Evaluate what a cumulative loss in the retained earnings


WEEK 6 ACC 557

Use the Internet or the Strayer Library to research current articles related to personal information privacy violations including customer database hacking and related privacy breaches. Next, evaluate the circumstances that contributed to the privacy violation, the consequence to the company to the breach, and management's response to the breach, indicating the appropriateness of the response. Suggest how the company may have presented the breach and / or responded differently once the breach was discovered. Provide support for your rationale.

•Assess the ethical considerations for information privacy, indicating how these considerations should be addressed with a corporate policy. Provide support for your rationale.

The items contained in the Retained Earnings section of a balance sheet are often complex and confusing. Suggest an improvement for the reporting on this information that will help the users of the statement to have a better understanding of the activity. Provide support for your suggestion.

•Evaluate what a cumulative loss in the retained earnings section of a company's balance sheet might indicate about the financial performance in the future, indicating how this may influence decisions made about the company. Provide support for your answer.

WEEK 7

The items contained in the Retained Earnings section of a balance sheet are often complex and confusing. Suggest an improvement for the reporting on this information that will help the users of the statement to have a better understanding of the activity. Provide support for your suggestion.

•Evaluate what a cumulative loss in the retained earnings section of a company's balance sheet might indicate about the financial performance in the future, indicating how this may influence decisions made about the company. Provide support for your answer.

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Accounting Basics: Evaluate what a cumulative loss in the retained earnings
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