Many organizations have been in the news over the past few years due to accounting ethical breaches that have affected their customers, employees, or the general public. Search the Internet or the Strayer

Assignment 1: Review of Accounting Ethics
Due Week 3 and worth 200 points
Many organizations have been in the news over the past few years due to accounting ethical breaches
that have affected their customers, employees, or the general public. Search the Internet or the Strayer
Library to locate a story in the news that depicts an accounting ethical breach. You may select from any
type of organization about which you have information or a curiosity.

Write a four to five (4-5) page paper in which you:
1. Given the corporate ethical breaches in recent times, assess whether or not you believe that the
current business and regulatory environment is more conducive to ethical behavior. Provide
support for your answer.
2. Based on your research, describe the organization, the accounting ethical breach and the impact
to the organization related to ethical breach.
3. Determine how the organizational ethical issue was detected and how management failed to
create an ethical environment.
4. Analyze the accounts impacted and / or accounting guidelines violated and the resulting impact to
the business operation.
5. As a CFO, recommend which measures could have been taken to prevent this ethical breach and
how each measure should be implemented in the future.

6. Use at least four (4) quality academic resources in this assignment. Note: Wikipedia and other
Websites do not quality as academic resources.
Your assignment must follow these formatting requirements:
• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all
sides; citations and references must follow APA or school-specific format. Check with your
professor for any additional instructions.
• Include a cover page containing the title of the assignment, the student’s name, the professor’s
name, the course title, and th

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e date. The cover page and the reference page are not included in
the required assignment page length.
The specific course learning outcomes associated with this assignment are:
• Examine accounting principles and concepts used in businesses.
• Prepare and record financial transactions in the accounting cycle according to GAAP and IFRS
accounting methodology.
• Use technology and information resources to research issues in financial accounting.
• Write clearly and concisely about financial accounting using proper writing mechanics.