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

Preassignment Instructions: Download the annual report of a company that has substantial foreign operations.Assignment Instructions: The final paper will involve applying the concepts learned in class to an analysis of a company using corporate governance information from their annual report. Using the concepts gleaned from this course, you will analyze the company’s corporate governance and write a report analyzing that activity.Review Chapter 11 and Chapter 12 in your course text. Address the following questions:Explain the main strategic issues associated with the company that you have chosen?Discuss the way in which your chosen company has attempted to establish corporate governance.Discuss the highlights of the auditor’s report.Explain any relevant links between corporate governance and auditing?When thinking of how to address the questions in this assignment, review the questions in the back of Chapter 12. There are many helpful questions that can guide the formation of the body of your paper.The Analysis of a Corporate Governance Report final paperMust be 8 to 10 double-spaced pages in length (not including title and references pages) and formatted according to APA Style (Links to an external site.) as outlined in the Writing Center’s APA Formatting for Microsoft Word (Links to an external site.) resource.Must include a separate title page with the following:Title of paperStudent’s nameCourse name and numberInstructor’s nameDate submittedMust utilize academic voice. See the Academic Voice (Links to an external site.) resource for additional guidance.Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.For assistance on writing Introductions & Conclusions (Links to an external site.) as well as Writing a Thesis Statement (Links to an external site.), refer to the Writing Center resources.Must use at least five scholarly sources in addition to the course text.The Scholarly, Peer-Reviewed, and Other Credible Sources (Links to an external site.) table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for a particular assignment.Must document any information used from sources in APA Style as outlined in the Writing Center’s APA: Citing Within Your Paper (Links to an external site.) guide.Must include a separate references page that is formatted according to APA Style as outlined in the Writing Center. See the APA: Formatting Your References List (Links to an external site.) resource in the Writing Center for specifications.