Q1. Explain the “shareholder primacy” thinking in Lynn Stout (2012) about? Q2. Explain the key arguments in Section 2 of Stout (2012), “The Positive Case Against Shareholder Primacy”. Q3. In Section 3 of Stout (2012), “The Theoretical Case Against Shareholder Primacy”, five theories are presented. Explain these five theories. How do these theories influence your thinking about maximizing shareholders wealth?

Write a paper on COSO and how it relates to Sarbanes-Oxley and the auditing of public companies in 700 to 1,050 words. Address the following:  

• Provide a brief history of COSO.
• Describe the five components and 17 principles of the COSO Framework.
• Review your company's "Management's Annual Report on Internal Control over Financial Reporting" and "Report of Independent Registered Public Accounting Firm" (usually found in Section 9A of the Form 10-K) and explain why these reports are necessary.

Write a response to the following assignments from the Core Concepts of Accounting Information Systems text:

• Chapter 13: Case Analyses 13-18 (Lobs, Love & Lessons Tennis Club)
• Chapter 14: Problem 14-16 and 14-19 (although you should explain the control, in order to earn full credit, per assignment guidelines you must identify the control you are explaining as "general", "application," or "both."

 

Case Analyses 13-18.  Lobs, Love & Lessons Tennis Club

The Lobs, Love & Lessons Tennis Club is a large, regional chain of full-service tennis clubs that cater to the demographics of the region (about 60% of all adults are single in most locations). The clubs each have an indoor swimming pool, exercise equipment, a running track, tanning booths, and a smoothie café for after-workout refres

The Chief Risk Officer has asked you to perform an enterprise-wide risk assessment.

• Write a proposal of approximately 700 to 1,050 words that shows your plan for the risk assessment project.
• Identify risk areas and the criteria to be used to determine likelihood, magnitude, velocity, and persistence.
• Link risk categories to financial statement assertions.
• Include fraud risks and the incentives, opportunities, and rationalization related to fraud.

Week 5

Write a 700- to 1,050-word paper. Reflect on an ethical dilemma that you have faced in your career, or a recent accounting scandal in the news.

• Describe the situations surrounding the ethical dilemma and your actions in response.
• Explain the ethical theories of egoism, utilitarianism, deontological ethics, the categorical imperative, and virtue ethics.
• Assess whether your actions fit the ethical theories of egoism, utilitarianism, deontological ethics, the categorical imperative, and virtue ethics.
• Evaluate and explain what other actions may have been taken to fit the ethical theories of egoism, utilitarianism, deontological ethics, the categorical imperative, and virtue ethics.

Cite your research from the text and any additional professional or regulatory guidance.   Teacher's note :When you submit another student's work, at a minimum, you will receive a ze

Your client, Mr. I. M. Rich, has a condo in Ocean City that he wants to sell.  He has used the property as a rental and has never used the condo personally. Mr. Rich bought the condo nine years ago for $300,000.  He has taken $100,000 in depreciation deductions, using the straight line method of depreciation. The current fair market value of the property is $500,000. 

Milwaukee Surgical Supplies, Inc.. Sells on terms of 3/10, net 30. Gross sales for the year re $1,200,000 and the collections department estimates that 30 percent of the customers pay on the tenth day and take discounts, 40 percent pay on the thirtieth day, and the remaining 30 percent pay, on average, 40 days after the purchase. (Assume 360 days per year.) a. What is the firm’s average collection period? b. What is the firm’s current receivables balance? c. What would be the firm’s new receivables balance if Milwaukee Surgical toughened up on its collection policy, with the result that all non-discount customers paid on the 30th day? d. Suppose that the firm’s cost of carrying receivables was 8 percent annually. How much would the toughened credit policy save the firm in annual receivables carrying expense? (Assume that the entire amount of receivables had to be financed.)

Assignment 1: Information Needs for the AIS Due Week 2 and worth 200 points For this assignment, research the Internet or Strayer databases for information related to improper assumptions concerning accounting information systems. Write a six to seven (6-7) page paper in which you:

1. Based on your research, assess how corporate leaders may make improper assumptions related to accounting information systems and the related information. Indicate the most negative potential impacts on business operations related to these assumptions. Provide support for your rationale.
2. Suggest three to four (3-4) ways in which organizational performance may be improved when information is properly managed within a business system. Provide support for your rationale.
3. Evaluate the level of system security (i.e., high, medium, low) needed to ensure information integrity within automated business systems. Provide support for your evaluation.

This has a 2 hour deadline.  There will be no extensions. Please do not contact me if you cannot complete it within 2 hours.       Answer each of the questions below with a minimum of 100-125 words each.       §  QUESTION 1:  One of the areas of compensation design that is very important is that of management compensation. In addition to fixed salaries and bonuses, many top level employees are offered employee stock options. Employee stock options (ESOs) are defined as the common stock of a company with a call option that is granted to an employee as part of their compensation package.   The accounting for ESO has often been debated, especially over the last several years. Currently, ESO are required to be recognized on the income statement, but they weren't always required to. Belo