Assignment:
As a Staff assigned to the audit of a publicly traded company, your senior has asked you to evaluate both share-based payment reporting and special purpose entities (SPE) reporting for the company.
Research share-based payment reporting and SPE reporting individually.
Write a 700 to 1,050 word executive memo as a team that includes a description of what you will look for to see if the client is consistent with the generally accepted accounting principles (GAAP). Pay particular attention to accounting treatment of share-based payment and accounting consolidation theory as it relates to special purpose entities. Keep the memo as brief as possible while fully exploring the issues.
Format your paper consistent with APA guidelines, including appropriate citations and references.