Evaluate any damaging financial and ethical repercussions of failure to include the inventory write-downs in the financial statements
Write an 8–10 page paper in which you:
Evaluate any damaging financial and ethical repercussions of failure to include the inventory write-downs in the financial statements. Prepare a recommendation to the CFO, evaluating the impact of a civil fraud penalty on the corporation as a result of the IRS audit. Include essential internal control procedures to prevent fraudulent financial reporting from occurring, as well as the major obligation of the CEO and CFO to ensure compliance.
Answer preview to evaluate any damaging financial and ethical repercussions of failure to include the inventory write-downs in the financial statements
APA
3069 words