxxxxxxxxx scandals xxx fall xx ethical xxxxxxxx is xxxxxxxxxx systems xxxx Act xxxx it xxxxxxxxx for xxx companies xx maintain xxxxxxx standards xx ethical xxxxxxxx and xxxxxxxxxxxxxx while xxxxxxxxx and xxxxxxxxxx financial xxxxxxxxxx The xxxxx main xxxxxxxxxxxxx of xxxx Act xx financial xxxxxxxxx can xx attributed xx independent xxxxxxxxxx of xxxxxxxxxx and xxxxxxxx profession xxxxxxx rsquo x independence xxx management xxxxxxxxxxxxxx assessment xxxxx Stice xxx amp xxxxx The xxx set xx a xxxxxx Company xxxxxxxxxx Oversight xxxxx PCAOB xxxxx is xxxxxxxx to xxxxxxx the xxxxxxxxxx involving xxxxxxxxxxxxx of xxxxxxxxx related xx audit xxxxxxx and xxxxxxxxxxx of xxxxx reports xx public xxxxxxxxxx firms xx maintain xxxxxxx standards xxxxxx audit xxxxx it xxx also xxxx mandated xx conduct xxxxxxx and xxxxxxxxxx of xxxxx audit xxxxx It xxx been xxxx with xxx aim xxxxxxxxx compliance xx the xxxxxxxxxx of xxx Act xxx impose xxxxxxxxx for xxx deviation xxxx the xxxxxxxxxx of xxx Act xxxxx et xx The xxx has xxxxxxxx provisions xxx maintaining xxx independence xx external xxxxxxxx The xxxxxxxx auditors xxx prohibited xxxx performing x number xx services xxx clients xxxxxxxxx maintain xxx books xx accounts xxxxxxxxx management xxxxxxxxxxx etc xx that xxxxx is xx conflict xx interest xxx Act xxxx mandates xxxxxxxx of xxxxx partners xxxxx five xxxxx In x bid xx raise xxx ethical xxxxxxxxx and xxxxxxxxxxxx of xxxxxxxx the xxx made x provision xxxxxxx the xxxxxxx is xxx required xx report xx the xxxxx Financial xxxxxxx of xxx company xxx directly xx audit xxxxxxxxx of xxx Board xx Directors xxxxx et xx With x view xx raise xxx accountability xx the xxxxxxx management xxx the xxxxxx committed xx the xxxxxxx the xxx has xxxx some xxxxxxxx provisions xxxxx mandated xxxxxxxxx of x statement xxxx the xxx and xxx of xxxx public xxxxxxx along xxxx the xxxxxxx rsquo x report xx ldquo xxxxxxx the xxxxxxxxxxxxxxx of xxx financial xxxxxxxxxx and xxxxxxxxxxx rdquo xxxxx et xx It xxxxxxxxxx company xxxxxxxxx loans xx directors xxx executive xxxxxxxx The xxx also xxxxxxxx the xxxxx committee xx remain xxxxxxxxxxx where xxxxx only xxxxxxxxxxx who xxx not xxxx of xxx management xxxx of xxx company xxxxx Stice xx al xxxxx be xxxxxxxx These xxxxxxxxxx have xxxx implemented xx make xxx management xxxx accountable xxx any xxxxxxxxx wrongdoings xxx Sarbanes-Oxley xxx has xxxxxxx a xxxxxx of xxxx intentioned xxxxxxx in xxx statutory xxxxxxxxx within xxxxx the xxxxxxx rsquo x accounting xxxxxxxxx policies xxxxxxx in xxxxxxx one xxxxx to xxxxxxxx whether xxx Act xxx really xxxxxxx to xxxxxx a xxxx independent xxxxx system xxx the xxxxxx audit xxxxx objectively xxxxxxxxxxx to xxxxxx their xxxxxxxx related xx the xxxxxxx rsquo x financial xxxxxx to xxxxxxx the xxxxxxxx of xxx stakeholders xxxxxxxxxx Stice x K xxxxx J x amp xxx Swain x R xxxxxxxxxx Concepts xxx amp xxxxxxxxxxxx Cengage xxxxxxxxxxxxxxx T x Hunger x J xxx amp xxxxxx W xxxxxxxx in xxxxxxxxx Management xxx Business xxxxxx Pearson xxxxxxxxx IndiaMore Articles From Accounting
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