Chapters 1 and 2 discuss the nature and purpose of financial reporting, economic concepts of income, and earnings management. The remainder of the course uses this information to analyze a company’s creditworthiness and profitability. With this in mind, are accountants ethically obligated to report financial information accurately? Does reporting using the generally accepted accounting principles imply accuracy? What are some potential consequences for an external analyst if a company provides inaccurate or misleading financial statements? Watch the following video before posting:Earnings Management

This assignment will provide you with an IT consultant experience to investigate a business process operation.For instance, a company encourages employees to work remotely and tries to identify a free or affordable application that enables all employees to communicate virtually. What are the IT options available to enable the team?You will think outside the box to develop a practical solution for a real-life problem or application.IT Business Application Case StudyDiscuss a business problem with an IT solution from your work or personal experience. Are there any specific artificial intelligence (AI) applications that can be considered as part of the solution? If you don’t have specific personal experience, select 1 management enterprise system (MIS) solution with a specific use case. For this project you are going to write a five (5) page technical report discussing the following:Identify the business and the problem.Discuss the expectations of the deliverables in the business process.Explain the specific application you chose to provide an effective solution.Describe the specific features and benefits of the new IT application.State how the new application provides long-term support to the business process thought maintaining data integrity in cases of disaster recovery and continuity planning.Submit your Five (5) page technical report in APA format with at least 3 references. Please note that title page and reference page do not count as part of the five (5) page total.1 Title page (remember the running heading should be abbreviated and all caps) – This proposal does not require an abstract.3 paragraphs identifying the business and the problem3 paragraphs discussing the expectations of the deliverables in the business process3 paragraphs explaining the specific application chosen to provide an defective solution3 paragraphs describing the specific features and benefits of the new IT application3 paragraphs stating how the new application provides long-term support to the business process thought maintaining data integrity in cases of disaster recovery and continuity planning.Reference page minimum of 3 referencesPlease submit your assignment.Grading Rubric: Maximum 150 PointsGrading CriteriaPoints Deliverable requirements addressed; understanding of material and presenter’s message and intent are clear 60 pointsFollowed assignment guidelines and criteria30 ptsYes/CompleteMostlyNot at allOverall quality30 ptsExcellentSatisfactoryNeeds ImprovementScholarly research that supports the writer's position is properly acknowledged and cited, and direct quotations do not exceed 10% of the word count of the body of the assignment deliverable 30 pointsTitle page, table of contents, tables, exhibits, appendices or reference page included15 ptsYesPartiallyNot at allContent is original with less than 35% match15 ptsYes36–50%51% or overCritical thinking: Position is well-justified; logical flow; examples 20 pointsPosition is justified with examples10 ptsExcellentSatisfactoryNeeds ImprovementPresentation flows logically10 ptsExcellentSatisfactoryNeeds ImprovementStructure: Includes introduction and conclusion, proper paragraph formatting, and reads as a polished academic paper or professional presentation, as appropriate for the required assignment deliverable10 pointsIncludes introduction and conclusion2.5 ptsExcellentSatisfactoryNeeds ImprovementParagraphs are formatted properly2.5 ptsExcellentSatisfactoryNeeds ImprovementReads as polished academic paper or presentation5 ptsExcellentSatisfactoryNeeds ImprovementMechanical: No spelling, grammatical, or punctuation errors 20 pointsSpelling and grammar are accurate10 ptsYesPartiallyNot at allPunctuation is accurate10 ptsYesPartiallyNot at allAPA: Deliverable is cited properly according to the APA Publication Manual 10 pointsReferences are cited in accordance with APA formatting5 ptsYesPartiallyNot at allReference page is included5 ptsYesPartiallyNot at all