Write at least 800 words on:

Additional Information: The board of directors at AutoEdge is actively discussing several options to address flagging revenue. One option continues to surface during each board meeting; that is, relocating the manufacturing operation back to the United States. Longtime Chief Financial Officer, Ingrid Adams, leads the group that is in favor of this option.

Ingrid Adams approaches you in the company break room.

“Hello,” she says. “I’m glad I saw you.”

“Hi,” you say. “What can I do for you?”

“I have a question about economics,” she says. “I think you can help me explain something to some shareholders on the board.”

“Economics! My favorite subject,” you say. “What’s your question?”

“If AutoEdge decided to increase its prices and return to the United States,” she says, “how would this action affect consumer demand? I want to know your opinion about elasticity.”

“Sure,” you say. “So you want to know if the elasticity for auto parts is considered to be relatively inelastic, relatively elastic, unitary elastic, perfectly elastic, or perfectly inelastic. Right?”

“Exactly,” she says.

“I have an opinion,” you say. “Do you want to talk about it now, or do you want something in writing?”

“Something in writing would be best,” she says. “Would you explain your opinion so that I can respond to questions from other members of the board, too?”

“I’d be glad to,” you say. “I’ll put something together this afternoon and get it to you before I leave today. Is that soon enough?”

“Perfect,” she says. “Thanks for your help.”

Assume you are the partner in an accounting firm hired to perform the audit on a fortune 1000 company. Assume also that the initial public offering (IPO) of the company was approximately five (5) years ago and the company is concerned that, in less than five (5) years after the IPO, a restatement may be necessary. During your initial evaluation of the client, you discover the following information:

• The client is currently undergoing a three (3) year income tax examination by the Internal Revenue Service (IRS). A significant issue involved in the IRS audit encompasses inventory write-downs on the tax returns that are not included in the financial statements. Because of the concealment of the transaction, the IRS is labeling the treatment of the write-down as fraud.
• The company has a share-based compensation plan for top-level executives consisting of stock options. The value of the options exercised during the year was not expensed or disclosed in the financial statements.
• The company has several operating and capital leases in place, and the CFO is considering leasing a substantial portion of the assets for future use. The current leases in place are arranged using special purpose entities (SPEs) and operating leases.
• The company seeks to acquire a global partner, which will require IFRS reporting.
• The company received correspondence from the Securities and Exchange Commission (SEC) requesting additional supplemental information regarding the financial statements submitted with the IPO.

Write an eight to ten (8-10) page paper in which you:

1. Evaluate any damaging financial and ethical repercussions of failure to include the inventory write-downs in the financial statements. Prepare a recommendation to the CFO, evaluating the negative impact of a civil fraud penalty on the corporation as a result of the IRS audit. In the recommendation, include essential internal control procedures to prevent fraudulent financial reporting from occurring, as well as the major obligation of the CEO and CFO to ensure compliance.
2. Examine the negative results on stakeholders and the financial statements of an IRS audit which generates additional tax and penalties or subsequent audits. Assume that the subsequent audit and / or additional tax and penalties result from the taxpayer’s use of an inventory reserve account, applying a 10 percent reduction to inventory over three (3) years.
3. Discuss the applicable federal tax laws, regulations, rulings, and court cases related to the inventory write-downs, and explain the specific relevance of each to the write-down.
4. Research the current generally accepted accounting principles (GAAP) regarding stock option accounting. Evaluate the current treatment of the company’s share-based compensation plan based on GAAP reporting. Contrast the financial benefits and risks of the share-based compensation stock option plan with the financial benefits and risks of a share-based stock-appreciation rights plan (SARS). Recommend to the CFO which plan the company should use, and provide the correct accounting treatment for each.
5. Research the reporting requirements for lease reporting under GAAP and International Financial Reporting Standards (IFRS). Based on your research, create a proposal for future lease transactions to the CFO. Within the proposal, discuss the use of off-the-balance sheet financing arrangements, capital leases, and operating leases, and indicate the related business and financial risks of each.
6. Create an argument for or against a single set of international accounting standards related to lease accounting based on the global market and cross border leases of assets. Examine the benefits and risks of your chosen position.
7. Examine the major implications of SAS 99 based on the factors you discovered during the initial evaluation of the company. Provide support for your rationale.
8. Analyze the potential for a material misstatement in the financial statements based on the issues identified in your initial evaluation. Make a recommendation to the CFO for the issuance of restated financial statement restatement. Identify at least three (3) significant issues that can result from the failure to issue restated financial statements.
9. Examine the economic effect of restatement of the financial statements on investors, employees, customers, and creditors.
10. Use five (5) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify 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 the 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:

• Analyze accounting situations to apply the proper accounting rules and make recommendations to ensure compliance with generally accepted accounting principles.

• Analyze business situations to determine the appropriateness of decision making in terms of professional standards and ethics

• Analyze business situations and apply advanced federal taxation concepts.

• Use technology and information resources to research issues in accounting.

• Write clearly and concisely about accounting using proper writing mechanics.

When you do this assignment, you have to watch these video. Video link I had uploaded. At least, you

The main thing I will look for is how well you apply and discuss the relevant concepts described in the Module 1 chapter material. You do not have to include everything from the chapters (i.e., throwing in the kitchen sink will not work). Instead, I will be looking for evidence that you are able to apply material you feel is most relevant to the situation and to your intended actions/ decisions. As such, your responses to each question must be focused, logical, and goal-directed. Please see the assignment example provided within Module 1 to help you better understand these requirements.

