Assignments: Week of August 26
8/26 Introduction
8/27 THE STANDARD SETTING PROCESS; A MODEL FOR ETHICAL DECISION-MAKING
If it's illegal, don't do it! But issues can be subtler than that.
Read Chapter 1: 1-8, 18-21; Read "Ethics and Expense Recognition" p. 10 of the course packet. We will discuss this in class today.What's the role of the audit committee?
What went wrong? An account of some recent accounting frauds
8/29 A Review of the Accounting Cycle
Read Chapter 1
How does the concept of materiality affect earnings management?
Related Web sites:
The Financial Accounting Standards Board