ACC573 Financial Risk & Financial Statement Restatement and Ethics Assignment

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Discussion topic: “Financial Risk”

Evaluate the financial “red flags” that should have served as early indicators that the company was having financial difficulty. (see attachment).

Financial Statement Restatement and Ethics

Assess the factors that contributed to the financial statement restatement, indicating the Executive Management Team attitude toward the restatement. Suggest how the restatement may have been avoided during the initial reporting process. (see attachment)

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