Financial Statement Analysis and Ethical Implications - Accounting 499

This assignment solution for Accounting 499 delves into financial statement analysis, focusing on the ethical implications of accounting practices. It examines the repercussions of failing to include inventory write-downs in financial statements, leading to potential damaging financial and ethi...Read More

Accounting 499
Name of the Student
Name of the University
Author Note

Answer to Question 1
Failure to the including inventory write downs for a company’s financial
statement and later which results in the damaging financial statement repercussion and
the ethical repercussion. The Investors have a believer in the company and then they
invest their money in order to have a correct return and thereby the company shall
provide a correct financial statement. This is how the investors are able to know the
correct financial structure and position of the company. The investors will thereby be
fully aware about the risk posed and benefits from the investment in that company
(Morse, 2015).
On conducting audit and examination for 3years by the Internal Revenue Service, on
the company fortune 1000 it was found that the company

 Have not made any submission regarding the evaluation that is being made that
also includes the ethical results that also includes the statement of finance. The
organization failed to summit the report of the CFO which had led the company to
a fraud which is civil in nature and that have been generated by the audit that is
being done by IRS. So it is to be recommended that the company should submit
the report that is being generated from CFO in order to save itself from the
charges of fraud that is being conducted by the organization. As the company
failed to make the submission of the statement that is made by the CFO, it is
considered as a fraudulent activity from the side of the organization and therefore
should be avoided under any circumstances whatsoever (Year, 2014).
 The report that states the recommendation of CFO was partially submitted and
was not sufficient in nature. The organizations have not made any submission
regarding the evaluation that is being made that also includes the ethical results
that also includes the statement of finance. So it is to be recommended that the
company should submit the report that is being generated from CFO in order to
save itself from the charges of fraud that is being conducted by the organization.
 The evaluation of the statement of the accounts that has been made successfully is
being recorded in the results in regard to finance and ethics and ibis therefore to
be included within the statement of the inventory. They satisfactory evaluation of
the financial and ethical results which was included in the inventory writes downs
in the financial statements. Have not made any submission regarding the
evaluation that is being made that also includes the ethical results that also
includes the statement of finance. (Abdias, Chowdhury & Sake, 2016).

 The organizations have not made any submission regarding the evaluation that is
being made that also includes the ethical results that also includes the statement of
finance. The organizations have not made any submission regarding the
evaluation that is being made that also includes the ethical results that also
includes the statement of finance. They satisfactory evaluation of the financial and
ethical results which was included in the inventory writes downs in the financial
statements. (Kinchella & Santeria, 2016).
Answer to Question 2
The negative impact on the on resulted from resulted to.
Have not made any submission regarding the evaluation that is being made that also
includes the ethical results that also includes the statement of finance. The organization
failed to summit the report of the CFO which had led the company to a fraud which is
civil in nature and that have been generated by the audit that is being done by IRS. So it
is to be recommended that the company should submit the report that is being generated
from CFO in order to save itself from the charges of fraud that is being conducted by the
organization. This fraudulent activity led to levying of penalty on the organization The
evaluation of the statement of the accounts that has been made successfully are being
recorded in the results in regard to finance and ethics and ibis therefore to be included
within the statement of the inventory. This is how the investors are able to know the
correct financial structure and position of the company. The investors will thereby be

fully aware about the risk posed and benefits from the investment in that company. The
evaluation of the statement of the accounts that has been made successfully is being
recorded in the results in regard to finance and ethics and ibis therefore to be included
within the statement of the inventory. They satisfactory evaluation of the financial and
ethical results which was included in the inventory writes downs in the financial
statements. Have not made any submission regarding the evaluation that is being made
that also includes the ethical results that also includes the statement of finance.
Answer to Question 3
 Failure to the including inventory write downs for a company’s financial
statement and later which results in the damaging financial statement repercussion
and the ethical repercussion. The Investors have a believer in the company and
then they invest their money in order to have a correct return and thereby the
company shall provide a correct financial statement. This is how the investors are
able to know the correct financial structure and position of the company. . This
fraudulent activity led to levying of penalty on the organization The evaluation of
the statement of the accounts that has been made successfully are being recorded
in the results in regard to finance and ethics and ibis therefore to be included
within the statement of the inventory. Failure to the including inventory write
downs for a company’s financial statement and later which results in the
damaging financial statement repercussion and the ethical repercussion. The
Investors have a believer in the company and then they invest their money in
order to have a correct return and thereby the company shall provide a correct
financial statement. This is how the investors are able to know the correct

