Ethics and Professional Practices Assignment

Added on - 07 Oct 2019

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Ethics and Professional Practice1
EXECUTIVE SUMMARYThe current report aims to discuss the issue of improper accounting of multiyear contractsfaced by the company SuccessFactors. It aims to discuss which parties are affected by suchimproper and fraud accounting within the business. It also discusses the financial measuresavailable with the company, instead of GAAP and other accounting rules. These rules andguidelines can enable a company to inform investors about the business and its happenings in abetter as well as efficient manner. The report will also throw light on the decision made by SAPto purchase SuccessFactors. Whether the same has turned into profitable decision or not will beanalysed under the current report in an effective manner.2
Table of ContentsEXECUTIVE SUMMARY.............................................................................................................2INTRODUCTION...........................................................................................................................4MAIN BODY...................................................................................................................................41. Alleged improper accounting and who was hurt with the same.........................................42. Non-GAAP financial measures and its usefulness to investors.........................................53. Measures to be taken for prevention of improper accounting of multiyear contracts........6CONCLUSION................................................................................................................................7RECOMMENDATION...................................................................................................................7REFERENCES................................................................................................................................93
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