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Write a 1,500-word paper explaining the legal aspects, financial standards involved, and ethicality of the Excello Telecommunications case. Your...
Write a 1,500-word paper explaining the legal aspects, financial standards involved, and ethicality of the Excello Telecommunications case. Your paper should include the following: • Identify the legal issues involved—consider state and federal laws—and explain how they apply to the case. • Determine the criteria by which Sarbanes-Oxley would apply to this case. • Identify the specific financial reporting standards involved and explain how those standards were violated. • Evaluate the financial reporting activity in terms of the AICPA Code of Professional Conduct. • Determine the ethicality of the events within the case. • Select the best alternative offered by the team. Defend your decision in terms of its legality, ethicality, and alignment with accounting standards. Format your paper consistent with APA guidelines.