Identify the legal issues involved—consider state and federal laws—and explain how they apply to the case

Write a 1,200- to 1,500-word paper explaining the legal aspects,financial standards involved, and ethicality of the ExcelloTelecommunications case. Your paper should include thefollowing:

• Identify the legal issues involved—consider state and federal laws—and explain how they apply to the case.
• Determine the criteria by which Sarbanes-Oxleywould apply to this case.
• Identify the specific financial reportingstandards involved and explain how those standards wereviolated.
• Evaluate the financial reporting activity interms of the AICPA Code of Professional Conduct.
• Determine the ethicality of the events withinthe case.
o Select the best alternative offered by theteam. Defend your decision in terms of its legality, ethicality,and alignment with accounting standards.

Format your paper consistent with APA guidelines.
QUESTION TITLE :- ETH376 ETH 376 Week 3 Assignment – Legality & Ethicality of Financial Reporting