ACCT 540 Week 7 Homework Assignment; Accounting & Auditing Enforcement Releases
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Week 7 Assignment Your Name. ACCT540 Professional Research in Accountants Jim Racic 2/14/2016
Within the assigned release, the release gives more clarification on the unethical practices that the company was caught up in. More or less, the company, NutraCea, was caught up in an accounting scheme and the SEC pulled the trigger and pressed charges on January 13th, 2011. The company, known for marketing and producing healthy food products based in the Phoenix, Arizona area, received the charges from the SEC alleging that several employees were performing unethical acts as a result of fraudulent accounting activities. The individuals involved in the unethical acts were the former CEO Bradley Edison, CFO Todd Crow, Controller Joanne Kline, Sr. VP & Secretary Margie Adleman, and...