A LESSON ON THEORY/FRAMEWORK OF VALEANT PHARMACEUTICALS

All the theories have been used except?

• GAAP

• Debt Reduction

• SWOT

• Debt Relief

There are 3 form of debt reduction which are?

• Debt Consolidation

• Debt Settlement

• Consumer Debt

• Debt to Equity

Debt Consolidation means that the companies .......?

• Combine all its debts

• Negotiating with the creditors

• exchange debt for equity position

• improve its balance sheet by reducing its debts

Is the debt consolidations get rid of the companies debt?

• Yes

• No

Debt settlement is a process of negotiating the debt with the creditors.

• True

• False

Which method improve a company's balance sheet by reducing its debt?

• Debt settlement

• Debt to equity

• Debt Consolidation

General Accepted Accounting Principles (GAAP) is a policies made by the companies for its own use?

• False

• True

The purpose of GAAP is to ensure a company's financial statements are complete, consistent, and comparable.

• True

• False

In which form that GAAP help its investors?

• Provides additional information to the investors.

• easy to analyze and make comparison

• Help the investor from losing their money

Can GAAP helps Accountant to mitigate the fraud by increasing transparency and allowing the red flags to be identified?

• True

• False