This question is “For Anagarwal”. I have 5 cases I need the


Question Description:

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This question is “For Anagarwal”. I have 5 cases I need the answer next Tuesday please. They are ethical accounting cases. I need the first 4 less than one page and the last one more than one page. I am attaching the instruction for the assignments and the cases. 5-1A.pdf 240 Accounting Fraud Audit Responsibilities and ChaPter 5 l 7’^f case 5-t Fraud General Electric Accounting filed a civil injunctive action On August 4,2009, the SEC t""a u"o otr’o charges against General.Electric "ltii The s"’t, iittO lo-u’S’ oitt’itt Court for the Company (GE). bv alieges that GE misled investors )’i**i same time its financial statements securities for sale at the instance’ in ;;;il-;;,;ria11v ii*.ir’iooo, false statements’ For tl GE ofLred approximatelv t snares iird;;ia;"cticut, 1ilt11 stock for sale to the public of newly issued GE "o"t*o" mllGE used approximately 342 at 531.83. In April 2004, to #;;J;A;sic and ;; i*ttu" ii""po’teo earnings or.revenues to ;;;;t agreed GE has negafive financial results’ 2004′ GE made addi2003, January 2004, atdDecember paid for in whole or in part with tional acquisitions that were results in its linancial reporting materially false and"misleading used improperaccountutt"g"’ that GE of GE common ‘stock lion shares of newly issued shares ‘r**il;tsham’plc’ In addition’ in March 2003′ June avoid reporting ;;;;$6′;fi toq:*’1#,:$".’t’.t"u-1illii’&,,.,", " the cor According exceeded final GE common stock’ ""&;ilt;ale per share (EPS) consensus analyst earnings 1995 through liting of its or communication of transportation the means or instuments the mails-knowingly commerce or by the use of in interstate to devices’ schemes’ or artifices (1) employed exoectations e,ery quarter from occasions ffil#-", *inl uo*tut” on four separate ,";b0, ;; 20’03, high-level GE accounting executives or untru property b "rl".Uf"ttt, *t aJt irl "ttained money or”o*ittlonsY tmeln;-of aterial o state m o statements of material fu"i that was oot irnl"."ii"r"". p"t*on’"t approved accounting the improper cee-p’ In one instance’ conGE to avoid missing *"lytt:’final alowed in make the statements made’ facts necessary in order to made’ under which they were the light of the circumstances practices’ ;;;;J;";.’wrtn ;.;;fu engaged in transactions’ w9u1j operate as a business that operated or. of including purchasers "ou…, purchasers’ fraud or deceit upon certain of GE involved- fraud’ deceit’ of GE securities’ The "o"O*t of regulatory or deliberate or reckless disregard ttsulted in substantial o’ i"dir""tly requirements, and airectly sensusEPSexpectations.Thefouraccountingviolations 2003′ an improper application were (1) beginning in:anuary "", o, CBt commercial paper fundof the accounting t*a*at to disclosures and an estiing program to avoid *iu’o’utt" pretax charge to earningsl ili JJ ""pp.-*ately 5200 millionrnisapplication of financial (2) a 2003 failure to conect a in GE interest-rate swaps; (3) tii.i"rOt"g; or (3) -r*r*i". accormting standards to certain sales of locomotives that 2002 arf’2003, reported end-of-year milto utcelerate more than $370 had not yet occurrtA io ul’Jt’ atimprope^r change to GE’s lion in revenue; ano t+i i" 2002, aircraft engines’ spare accormting for sales of commercial million’ GE’s 2002 net earnings by 5585 losses to other Persons’ Failure R;;t KeeP Accurate Books and in Violation of Exchange Act to Section 13(bX2XA) ,* *rtil*.ased WithoutadmittingoJt’yingtheSEC’sallegations’GE to the entry ru. financial ptnuity use of of stock, directly or indirectly-bv GEfailedtomaintainandkeepbooks’records’andaccounts the ucc"tutlY.*d f1"-Yreflected that, in reasonable Aetait’ in violation of and dispositions

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