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Please answer to all this discussion below regarding and. Make short jf necessary please please answer them in orders.
Acc 308 Discussions
I- COSO's Internal Control Framework
· There are five components of COSO's internal control framework. They are often refe
ed to by the acronym C.R.I.M.E.
· Control environment.
· Risk assessment.
· Information and communication.
· Monitoring activities.
· Existing control activities.
· Find a news story or case where a company was impacted by a fraudulent event or an ethics violation. Explain where the internal controls of this company failed using the COSO C.R.I.M.E. framework.
Acc 401
XXXXXXXXXXVariable Interest Entities
II- Please respond to the following:
· Provide at least two reasons and support your rationale for the U.S. GAAP treatment of reporting additional investments in subsidiaries when the parent establishes control compared to the IFRS treatment, such as evaluating the usefulness to investors of the post-control step acquisitions.
XXXXXXXXXXACC 306
XXXXXXXXXXDepreciation Calculations
III- One of the main features of Excel is its ability to perform calculations without needing a calculator. In this week's activities, you learned how to prepare a depreciation schedule and compute depreciation using Excel formulas.
· How does Excel make it easier for an accountant to prepare a depreciation schedule and compute depreciation?
· How can you use the program to perform calculations in your personal financial life, based on what you learned this week about Excel? How will doing so help you become more organized in your own personal financial life?

