see attached
Use this reference for first 2 questions. Williams, J., Bettner, M., & Smith, K. (2023). Financial & Managerial Accounting (eBook with Connect access). New York, NY: McGraw-Hill Education.
Homework 1, 1 page with 2 references:
Review the provisions of the Sarbanes-Oxley Act of 2002 to address the accounting scandals in the late 1990s and early 2000s (Enron, WorldCom, etc.). Identify the provisions that you believe made the most significant impact. What other provisions could have been included in the Act to strengthen the responsible stewardship and integrity of the accounting profession? Conversely, what existing provisions in the Act do you believe (if any) are unnecessary or over-regulate the profession?
Homework 2, 1 page with 2 references:
Summarize the events of a recent accounting scandal. Identify how the illegal or unethical act was detected and describe the punishments that resulted (fines, prison terms, etc.). Consider what could have been done to detect this act earlier or to prevent it from happening in the first place. Select a different example than those listed in previous posts.
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Use this reference for below questions. Brickley, J.A., Smith, C.W., & Zimmerman, J.L. (2021). Managerial economics and organizational architecture (7th ed.). New York: McGraw Hill/Irwin.
Homework 3, 1 page with 2 references
What factors must a firm consider when deciding to raise or lower its price? In answering this question think about the content in Chapters 3 and 4 and use a real-world example that helps illustrate your answer.
Homework 4, 3 pages with atleast 2 references
ANALYZING MANAGERIAL DECISIONS: Interwest Healthcare Corp.
Interwest Healthcare is a nonprofit organization that owns 10 hospitals located in three western states. Cynthia Manzoni is Interwest’s CEO. Vijay Singh, Interwest’s CFO, and the administrators of the 10 hospitals report to Manzoni.
Singh is deeply concerned because the hospital staffs are not being careful when entering data into the firm’s management information system. This data involves information on patient intake, treatment, and release. The information system is used to compile management reports such as those relating to the costs of various treatments. Also, the system is used to compile reports that are required by the federal government under various grant programs. Singh reasons that without good information, the management and government reports are less useful and potentially misleading. Moreover, the federal government periodically audits the information in the reports submitted by Interwest and might discontinue aid if the reports were deemed inaccurate. Thus, Singh is worried about the managerial implications and the potential loss of federal funds.
Singh has convinced Manzoni that a problem exists. She also realizes the importance of an accurate system for both management planning and maintaining federal aid. Six months ago, she invited the hospital administrators and staff members from the corporate financial office to a retreat at a resort. The purpose was to communicate to the hospital administrators the problems with the data entry and to stress the importance of doing a better job. The meeting was acrimonious. The hospital people accused Singh of being a bureaucrat who did not care about patient services. Singh accused the hospital staffs of not understanding the importance of accurate reporting. By the end of the meeting, Manzoni thought that she had a commitment by the hospital administrators to increase the accuracy of data entry at their hospitals. However, six months later, Singh claims that the problem is as bad as ever.
Manzoni has hired you as a consultant to analyze the problem and to make recommendations that might improve the situation.
What are the potential sources of the problem?
What information would you want to analyze?
What actions might you recommend to increase the accuracy of the data entry?
How does your view of behavior affect how you might address this consulting assignment?
