Give three reasons why accountants need to be ethical in their duties in regards to preparation of financial statements. Explain the importance of these ethics to the companycompliance issues for emerging growth companies. Respond to this question: Is SOX so cumbersome that it limits economic growth of new businesses?

Q: There are three basic decisions that a corporate manager ought to be aware and understand the…

A: Financial Strategies: The availability of resources, their uses, and the management of finances are…

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A: In the given question, we are provided with Balance sheet and Income statement of Sargassum…

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A: Business ethics can be defined as the study of appropriate business practices that are associated…

Q: How are financial accountants challenged in their work to make ethical decisions? Is technical…

A: Ethical behavior implies taking such actions which are not only as per laws but also confirm to…

Q: ello! I'm having troubles with my subject and I hope you can make things clearer on my end. Here are…

A: AS 1 Presentation of Financial Statements sets out the overall requirements for financial…

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Q: According to your textbook, the financial manager should attempt to maximize the wealth of the…

A: Value of firm refers to the total of all the market values of the outstanding securities that…

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A: Finance brings a business to life. Finance is important for every part of a firm's operations.…

Q: One of the key risk areas that corporates need to manage is "ethical risks." Do you think that…

A: Ethical risk: It is the negative unexpected  impact of unethical actions.

Q: ssue:  In the post-Enron environment, and with the enactment of the Sarbanes-Oxley legislation, many…

A: Yes, strong ethics makes good business sense. Strong ethics is fundamental to the success of the…

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A: Accounting is referred to as a process under which the transactions of a company are recorded,…

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A: In the world of finance agency conflict is a tangible problem facing companies. Agency conflict, in…

Q: financial needs of a business

A: Option B is wrong because the meeting of financial obligations and pay debts is one of the financial…

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A: While most managers see executive compensation as immoral, managers who have worked in firms with…

Q: Would you call a firm that is expected to have a high sales growth rate a growth firm?   Kindly…

A: A growth company is any company whose business produces important beneficial cash flows or income…

Q: What are the ethical and legal implications of using accounting practices such as the book-and-hold…

A: Corporate earnings are the profits of a corporation after all expenditures have been paid. Earnings…

Q: In her 1988 article called ‘Financial Accounting: In Communicating Reality, We Construct Reality’,…

A: Introduction:- The field of accounting that deals with the summary, analysis, and reporting of a…

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A: Financial Analysis based on principles of accounting includes both analysis and interpretation. An…

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A: Accounting standards are the common set of principles, procedures, and standards. These standards…

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A: Accounting information is related to the activities of the business. This information is provided to…

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A: The analysis likely includes incorrect and misleading conclusions. The ratio analysis is directed by…

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A: Financial reporting refers to the financial results and financial statements of a company or an…

Q: Explain the likely reasoning the company president has in mind to support this statement.

A:

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A: The financial market is a platform where investors trade for stocks. Investors trading over the…

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Q: ecommend ways in which your company may utilize anticipated financial statements and other metrics…

A: Financial statement analysis The process of studying a company's financial statements in order to…

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A: Introduction : Finance can be understood as the  lifeblood of any business. Financial performance is…

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A: Earnings Quality: The earnings quality or quality of earnings refers to the reliability with which a…

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A: While traditional accounting includes book keeping and balancing annual finances; An accounting firm…

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A: Definition: Balance scorecard: Balance scorecard is the technique used by the management to evaluate…

Q: The focal point of financial management in a firm is a. The number and types of products or services…

A: Financial management is the management of finances in a firm. It includes three decisions as…

Q: Which of the following are true statements on the principal-agent problem between corporate managers…

A: The principal-agent problem occurs when there are conflicts of interest between the principal and…

Q: Sarbanes-Oxley Act of 2002 requires which of the following report to be prepared by the management…

A: The company can raise the capital for expansion or for purchase of capital asset by issuing shares,…

Q: financial position

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Q: Explain to John, your mentor, the primary goal of the organization?

A: Note: Since you have asked multiple questions, we will solve the first question for you. If you want…

Q: ing are some of the factors that influence the market price of a corporation: I. Industry…

A: Step 1 These internal and external factors can be used by investors to anticipate stock prices.…

Q: How does the activity of investors in financial markets affect the decision of executives within the…

A: The financial market is a platform that provides the facility to the investor to purchase and sell…