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This assingment contains 7 different question. Please provide at least 3 paragraph answers to each question. Quote at least one citation and one referenece for EACH Questions. Mark the question follow

This assingment contains 7 different question. Please provide at least 3 paragraph answers to each question. Quote at least one citation and one referenece for EACH Questions. Mark the question followed by answer. 

Question 1 : 

Select a recent FASB or IASB accounting exposure draft or a new, revised, or converged standard that has been created within the last three years. Complete the following:

  • Describe the process followed in setting the standard.
  • Prepare an annotation of the exposure draft. (An annotation is a summary of the main points of the proposed new or revised standard, organized to include correctly formatted APA references.)
  • Include answers to the following questions:
    • Problem: What was the issue identified by the author(s) in the previous standard?
    • Methodology: Which research method was employed in the process?
    • Results: What was the result or conclusion noted at the end of the convergence, revision, or adoption of the standard?
    • Application: How might practitioners or students apply this information in resolving accounting issues?
Question 2 : 

Corporate Social Responsibility (CSR) and Sustainability Investments (SI) have been driving corporate governance structures and business operations for the last several decades. Investors and stakeholders have been reacting to these efforts. Many sophisticated and institutional investors have been making decisions based on CSR and SI business reports. Read a report on the investment policies of an institutional investor. You may retrieve a copy of the report from the company website or from the Dow Jones Sustainability Index (DJSI). If you prefer, you may search for your own resource. If you choose an alternative resource, be sure to document that fully at the end of your post.

For this discussion:

  • Identify an institutional investor such as a state pension fund, a hedge fund, a mutual fund, a major investor such as Warren Buffet, or a public company with a significant ctitioners or students apply this information in resolving accounting issues in practice?impact on the market.
  • Describe the consideration and methodology followed in choosing investments or in making investment decisions, and, if available, the companies the institutional investor invests in and why the investor chose those companies.
Question 3:

Accountants perform various functions in public and corporate accounting. As you contemplate and plan for your career in accounting, choose two fields of accounting specialization:

  • Compare these two specialized fields, discussing the pros and cons of each field. Explain why one would be your preference and what skills and abilities will allow you to be successful in this field.
  • Do the same for a second specialized field in accounting.
Question 4 : 

Select a publicly traded company and a publicly traded, large partnership. Analyze how they are treated for tax purposes. Describe the differences in taxation of their income, formation, dissolution, and liquidation, as well as the responsibilities borne towards creditors and taxing authorities by partners, shareholders, partnerships, and corporations.

As a CPA in public practice, which type of business organization would you advise a client to adopt among sole proprietorships, various forms of partnerships, and various forms of corporations?Question 5 :

Each business has value to its stakeholders. This value, however, is not determined uniformly among its stakeholders. Research a business that was recently acquired or merged with another through the purchase of its stock or the buyout of its shareholders. Address the following:

  • Determine the value proposition that it represented for its shareholders before its acquisition. You may determine its value before acquisition and its latest 10K through yahoofinance.com.
  • Determine the buyout value upon acquisition. According to Brooks (2017), each firm must have a value proposition that is TRUE (Testable, Real, Unique, Essential).
  • Determine whether these attributes were met in the acquired company and whether the attributes were used to determine its relative value to the acquiring company.
Question 6 : 

Select a company that has experienced a publicized accounting ethics breach in the last three years. Document your findings with an APA reference to an article from a website or other business periodical. Address the following:

  • Review and summarize the ethical or financial scandal and compare it to the audit report of the independent auditor.
  • Were there any criminal or regulatory investigations after the scandal?
  • Follow the movement of the stock price since the incident was publicized to the current date in yahoofinance.com.
  • Document any observations regarding investor market reaction. Did the stock price drop or increase, and has it recovered since the incident was publicized?
Question 7 :Many businesses have migrated their accounting processing and storage from in-house servers to I-cloud applications and storage. At the same time, increasing cyber threats, attacks, and intrusions have created the need for businesses to securely protect their data. Identify an organization that was subject to a data breach, hacking, or compromise. Describe the type of damage caused, how the issue was resolved, and what measures could prevent similar attacks in organizations.**********************
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