Internal Control and Oversight

• From the e-Activity, research management’s responsibility for internal controls,
  and determine whether the Securities and Exchange Commission (SEC) should have
  levied more severe sanctions on Microsoft’s management team for the accounting
  errors discovered. Speculate on the main reasons why Microsoft’s managers did
  not deny or affirm guilt for their accounting errors. Support your
  position.

http://www.aicpa.org/_catalogs/masterpage/Search.aspx?S=internal+control+over+fianncial+reporting

• Discuss the importance of senior management in setting the tone at the top
  for honesty and integrity within a company. Identify at least two consequences
  of management not establishing a code of ethics, and describe the impact on the
  internal control environment. Provide examples.

These are discussion question that can be a paragraph long and isn’t due until next week that’s why the payment is so low.