ACC308001VA XXXXXXXXXXWeek 4
Week 4 Assignment - Case Study: COSO Components Prin-
ciples
110 Points Possible
In Progress
NEXT UP: Submit Assignment
3 A!empts Allowed
Available a!er Apr 8, XXXXXXXXXX:00am
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Due: Mon Apr 29, 2024 9:00am
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Details
COSO principles are important factors in assuring a company has a reasonable structure in decision-making areas. In addi#on, COSO provides a
framework upon which companies can work. It does not provide a func#oning process—processes are established based on the company's
needs, culture, and environment.
Aytaç and Çabuk XXXXXXXXXXdiscuss 17 COSO components in the Assessment of the Effec#veness of Internal Control System and a Case Study. Fo
a company of your choice, choose four components and establish processes to apply them.
The submission should be 1-2 pages long.
Use two sources to support your wri#ng. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source
slide at least one #me within your assignment. For help with research, wri#ng, and cita#on, access the li
ary or review li
ary guides.
This course requires the use of Strayer Wri#ng Standards (SWS). The li
ary is your home for SWS assistance, including cita#ons and forma%ng.
Please refer to the Li
ary site for all support. Check with your professor for any addi#onal instruc#ons.
View Ru
ic
Week 4 Assignment - Case Study: COSO Components Principles
Criteria Ra"ngs Pts
Component 1: Discuss the
component and established
processes to apply this
component to a company of
your choice.
view longer descrip#on
22 pts
Component 2: Discuss the
component and established
processes to apply this
component to a company of
your choice.
view longer descrip#on
22 pts
Component 3: Discuss the
component and established
processes to apply this
component to a company of
your choice.
view longer descrip#on
22 pts
Component 4: Discuss the
component and established
processes to apply this
component to a company of
your choice.
view longer descrip#on
22 pts
Use two credible, relevant,
and appropriate sources to
support your wri#ng and cite
each source listed on you
source slide at least one #me
within your assignment.
view longer descrip#on
11 pts
Clarity, wri#ng mechanics,
and SWS forma%ng
equirements.
view longer descrip#on
11 pts
Total Points: 0
22 to >19.8 pts
Exemplary
Thoroughly
discussed the
component and
established
processes to
apply this
component to a
company of
your choice.
19.8 to >17.6
pts
Competent
Sa#sfactorily
discussed the
component and
established
processes to
apply this
component to a
company of
your choice.
17.6 to >15.4
pts
Sa"sfactory
Par#ally
discussed the
component and
established
processes to
apply this
component to a
company of
your choice.
15.4 to >13.2
pts
Needs
Improvement
Insufficiently
discussed the
component and
established
processes to
apply this
component to a
company of
your choice.
13.2 to >0 pts
Unacceptable
Did not submit
or incompletely
discussed the
component and
established
processes to
apply this
component to a
company of
your choice.
22 to >19.8 pts
Exemplary
Thoroughly
discussed the
component and
established
processes to
apply this
component to a
company of
your choice.
19.8 to >17.6
pts
Competent
Sa#sfactorily
discussed the
component and
established
processes to
apply this
component to a
company of
your choice.
17.6 to >15.4
pts
Sa"sfactory
Par#ally
discussed the
component and
established
processes to
apply this
component to a
company of
your choice.
15.4 to >13.2
pts
Needs
Improvement
Insufficiently
discussed the
component and
established
processes to
apply this
component to a
company of
your choice.
13.2 to >0 pts
Unacceptable
Did not submit
or incompletely
discussed the
component and
established
processes to
apply this
component to a
company of
your choice.
22 to >19.8 pts
Exemplary
Thoroughly
discussed the
component and
established
processes to
apply this
component to a
company of
your choice.
19.8 to >17.6
pts
Competent
Sa#sfactorily
discussed the
component and
established
processes to
apply this
component to a
company of
your choice.
17.6 to >15.4
pts
Sa"sfactory
Par#ally
discussed the
component and
established
processes to
apply this
component to a
company of
your choice.
15.4 to >13.2
pts
Needs
Improvement
Insufficiently
discussed the
component and
established
processes to
apply this
component to a
company of
your choice.
13.2 to >0 pts
Unacceptable
Did not submit
or incompletely
discussed the
component and
established
processes to
apply this
component to a
company of
your choice.
22 to >19.8 pts
Exemplary
Thoroughly
discussed the
component and
established
processes to
apply this
component to a
company of
your choice.
19.8 to >17.6
pts
Competent
Sa#sfactorily
discussed the
component and
established
processes to
apply this
component to a
company of
your choice.
17.6 to >15.4
pts
Sa"sfactory
Par#ally
discussed the
component and
established
processes to
apply this
component to a
company of
your choice.
15.4 to >13.2
pts
Needs
Improvement
Insufficiently
discussed the
component and
established
processes to
apply this
component to a
company of
your choice.
13.2 to >0 pts
Unacceptable
Did not submit
or incompletely
discussed the
component and
established
processes to
apply this
component to a
company of
your choice.
11 to >9.9 pts
Exemplary
Exceeds the
equired
number of
eferences; all
eferences are
high quality
choices.
9.9 to >8.8 pts
Competent
Meets the
equired
number of
eferences; all
eferences are
high quality
choices.
8.8 to >7.7 pts
Sa"sfactory
Does not meet
the required
number of
eferences;
some
eferences are
poor quality
choices.
7.7 to >6.6 pts
Needs
Improvement
Does not meet
the required
number of
eferences; all
eferences are
poor quality
choices.
6.6 to >0 pts
Unacceptable
No references
provided.
11 to >9.9 pts
Exemplary
0–2 e
ors
present.
9.9 to >8.8 pts
Competent
3–4 e
ors
present.
8.8 to >7.7 pts
Sa"sfactory
5–6 e
ors
present.
7.7 to >6.6 pts
Needs
Improvement
7–8 e
ors
present.
6.6 to >0 pts
Unacceptable
More than
eight e
ors
present.
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Answered 2 days After Apr 09, 2024

Solution

Khushboo answered on Apr 11 2024
6 Votes
The three steps process can be followed to analyse components and established process of COSO to check the reasonableness of structure in decision making areas. Under step-1 the selection of company is required, and we have selected Apple Inc as a company which develop, design and sells computer software, consumer electronics and online services.
Under step 2 we have select to most effective 4 COSO components to check reasonableness of structure as there are 17 components in COSO framework. The detailed analysis of four components of COSO framework are as follows:
· Control environment: Under this component, the internal controls and its effectiveness are covered, and management sets various foundations for strong internal controls such as management operating style, ethical values and HR policies.
· Risk assessment: Under this component, the risk assessment and analysis are analysed, and the probable impact of risks are also assessed on the organizational performance and operations.
· Information and communication: Under this component, the...
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