Assignment
Write a three to four page paper in which you:
1. Assess the factors that contributed to the financial statement restatement, signifying the executive management team's attitude toward the restatement. Suggest how the restatement may have been avoided during the initial reporting process.
2. Explain the impact to the company's stock price when the restatement was released and to future earnings forecast, indicating whether or not you believe the impact to the stock price was justified.
3. Evaluate the restatement in terms of management's ethical violations according to the requirements of the Sarbanes-Oxley Act, providing recommendations to management on how to avoid these problems in the future. Provide support for your recommendations.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.