Accounting

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Many organizations have been in the news over the past few years due to accounting ethical breaches that have affected their customers, employees, or the general public. Search the Internet or the Strayer Library to locate a story in the news that depicts an accounting ethical breach. You may select from any type of organization about which you have information or a curiosity. Write a four to five (4-5) page paper in which you: 1.Given the corporate ethical breaches in recent times, assess whether or not you believe that the current business and regulatory environment is more conducive to ethical behavior. Provide support for your answer. 2.Based on your research, describe the organization, the accounting ethical breach and the impact to the organization related to ethical breach. 3.Determine how the organizational ethical issue was detected and how management failed to create an ethical environment. 4.Analyze the accounts impacted and / or accounting guidelines violated and the resulting impact to the business operation. 5.As a CFO, recommend which measures could have been taken to prevent this ethical breach and how each measure should be implemented in the future. 6.Use at least four (4) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources. Your assignment must follow these formatting requirements: •Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. •Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are: •Examine accounting principles and concepts used in businesses. •Prepare and record financial transactions in the accounting cycle according to GAAP and IFRS accounting methodology. •Use technology and information resources to research issues in financial accounting. •Write clearly and concisely about financial accounting using proper writing mechanics. Criteria Unacceptable Below 70% F Fair 70-79% C Proficient 80-89% B Exemplary 90-100% A 1. Given the corporate ethical breaches in recent times, assess whether or not you believe that the current business and regulatory environment is more conducive to ethical behavior. Provide support for your answer. Weight: 20% Did not submit or incompletely assessed whether or not you believe that the current business and regulatory environment is more conducive to ethical behavior. Did not submit or incompletely provided support for your answer. Partially assessed whether or not you believe that the current business and regulatory environment is more conducive to ethical behavior. Partially provided support for your answer. Satisfactorily assessed whether or not you believe that the current business and regulatory environment is more conducive to ethical behavior. Satisfactorily provided support for your answer. Thoroughly assessed whether or not you believe that the current business and regulatory environment is more conducive to ethical behavior. Thoroughly provided support for your answer. 2. Based on your research, describe the organization, the accounting ethical breach, and the impact to the organization related to ethical breach. Weight: 15% Did not submit or incompletely described the organization, the accounting ethical breach, and the impact to the organization related to ethical breach. Partially described the organization, the accounting ethical breach, and the impact to the organization related to ethical breach. Satisfactorily described the organization, the accounting ethical breach, and the impact to the organization related to ethical breach. Thoroughly described the organization, the accounting ethical breach, and the impact to the organization related to ethical breach. 3. Determine how the organizational ethical issue was detected and how management failed to create an ethical environment. Weight: 15% Did not submit or incompletely determined how the organizational ethical issue was detected and how management failed to create an ethical environment. Partially determined how the organizational ethical issue was detected and how management failed to create an ethical environment. Satisfactorily determined how the organizational ethical issue was detected and how management failed to create an ethical environment. Thoroughly determined how the organizational ethical issue was detected and how management failed to create an ethical environment. 4. Analyze the accounts impacted and / or accounting guidelines violated and the resulting impact to the business operation. Weight: 20% Did not submit or incompletely analyzed the accounts impacted and / or accounting guidelines violated and the resulting impact to the business operation. Partially analyzed the accounts impacted and / or accounting guidelines violated and the resulting impact to the business operation. Satisfactorily analyzed the accounts impacted and / or accounting guidelines violated and the resulting impact to the business operation. Thoroughly analyzed the accounts impacted and / or accounting guidelines violated and the resulting impact to the business operation. 5. As a CFO, recommend which measures could have been taken to prevent this ethical breach and how each measure should be implemented in the future. Weight: 15% Did not submit or incompletely recommended which measures could have been taken to prevent this ethical breach and how each measure should be implemented in the future. Partially recommended which measures could have been taken to prevent this ethical breach and how each measure should be implemented in the future. Satisfactorily recommended which measures could have been taken to prevent this ethical breach and how each measure should be implemented in the future. Thoroughly recommended which measures could have been taken to prevent this ethical breach and how each measure should be implemented in the future. 6. 4 references Weight 5% No references provided Does not meet the required number of references; some or all references poor quality choices. Meets number of required references; all references high quality choices. Exceeds number of required references; all references high quality choices. 7. Clarity, writing mechanics, and formatting requirements Weight: 10% More than 6 errors present 5-6 errors present 3-4 errors present 0-2 errors present

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