problem 1:

What do you understand by the term big bath and when would management be disposed to use it?

problem 2:

Recognize and briefly describe five (5) different types of red flags which specify the potential for financial statements fraud.

problem 3:

Why do you think that the accounting profession has basically not released any accounting standards pertaining to disclosure on environmental information?

problem 4:

Of what relevance to accounting profession is sustainable development?