ACCOUNTING SCANDALS AND SOX (GRADED)   Please note that a total of THREE quality responses are required each week.   1. Read the article “Ethics Evolution in the Era of Sarbanes-Oxley.” This article is part of the readings for the week and can be found through the DeVry online library. The last sentence of the […]

THE FUTURE OF THE ACCOUNTING PROFESSION (GRADED)   Please note that a total of THREE quality responses are required each week.   What social, economic, and technology shifts do you think will shape the accounting profession over the next decade? How will they shape the profession? Good or bad?   What new skills will the […]

CURRENT ISSUES IN TAX AND AUDITING (GRADED)   Please note that a total of THREE quality responses are required each week.   Go to http://www.irs.gov/taxpros/index.html?navmenu=menu1 (Links to an external site.)Links to an external site.. Read the current information that the IRS is publishing for tax professionals and tell us about it. How does this impact […]

XBRL AND EDGAR (GRADED)   Please note that a total of THREE quality responses are required each week.   Describe one of the benefits of XBRL. Can you also name a disadvantage to the use of XBRL?   Go to the XBRL data for your favorite public company using the instructions in the lecture. Tell […]

ETHICS AND ETHICAL CONSEQUENCES (GRADED)   Please note that a total of THREE quality responses are required each week.   Read the article “Ethics In Accounting: The Consequences Of The Enron Scandal.” This article is part of the readings for the week and can be found through the DeVry online library. Let’s point fingers for […]

CODIFICATION AND IFRS (GRADED) Please note that a total of THREE quality responses are required each week.   1. Do you feel that the codification is really necessary, especially given that entire generations of accountants already understood where to find information? Do you think it’s worth the cost?   2. How are IFRS and the […]

THE HISTORY AND FUTURE OF IFRS (GRADED) Please note that a total of THREE quality responses are required each week.   1. Describe one of the major milestones in the history of IFRS. Why do you think this milestone was so important?   2. What do you think is the future of IFRS? Will the […]

ACCOUNTING SCANDALS AND SOX (GRADED)   Please note that a total of THREE quality responses are required each week.   1. Read the article “Ethics Evolution in the Era of Sarbanes-Oxley.” This article is part of the readings for the week and can be found through the DeVry online library. The last sentence of the […]

FINANCIAL REPORTING ENVIRONMENT, FINANCIAL STATEMENTS, AND RATIOS What is the purpose of accounting? Who are the users of accounting information?   What about the purpose and composition of the balance sheet, the income statement, the statement of retained earnings and the statement of cash flows? How about earnings per share, the current ratio and the […]

ACCOUNTING SCANDALS AND SOX (GRADED)   Please note that a total of THREE quality responses are required each week.   1. Read the article “Ethics Evolution in the Era of Sarbanes-Oxley.” This article is part of the readings for the week and can be found through the DeVry online library. The last sentence of the […]