Article How General Motors Was Really Saved The Untold True Story of The Most Important Bankruptcy In The U.S. History
Principles of Accounting I
ACC 121
Summer 2015
Paper Assignment
Assignment: Read a current article from a business publication and write a two page summary regarding the topic. Include any personal thoughts or opinions you have on the subject. This is only a two page paper, approximately 500 words, so research beyond one article should not be necessary. Use correct grammar, punctuation, etc. when writing your paper.
Possible Topics: Obviously, the current economic situation and fallout from the banking and financial crisis has been in the news recently, so any article dealing with companies misrepresenting financial data or trying to restructure their financing would be appropriate. Another related topic which has been covered is the discussion surrounding whether auditing firms should also be providing consulting services to their clients. The Sarbanes-Oxley requirements that resulted from the accounting scandals and the compliance to the new rules would also be a good topic. As always, there are articles on tax related topics which relate to the accounting industry. The debt crisis that a number of countries are facing (including the United States) is a good topic as there will be a number of articles on it. Use your own judgment on selecting an appropriate article that you find interesting that you think would work for your assignment.
Recommended
Sources: The best sources would be business magazines such as BusinessWeek, Forbes, Fortune, Kiplinger- or Barron-. Even general news magazines such as Time, Newsweek and U. S. News & World Report have recently been publishing articles related to the accounting industry. There are also numerous business and accounting related sites on the internet which you can use.
Points: The paper will be worth fifty points. You will be graded partially on content and partially on grammar and usage.
. Your completed paper should be submitted through the ROC drop box for the Project Report - Article Review.
SELECTED TOPIC
Article: How General Motors Was Really Saved: The Untold True Story of The Most Important Bankruptcy In The U.S. History.
USA 
India