Deliverable 6 – Ethical and Legal Implications
Select two recent SEC actions against companies (not individuals) that relate to revenue and expense recognition and Prepare a Word document that:
summarizes reasons for the SEC actions.
identifies the SEC issues related to accounting data and/or operations and the remedial actions assigned and/or penalties given to the company.
critiques the remedial actions/penalties.
It gives an opinion as to whether you believe they will be effective in preventing future violations by the company.