make sure to cover all your points in your answer 1. You were introduced to sustainability standards (SASB — https://www.sasb.org/). a) Why have sustainability issues become strategically important to managerial decision-makers? b) As a managerial decision maker, how would you convince the other C-Suite members to adopt the SASB standards by the company? Provide details. 2. Managers and accountants regularly rely on accounting policies that utilize subjective decisions to make estimates when booking various accruals, reserves, and transactions. In some cases, creative accounting leads to misleading performance and a variety of fraud. As we have learned, revenue recognition is the most common misreported financial figure. We reviewed various frauds, especially those involving revenue recognition issues. a) Describe types of normal manipulation of revenue utilized by managers to boost financial performance and how it impacts earnings. b) Why it is important to discourage this practice – even if the revenue recognition methodology is may be considered legitimate?
