Graded Homework

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MBA560 module 1 discussion latest 2016 july

Module 1 Discussion

Review the provisions of the
Sarbanes-Oxley Act of 2002 to address the accounting scandals in the late
1990s and early 2000s (Enron, WorldCom, etc.). Identify the provisions that you
believe made the most significant impact. What other provisions
could have been included in the Act to strengthen the responsible stewardship
and integrity of the accounting profession? Conversely, what existing
provisions in the Act do you believe (if any) are unnecessary or over-regulate
the profession?

Module 2 Discussion

Summarize the events of a
recent accounting scandal. Identify how the illegal or unethical act was
detected and describe the punishments that resulted (fines, prison terms,
etc.). Consider what could have been done to detect this act earlier or to
prevent it from happening in the first place. Select a different example
than those listed in previous posts.

Module 3 Discussion

US GAAP follows the
Historical Cost Concept in valuing the cost of long-term assets. Explain this
principle and how it compares to the standards used in the reporting of
long-term assets under International Financial Reporting Standards (IFRS). If
there is a convergence of standards, which method do you believe should be used
and why?

Module 4 Discussion

Discuss the advantages and
disadvantages of the following types of financing:

1. Issuing bonds
2. Borrowing
from the bank
3. Equity financing

Provide an example of how a public company has
relied more on one method of financing than the others and why it has done
so.

Module 5 Discussion

Discuss the differences
between the indirect and direct methods of preparing the statement of cash
flows. What do you believe are the most significant advantages and
disadvantages of using each method? Explain your reasoning.

Module 6 Discussion

Discuss the efficient market
hypothesis. Explain why financial statement analysis can or cannot be
performed in a way that provides significant advantage to an investor.

Module 7 Discussion

Identify a real-life
outsourcing decision that has been made. Identify the specific reasons for the
outsourcing. If information is available, discuss the results of the
outsourcing decision (jobs lost, cost savings, etc.). Cite sources as deemed
necessary.

Module 8 Discussion

Identify the costs and
benefits to a company of gathering, reporting, and disclosing non financial
information (e.g., balanced scorecard, corporate social responsibility
reporting, sustainability reporting, etc.).