the Internet for a company that recently restated its earnings. Based on the
company researched and identified:
a two to three (2-3) page paper in which you:
Assess the factors
that contributed to the financial statement restatement, signifying the
executive management team’s attitude toward the restatement. Suggest how
the restatement may have been avoided during the initial reporting
Explain the impact
to the company’s stock price when the restatement was released and to
future earnings forecast, indicating whether or not you believe the
impact to the stock price was justified.
restatement in terms of management’s ethical violations according to the
requirements of the Sarbanes-Oxley Act, providing recommendations to
management on how to avoid these problems in the future. Provide support
for your recommendations.
Use at least two
(2) quality academic resources in this assignment. Note: Wikipedia and other Websites
do not quality as academic resources.
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.
specific course learning outcomes associated with this assignment are:
Evaluate how the
changes in assets and liability valuations impact the measurement of net
income on the income statement.
Assess the uses of
the statement of cash flows and how the statement is used to evaluate the
quality of earnings.
Use technology and
information resources to research issues in financial analysis and
Write clearly and
concisely about financial analysis and reporting using proper writing