Selecting a for-profit organization of interest, you will research an unusual or

Question

Selecting a for-profit organization of interest, you will research an unusual or conflicting accounting principle that has impacted your chosen organization. The research will require you to present, review and analyze the organizations published accounting statements of the last two years. Specifically, your research paper will:

· Identify the core functions of each department, their strengths and weaknesses, and make recommendations for improvement, as appropriate

· Identify and describe the underlying problem or conflict

· Compare the alternative courses of action

· Explain the effects at issue

· Recommend options that would be consistent with the organization’s accounting practices, accounting processes, and accounting-related departments.

· Include the last two years of published accounting statements

Explanation / Answer

looks like the company needs broad-based regulatory mechanisms to streamline the conflicting accounting principles. Transparency could be key to overcome openings for corruption.

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