Legal aspects and financial standards


Write down a 1,200 to 1,500 word paper describing the legal aspects, financial standards comprised, and ethicality of the Excello Telecommunications case. Your paper must comprise the given:

Recognize the legal issues included-consider state and federal laws-and describe how they apply to the case.

Find out the criteria by which Sarbanes-Oxley would apply to this case.

Recognize the specific financial reporting standards included and describe how those standards were violated.

Assess the financial reporting activity in terms of the AICPA Code of Professional Conduct.

Find out the ethicality of the events in the case.

Choose the best alternative offered by the team. Defend your decision in terms of its legality, ethicality, and alignment with the accounting standards.

Format your paper consistent with the APA rule. 

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Accounting Basics: Legal aspects and financial standards
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