Read several of the following articles as well as any other published pieces that describe the…

Read several of the following articles as well as any other published pieces that describe the work of the accountant in bankruptcy cases: “Restructuring for a Positive Return,” CMA Management, December 2005/January 2006. “Alternatives to Bankruptcy Liquidation,” Agency Sales, February 2005. “The Use of Crystal Balls in Financial Reporting: The Case Against Three Recent FASB Developments,” Internal Auditing, March/April 2015. “Fresh-start Reporting: An Opportunity for Debtor Companies Emerging from Bankruptcy,” American Bankruptcy Journal, July/August 2009. “Statements of Financial Affairs and Schedules as a Corporate X-Ray,” American Bankruptcy Institute Journal, March 2010. “Predicting the Financial Failure of Retail Companies in the United States,” Journal of Business & Economics Research, August 2013. “Fresh-Start Accounting Becomes Part of the Daily Financial Intake,” American Bankruptcy Institute Journal, February 2010. “Assisting Troubled Business Clients: A Midsize Dilemma for CPAs,” Journal of Accountancy, March 2008. “Stanford Business School Research: Financial Statements Are Still Valuable Tools for Predicting Bankruptcy,” Business Wire, May 12, 2006.

Required Write a report describing the services that an accountant can perform before and during a corporate bankruptcy. Include activities to be carried out prior to filing a petition and thereafter.

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