Based on the requirements of the Sarbanes-Oxley Act and SEC reporting requirements for publically traded companies,
Write a four to five (4-5) page paper in which you:
Assess the roles of the Board of Directors and Chief Executive Officer of a public company for establishing an ethical environment that generates quality accounting and reliable financial reporting for use by shareholders and investors. Provide support for your assessment.
Recommend a strategy for a CEO to implement, leading to an ethical environment that leads to high-quality accounting, reporting, and forecasting. Provide support for your recommendation.
Suggest how corporate management can provide assurances to investors that the performance forecast and expected earnings will be realized, minimizing the volatility of the stock price. Provide support for your suggestions.
Evaluate the consequences to a publically traded company when there is a lack of quality within financial accounting and reporting, indicating how these consequences may be minimized. Provide support for your answer.
Assess the requirements of the Sarbanes-Oxley Act related to accounting quality, indicating whether or not you believe the requirements are sufficient to protect stockholders and potential investors. Provide support for your position.
he materialism of the youth has been seeded since the young age. Children are expecting an expensive birthday gift and Christmas present. Exposed to the modern TV commercials, the youth have been taught that money is the power and without money, there will be no happiness. encourages youth to steal and commits violence. Possessing valuable items has been perceived as being more famous and reputable. That’s how most of the youth nowadays make friends. They often think that making friends with the wealthy ones alleviates their reputation and fame in their social circle. This led to youth starts to categorize their friend and putting people in the box in their social circle. By this, the demand for luxury and valuable items increased rapidly. This initiates the youth to use violence in their desire of owning luxury items. Those violence includes robbing, stealing, and even killing. Due to the obsession towards luxury items, teenagers are often being killed over a pair of sneakers and sometimes got seriously injured. The rise of materialism in the youth has a serious impact on the society. The market in the streetwear fashion industry are increasing exponentially and has become wider than ever. Several job opportunities have been provided to the industry. However, the tradeoffs of this are people are becoming obsessed with an item and start to neglect the appreciation of people around them. Everyone is investing in greater happiness by spending money on objects that make them feel better emotionally. The future of materialistic youth is beyond the imagination right now as it keeps evolving from generation to generation. Chapter 1 The Streetwear Fashion Like the culture itself, the definition of streetwear has been circulating and changing forever in the streetwear culture. Aaron Levant, the founder of the streetwear show called Agenda, said that you know a streetwear when you see it by yourself. Streetwear is all about the free spirits and their aspiration in the street culture. The design aesthetics are a mixture of New York skate culture, fashion, music and art. To put it in a simple word, streetwear is a reflection of what is the identity of the>GET ANSWER