Instructor%20Notes%20-%20Chapter%2010

Instructor%20Notes%20-%20Chapter%2010 - Management 200T...

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Management 200T Corporate Governance, Explanatory Notes, and Other Disclosures Chapter 10 Corporate Governance Issues of business ethics Social responsibility Equitable treatment of stakeholders Full and fair disclosure (transparency) Responsibilities of the Board of Directors (and its various committees) Financial Reporting Misstatements Seven Financial Shenanigans Recording revenue too soon or that is of questionable quality Recording bogus revenue Boosting income with one-time gains Shifting current expenses to a later or earlier period Failing to record or improperly reducing liabilities Shifting current revenue to a later period Shifting future expenses to the current period as a special charge Explanatory Notes Generally are presented in the same sequence as the financial statements and I the same sequence that items appear within the individual statements
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Management 200T Corporate Governance, Explanatory Notes, and
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This note was uploaded on 04/18/2008 for the course MGMT 200T taught by Professor Purdum during the Fall '08 term at Purdue University.

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Instructor%20Notes%20-%20Chapter%2010 - Management 200T...

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