Envision yourself as a manager of a (hypothetical) mid-sized company (you pick the type of industry that you are interested in) who has been tasked with starting a new autonomous work unit. The primary responsibility of the work unit will be to support all of the major functional divisions by collecting and analyzing internal company data depending on what the division asks for. While under the umbrella of the parent organization, because of the unique nature and purpose of the new unit you have been given a great deal of autonomy in how the unit is to be structured and managed.

In accordance with the your specific supervisory tasks, using what you have read in the Module 1 chapter material please answer the following associated questions:

First, provide a brief paragraph that describes the nature of an organization (i.e., what does the organization do and what type of culture do you think it would have…. you can model it from a real company or you can be creative and come up with your own example). Then, within the context of the organizational culture you described, please complete the following tasks:

Task 1:

– Describe in detail what you feel should be the key intra-personal characteristics of an effective work unit, if the unit’s primary performance goals are speed, accuracy, and innovation? Explain in detail why you feel these characteristics would enable the unit to more effective in meet its goals.

Task 2: Select the persons with the best person-job and person-organization fit.

– Describe in detail what specific personality traits, attitudes, and values you feel would enable a member of this work unit to be successful as an analyst AND as a motivated and committed member of the unit and larger organization.

Task 3: Maintain employee morale and retention

– Describe in detail what influences the work and work environment might have on individual employees attitude, emption, and work ethic working within this particular unit, and what steps would you take to build and support a strong unit culture? Also what factors might contribute to employee turnover within the unit, and what steps could you take to minimize these effects?

Task 4: Maintain a positive, productive, and healthy work environment

– Describe in detail what you feel would be the more appropriate approach towards motivating your employees, minimizing work-related stress, and what actions should you take to maintain an effective and safe work environment?

**** There are no specific answers for this assignment. I want you to be as creative as you would like. The main thing I will look for is how well you apply and discuss the relevant concepts described in the Module 1 chapter material. You do not have to include everything from the chapters (i.e., throwing in the kitchen sink will not work). Instead, I will be looking for evidence that you are able to apply material you feel is most relevant to the situation and to your intended actions/ decisions. As such, your responses to each question must be focused, logical, and goal-directed. Please see the assignment example provided within Module 1 to help you better understand these requirements.

An important part of research is separating the good from the bad. Research shows that even the best and brightest students may hold some beliefs in pseudoscience. It also shows that if discussions about pseudoscience are not handled correctly, there can be a backfire effect where the example of pseudoscience is remembered but not that the claim is actually false (Impey, Buxner, & Antonellis, 2012; Lewandowsky et al., 2012). Describe pseudoscience and give a detailed example (PLEASE DO NOT USE ASTROLOGY AS AN EXAMPLE). Explain how you would teach about your example so that it is clear that it is pseudoscience.

https://leocontent.umgc.edu/content/dam/course-content/equella/tus/psyc/psyc320/document/Research_Methods_in_PsychologyCh1.pdf

please do not copy from the internet and kindly type the answer please thank you

1.Verify the identity. Show your work.

cot θ ∙ sec θ = csc θ

2.A gas company has the following rate schedule for natural gas usage in single-family residences:

Monthly service charge $8.80

Per therm service charge

1st 25 therms $0.6686/therm

Over 25 therms $0.85870/therm

What is the charge for using 25 therms in one month? Show your work.

What is the charge for using 45 therms in one month? Show your work.

Construct a function that gives the monthly charge C for x therms of gas.

3.Complete the following:

(a)
Use the Leading Coefficient Test to determine the graph’s end behavior.

(b)
Find the x-intercepts. State whether the graph crosses the x-axis or touches
the x-axis and turns around at each intercept. Show your work.

(c)
Find the y-intercept. Show your work.

f(x) = x²(x + 2)

(a).

(b).

(c).

4.Verify the identity. Show your work.

(1 + tan²u)(1 – sin²u)
= 1

5.Verify the identity. Show your work.

cot²x + csc²x = 2csc²x – 1

6.Verify the identity. Show your work.

1 + sec²xsin²x =
sec²x

7.Verify the identity. Show your work.

cos(α – β) – cos(α + β) = 2 sin α sin
β

8.Find the vertical asymptotes, if any, of the graph of the rational function. Show your work.

f(x) = x-4/x(x-4)

9.The formula A = 118e^0.024t
models the population of a particular city, in thousands, t years after 1998.
When will the population of the city reach 140 thousand? Show your work.

10.Find the specified vector or scalar.
Show your work.

u = -4i + 1j and v = 4i + 1j; Find .||u+v||.

11.Find the exact value of the trigonometric function. Do not use a calculator.
cot(-5π/4)

12.Find the x-intercepts (if any) for the
graph of the quadratic function.
6x² + 12x + 5 = 0
Give your answers in exact form. Show your work.

13.Use the compound interest formulas A =
Pe^rt and A = P(1+r/n)^nt to solve.

Suppose that you have $11,000 to invest. Which investment yields the greater return
over 10 years: 6.25% compounded continuously or 6.3% compounded semiannually?
Show your work.

14.Find functions f and g so that h(x) =
(f ∘ g)(x).

h(x) = (6x – 14)⁸

15.Begin by graphing the standard
absolute value function f(x) = | x |. Then use transformations of this graph to
describe the graph the given function.

h(x) = 2 | x | + 2

16.Find the reference angle for the given
angle. Show your work.

-404°

---