ACC 557 Week 3 Learning Team Assignment Ethical Challenges and Agency Issues.pdf
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<strong>ACC</strong> <strong>557</strong> <strong>Week</strong> 3 <strong>Learning</strong> <strong>Team</strong> <strong>Assignment</strong> <strong>Ethical</strong> <strong>Challenges</strong> <strong>and</strong> <strong>Agency</strong><br />
<strong>Issues</strong><br />
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<strong>Learning</strong> <strong>Team</strong> <strong>Assignment</strong>: <strong>Ethical</strong> <strong>Challenges</strong> <strong>and</strong> <strong>Agency</strong> <strong>Issues</strong><br />
Adverse financial situations occurring throughout the 20th century led to<br />
government legislative interventions regarding corporate financial accounting<br />
on several occasions.<br />
Resource: Cost Management<br />
Read the following case studies from the text:<br />
“Timely Reporting of Budget Problems Case Study” on pp. 388 & 389 (Ch. 10).<br />
“Level of Executive Pay Case Study” on pp. 605-607 (Ch. 15).<br />
Write a 700- to 1,400-word paper, analyzing the ethical challenges as well as<br />
any agency issues. In the same paper, explain how the 1933, 1934, <strong>and</strong> SOX<br />
Acts were reactions to financial crises arising from similar challenges.
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