Pick a large cap U.S company that declared bankruptcy between 1980 and 2009. Read all instructions
December 29, 2020Financial Ratio Analysis: Fortune 500 company; need Excel calculations and 1050+ word paper
December 29, 2020
- What are 2 of the principles that surround corporate governance? How do they tie into the recent legislation that was put into place to resolve ethical challenges and changes within the last decade?
- The Generally Accepted Auditing Standards (GAAS) are based upon 10 audit guidelines that fall into 3 categories. Briefly describe the 3 main parts of the audit, and give examples of what activities would occur in each category.
- Describe the role of the audit committee. Include the outside directors in your discussion. Compare and contrast the oversight responsibility and the primary responsibility of the audit committee.
- Explain how the Sarbanes-Oxley Act impacted the auditing profession.
- Describe the key role of the PCAOB.
- Do you feel that it has met its objective?
- What—if any—changes would you want to add to the scope of the PCAOB?