financial structure and position of the company. So it is to be recommended that
the company should submit the report that is being generated from CFO in order
to save itself from the charges of fraud that is being conducted by the
organization. As the company failed to make the submission of the statement that
is made by the CFO, it is considered as a fraudulent activity from the side of the
organization and therefore should be avoided under any circumstances
whatsoever (Kubrick et al., 2016).
Answer to Question 4
 Have not made any submission regarding the evaluation that is being made that
also includes the ethical results that also includes the statement of finance. The
organization failed to summit the report of the CFO which had led the company to
a fraud which is civil in nature and that have been generated by the audit that is
being done by IRS. So it is to be recommended that the company should submit
the report that is being generated from CFO in order to save itself from the
charges of fraud that is being conducted by the organization. So it is to be
recommended that the company should submit the report that is being generated
from CFO in order to save itself from the charges of fraud that is being conducted
by the organization. As the company failed to make the submission of the
statement that is made by the CFO, it is considered as a fraudulent activity from

the side of the organization and therefore should be avoided under any
circumstances whatsoever (Ocala et al., 2015).
Answer to Question 5
 The organizations have not made any submission regarding the evaluation that is
being made that also includes the ethical results that also includes the statement of
finance. So it is to be recommended that the company should submit the report
that is being generated from CFO in order to save itself from the charges of fraud
that is being conducted by the organization. Failure to the including inventory
write downs for a company’s financial statement and later which results in the
damaging financial statement repercussion and the ethical repercussion. The
Investors have a believer in the company and then they invest their money in
order to have a correct return and thereby the company shall provide a correct
financial statement. This is how the investors are able to know the correct
financial structure and position of the company. (KINNUNEN, COLLIS & Ojala,
2015).
Answer to Question 6
 (1) Switching over to IFRS which would allow entities and to watch the various
companies from different parts of world on the same plane. The report that states
the recommendation of CFO was partially submitted and was not sufficient in
nature. The organizations have not made any submission regarding the evaluation

that is being made that also includes the ethical results that also includes the
statement of finance. So it is to be recommended that the company should submit
the report that is being generated from CFO in order to save itself from the
charges of fraud that is being conducted by the organization. (Valet, 2015).
Answer to Question 7
Have not made any submission regarding the evaluation that is being made that also
includes the ethical results that also includes the statement of finance. The organization
failed to summit the report of the CFO which had led the company to a fraud which is
civil in nature and that have been generated by the audit that is being done by IRS. So it
is to be recommended that the company should submit the report that is being generated
from CFO in order to save itself from the charges of fraud that is being conducted by the
organization. This fraudulent activity led to levying of penalty on the organization The
evaluation of the statement of the accounts that has been made successfully are being
recorded in the results in regard to finance and ethics and ibis therefore to be included
within the statement of the inventory. (Libby, Rennekamp & Seybert,2015).
Answer to Question 8
. The Investors have a believer in the company and then they invest their money
in order to have a correct return and thereby the company shall provide a correct financial
statement. This is how the investors are able to know the correct financial structure and
position of the company. . This fraudulent activity led to levying of penalty on the
organization The evaluation of the staement of the accounts that has been made
successfully are being recorded in the results in regard to finance and ethics and ibis

therefore to be included within the statement of the inventory. (Strander, Algren &
Sparén, 2014). ) Switching over to IFRS which would allow entities and to watch the
various companies from different parts of world on the same plane. The report that states
the recommendation of CFO was partially submitted and was not sufficient in nature. The
organizations have not made any submission regarding the evaluation that is being made
that also includes the ethical results that also includes the statement of finance. So it is to
be recommended that the company should submit the report that is being generated from
CFO in order to save itself from the charges of fraud that is being conducted by the
organization. So it is to be recommended that the company should submit the report that
is being generated from CFO in order to save itself from the charges of fraud that is being
conducted by the organization. As the company failed to make the submission of the
statement that is made by the CFO, it is considered as a fraudulent activity from the side
of the organization and therefore should be avoided under any circumstances whatsoever
(Clays & Cauberghe, 2015). (Buts et al., 2016).
Answer to Question 9
. They satisfactory evaluation of the financial and ethical results which was
included in the inventory writes downs in the financial statements. Have not made any
submission regarding the evaluation that is being made that also includes the ethical
results that also includes the statement of finance. (Sitka, 2017). The Investors have a
believer in the company and then they invest their money in order to have a correct return
and thereby the company shall provide a correct financial statement. This is how the

investors are able to know the correct financial structure and position of the company.
Switching over to IFRS which would allow entities and to watch the various companies
from different parts of world on the same plane. The report that states the
recommendation of CFO was partially submitted and was not sufficient in nature.
Therefore to be included within the statement of the inventory. (Strander, Algren &
Sparén, 2014). ) Switching over to IFRS which would allow entities and to watch the
various companies from different parts of world on the same plane. The report that states
the recommendation of CFO was partially submitted and was not sufficient in nature. The
organizations have not made any submission regarding the evaluation that is being made
that also includes the ethical results that also includes the statement of finance. (Weaver
& Woods, 2015).

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