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Question: Choose one online article published recently in a newspaper, website, or business magazine (not an academic journal article) that has reported a violation of financial reporting by a reporting entity. Articles (online) to be published from 2005 - current in any country, and use it to answer the questions below: Required: a) Summarise the issues reported in your chosen article by identifying: i) Who were the parties involved? (2 marks) ii) What financial reporting practice(s) were violated? (3 marks) iii) What were the outcomes of the investigation? (2 marks

Question: Choose one online article published recently in a newspaper, website, or business magazine (not an academic journal article) that has reported a violation of financial reporting by a reporting entity. Articles (online) to be published from 2005 - current in any country, and use it to answer the questions below: Required: a) Summarise the issues reported in your chosen article by identifying: i) Who were the parties involved? (2 marks) ii) What financial reporting practice(s) were violated? (3 marks) iii) What were the outcomes of the investigation? (2 marks

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question: Choose one online article published recently in a newspaper, website, or business magazine (not an academic journal article) that has reported a violation of financial reporting by a reporting entity. Articles (online) to be published from 2005 - current in any country, and use it to answer the questions below: Required: a) Summarise the issues reported in your chosen article by identifying: i) Who were the parties involved? (2 marks) ii) What financial reporting practice(s) were violated? (3 marks) iii) What were the outcomes of the investigation? (2 marks
Transcribed Image Text:Question: Choose one online article published recently in a newspaper, website, or business magazine (not an academic journal article) that has reported a violation of financial reporting by a reporting entity. Articles (online) to be published from 2005 - current in any country, and use it to answer the questions below: Required: a) Summarise the issues reported in your chosen article by identifying: i) Who were the parties involved? (2 marks) ii) What financial reporting practice(s) were violated? (3 marks) iii) What were the outcomes of the investigation? (2 marks
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