Within the Discussion Board area, write 400-600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

The public, the Security and Exchange Commission (SEC), and other observers have recently voiced great concern about ethical financial reporting in U.S. corporations. Consequently, many companies, as well as the U.S. Congress, have instituted measures to limit the proliferation of unethical financial reporting.

Because you were the finance team leader, a key element in your evaluation was validating and ensuring that all the material reviewed was ethically sound. Prepare an ethical assurance position paper for the board of directors in which you demonstrate an awareness of what constitutes unethical financial reporting and the impact of such activity.