Can anyone please answer the 4 questions on page 509 in detail with an explanation?

Questions I. Was TierOne's accounting for the loan loss reserve indicative of "managed earnings"? How would you make that determination? 2. What is the purpose of the auditor's assessment of ICFR? Describe the deficiencies in KPMG's audit work in that regard? 3. Would you conclude from the facts of this case that Tier One's fraud caused KPMG's auditing standards viola- tions? Explain. 4. Which rules of conduct in the AICPA Code were violated by KPMG auditors? Be specific. Case 7-7 Non-GAAP Metric Disclosure by General Electric:Value Added, Red Herring, or Red Flag? According to an October 16, 2017, article by Richard Clough of Bloomberg News,' General Electric reported earn- ings per share of $.28, $.13, $.19 and $.15 for the quarter ending September 30, 2017, on an earnings call. Yes, you read that correctly, GE reported four different earnings per share figures for the same quarter. The numbers repre- sent profit that includes or excludes certain items, such as pension costs and discontinued operations. For example, GE referred to one of these measures as 'industrial operating plus verticals earnings per share' rather than simply 'adjusted,' 'core,' or 'non-GAAP earnings per share' as is common place at most companies. GE is not alone in the use of both GAAP and non-GAAP metrics they include in their financial reporting. However, according to Bloomberg, GE is only one of 21 S&P 500 companies to use more than one earnings per share figure. Fast forward to the fourth quarter of 2017 and the fiscal year 2017, and we see a different picture in the MD&A These results are presented in Exhibit 1 below. Notice there are five measures of GAAP and five non-GAAP met- rics. The numbers have declined from the third quarter in large part due to insurance adjustments. Beyond that, the descriptions do not seem to match up. To say this is confusing would be an understatement. Back in July 2017, the SEC sent a comment letter to GE in regard to their improper use of non-GAAP metrics and inconsistencies in their description and application of them. Per Tomi Kilgore's October 27, 2017 Market Watch arti- cle the SEC letter identified "16 items in its 10-K filing were listed as being potentially misleading to investors, with half the items mentioning the reporting of numbers that were inconsistent with Generally Accepted Accounting Principles (GAAP)." GE's response letter to the SEC seems to confuse matters even more. For example, the SEC asked: "We note your discussion regarding the $0.5 billion increase in industrial earnings. Explain to us how you determined industrial earnings and whether it is a non-GAAP measure. Tell us how the measure differs from industrial profit, the GAAP measure presented [in your report]." GE's response was: "With regard to how industrial earnings and industrial Richard Clough, GE's accounting for earnings is unfathomable, and investors and SEC are noticing, Bloomberg News, October 16, 2017, https://www.accountingtoday.com/articles/ge-earnings-and-non-gaap-measures-are-unfathomable-investors-and-sec-notice. Tomi Kilgore, GE's pledge to be more accountable comes after SEC comments, stock plunge, MarketWatch, October 31, 2017 http://www.accountingtoday.com/articles/ge-earnings-and-non-gaap-measures-are-unfathomable-investors-and-sec-notice. See https://www.sec.gov/Archives/edgar/data/40545/000004054517000047/filename1.htm. Tomi Kilgore, GE's pledge to be more accountable comes after SEC comments, stock plunge, MarketWatch, October 31, 2017, https://www.marketwatch.com/story/ges-pledge-to-be-more-accountable-comes-after-secs-urging-stock-plunge-2017-10-27 Questions I. Was TierOne's accounting for the loan loss reserve indicative of "managed earnings"? How would you make that determination? 2. What is the purpose of the auditor's assessment of ICFR? Describe the deficiencies in KPMG's audit work in that regard? 3. Would you conclude from the facts of this case that Tier One's fraud caused KPMG's auditing standards viola- tions? Explain. 4. Which rules of conduct in the AICPA Code were violated by KPMG auditors? Be specific. Case 7-7 Non-GAAP Metric Disclosure by General Electric:Value Added, Red Herring, or Red Flag? According to an October 16, 2017, article by Richard Clough of Bloomberg News,' General Electric reported earn- ings per share of $.28, $.13, $.19 and $.15 for the quarter ending September 30, 2017, on an earnings call. Yes, you read that correctly, GE reported four different earnings per share figures for the same quarter. The numbers repre- sent profit that includes or excludes certain items, such as pension costs and discontinued operations. For example, GE referred to one of these measures as 'industrial operating plus verticals earnings per share' rather than simply 'adjusted,' 'core,' or 'non-GAAP earnings per share' as is common place at most companies. GE is not alone in the use of both GAAP and non-GAAP metrics they include in their financial reporting. However, according to Bloomberg, GE is only one of 21 S&P 500 companies to use more than one earnings per share figure. Fast forward to the fourth quarter of 2017 and the fiscal year 2017, and we see a different picture in the MD&A These results are presented in Exhibit 1 below. Notice there are five measures of GAAP and five non-GAAP met- rics. The numbers have declined from the third quarter in large part due to insurance adjustments. Beyond that, the descriptions do not seem to match up. To say this is confusing would be an understatement. Back in July 2017, the SEC sent a comment letter to GE in regard to their improper use of non-GAAP metrics and inconsistencies in their description and application of them. Per Tomi Kilgore's October 27, 2017 Market Watch arti- cle the SEC letter identified "16 items in its 10-K filing were listed as being potentially misleading to investors, with half the items mentioning the reporting of numbers that were inconsistent with Generally Accepted Accounting Principles (GAAP)." GE's response letter to the SEC seems to confuse matters even more. For example, the SEC asked: "We note your discussion regarding the $0.5 billion increase in industrial earnings. Explain to us how you determined industrial earnings and whether it is a non-GAAP measure. Tell us how the measure differs from industrial profit, the GAAP measure presented [in your report]." GE's response was: "With regard to how industrial earnings and industrial Richard Clough, GE's accounting for earnings is unfathomable, and investors and SEC are noticing, Bloomberg News, October 16, 2017, https://www.accountingtoday.com/articles/ge-earnings-and-non-gaap-measures-are-unfathomable-investors-and-sec-notice. Tomi Kilgore, GE's pledge to be more accountable comes after SEC comments, stock plunge, MarketWatch, October 31, 2017 http://www.accountingtoday.com/articles/ge-earnings-and-non-gaap-measures-are-unfathomable-investors-and-sec-notice. See https://www.sec.gov/Archives/edgar/data/40545/000004054517000047/filename1.htm. Tomi Kilgore, GE's pledge to be more accountable comes after SEC comments, stock plunge, MarketWatch, October 31, 2017, https://www.marketwatch.com/story/ges-pledge-to-be-more-accountable-comes-after-secs-urging-stock-plunge-2017-10-27