Can you help me with this homework. Just fallow the instructions


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Can you help me with this homework. Just fallow the instructions step by step. Securities and Exchange.docx 1) Search the Securities and Exchange Commission’s (SEC) website under the Accounting and Auditing Enforcement Releases section (http://www.sec.gov/divisions/enforce/friactions.shtml) 2) Identify 1 company that has been investigated by the SEC for improper or fraudulent accounting. For example, suppose you are interested in companies that have manipulated income tax expense in order to increase net income. If you type “tax expense”, you will see that ConAgra Foods, Inc. had an SEC investigation related to this issue in 2007. 3) Read the Accounting and Auditing Enforcement Release to find the main points of what happened at the company and of what they were accused. 4) If your company is accused of multiple different frauds, you can pick the one fraud that interests you and ignore the other frauds. 5) Find the company’s financial statements for the last year when the company committed the fraud. For example, if your company was charged with the fraud over the years 1999-2001, you can look at only the 2001 financial statements from the 10-K. 6) You can find the annual financial statements (10-K) at the SEC website as well (http://www.sec.gov/edgar/searchedgar/companysearch.html). 7) Below would be a listing of ConAgra’s financial statements. You can search for the 10-K for your company the same way. 8) Write a 1 page summary of how the company actually committed the fraud (double-spaced, 1 inch margins, Times New Roman, 12 font). Also, describe whether this type of fraud would be easier or more difficult to commit under International Financial Reporting Standards and why. 9) Hand in your 1 page summary and screenshots of the main financial statements (income statement, balance sheet, statement of cash flows). If you use Word, you can just insert pictures of the financial statements in the same document.

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