Discuss the professional code of ethics of the organization

Assignment Help Accounting Basics
Reference no: EM131514329

Accounting Assignment

You are studying to enter professions that require high moral and ethical behavior. Your commitment to such standards should begin in this class and continue through every class in your graduate degree program. This week's discussion questions:

1) Why ethics and professional conduct are so important in the accounting professions, and

2) Why behaving ethically in your graduate studies is critical to your goal to graduate and work in the accounting industry.

Some major professional accounting associations/organizations include:

• American Accounting Association
• American Institute of CPA's
• American Society of Women Accountants
• American Taxation Association
• Association of Certified Fraud Examiners
• Association of Government Accountants
• Chartered Global Management Accountants
• Information Systems Audit and Control Association
• Institute of Internal Auditors
• Institute of Management Accountants
• Institute of Industrial Accountants
• Insurance Accounting and Systems Association
• International Association of Accounting Education
• National Association of Black Accountants
• National Society of Accountants
• Professional Association of Small Business Accountants
• Professional Accounting Society of America
• Your state" Society of CPA's

Questions to spark class discussion:

Randomly select one of the professional accounting organizations from the list below.

• Summarize and discuss the professional code of ethics of the organization you selected.
• Identify a few of the key codes and or responsibilities of ethical and professional conduct in this organization.
• Discuss their importance and how you, as students can model these behaviors.

Reminder: the goal is to engage with your classmates; simply posting your answer is insufficient to earn credit for discussions

• American Institution of Certified Public Accountants
• Chartered Global Management Accountants
• Association of Government Accountants
• Maryland Association of Certified Public Accountants
• Association of Certified Fraud Accountants
• Or choose one of the accounting professional organizations listed in the Webliography, which can be found under Content, Course Resources.

Reference no: EM131514329

Questions Cloud

What is one global issue : What is one global issue that you think needs to be addressed in the next 5 years, and why?
How do you use cost structure to differentiate products : How do you use cost structure to differentiate products? Do you think product differentiation is a successful growth strategy? Why or why not?
Prepared the general journal and ledger entries : Journalize - Analyze the document for each transaction and record each (journalize) in the appropriate journal as discussed earlier
Choose a mutual fund that has been mentioned : Choose a mutual fund that has been mentioned in your Chapter 13 text or one that has been recommended by a friend or family member
Discuss the professional code of ethics of the organization : Summarize and discuss the professional code of ethics of organization you selected. Discuss their importance and how you, as students can model these behaviors.
Why are businesses experiencing a digital transformation : Why are businesses experiencing a digital transformation? Why are enterprises adopting cloud computing?
What external administration and turnaround options : What external administration and turnaround options might be available to the directors of DDW based on the facts that you have been provided.
Compute the break-even point in dollars of ticket sales : Provide the club a presence in community. Compute the break-even point in dollars of ticket sales assuming Adrian and Jonathan are correct in their assumptions.
Which type of depreciation methods do organizations prefer : The topic for discussion this week is: Cash Flow and Taxes. With regard to tax purposes, which type of depreciation methods do organizations prefer and why?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd