Identify quality control standards and practices within the accounting profession.

THE CPA PROFESSION Describe the nature of CPA firms and what they do. 2-2 Describe the structure of CPA firms. 2-3 Understand the role of the Public Company Accounting Oversight Board and the effects of the Sarbanes–Oxley Act on the CPA profession. 2-4 Summarize the role of the Securities and Exchange Commission in accounting and […]

Describe the key functions performed by the AICPA.Identify quality control standards and practices within the accounting profession.

After studying this chapter, you should be able to 2-1 Describe the nature of CPA firms and what they do. 2-2 Describe the structure of CPA firms. 2-3 Understand the role of the Public Company Accounting Oversight Board and the effects of the Sarbanes–Oxley Act on the CPA profession. 2-4 Summarize the role of the […]

Discuss unethical behavior in the accounting profession. Use the accounting scandal from the Waste Management Company for your presentation.

Evaluation of Unethical Behavior Concerning Accounting Fraud Discuss unethical behavior in the accounting profession. Use the accounting scandal from the Waste Management Company for your presentation. Once you have selected the company, provide the following items in your evaluation of the ethical failures at that company: Relevant facts of the fraud Ethical issues involved Primary […]

How did the members of the accounting firms violate the standards of integrity and credibility?Do you believe the new standards that resulted from the Enron scandal to be adequate?

Regarding Enron, this was a company that resulted in the creation of the Sarbanes-Oxley Act and many reforms to the accounting profession. Research the company and answer the following questions. Question 1: How did the members of the accounting firms violate the standards of integrity and credibility? Question 2: Do you believe the new standards […]

Based on your chosen code of conduct principle(s), what would you do (step-by-step) in order to act in accordance with your chosen principle to address this situation?

Ethics play a vital role in business and in the accounting profession. Here is an opportunity to connect your current learning about inventory with the profession’s commitment to ethics. EC5: Tiffany Lyons was just hired as the assistant treasurer of Key West Stores, a specialty chain store with nine retail stores concentrated in one metropolitan […]

Using the eight structural components of ethical reasoning – From your perspective, how can these components of ethical reasoning be used in the accounting profession?Explain

Ethical reasoning in accounting profession Description Using the eight structural components of ethical reasoning – From your perspective, how can these components of ethical reasoning be used in the accounting profession?  

An Emerging Issue in the Accounting Profession Students will be required to identify an emerging issue pertaining to the auditing profession.Example issues that the student may wish to address in the project include the following:What is the issue and why is it important?Explain

Auditing Profession Topic : Effectiveness of Boards and Auditing Committees(700 – 800 words & APA format) The purpose of the project is to reinforce skills that are essential for professional success. An Emerging Issue in the Accounting Profession Students will be required to identify an emerging issue pertaining to the auditing profession.Example issues that the […]

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