Identify connections and relationship of principles included

Assignment Help Accounting Basics

Reference no: EM131209247

Because of recent financial disasters in the news, the board of directors of your company decided that they wanted to ascertain that the organization's code of ethics was appropriate and in agreement with the Code of Professional Conduct (CPC) as adopted by the American Institute of Certified Public Accountants (AICPA). Therefore, you have been asked to provide this assurance with a report to the CFO of your organization.

Create a report of 3 to 5 pages including the following:

• Review the 6 principles in the AICPA's CPC.

o State what you assess to be the primary purpose of each of the 6 principles.

• Analyze the codes of conduct of at least 3 major public U.S. companies.

• Include citations for each of these companies' codes of conduct.

• Identify connections and relationships of the principles included.

• Explain how the 6 principles relate to those identified in your analysis of the codes of conduct of the 3 chosen companies.

• Prepare a recommended list of at least 7 essential elements that must be included in your organization's code of conduct based on your analysis and assessment.

Reference no: EM131209247

Questions Cloud

Business making wine coolers : You are graduating in June and would like to start your own business making wine coolers. You collect the following information on the initial costs:

Find an expression for the output per worker : Find an expression for the output per worker as a function of the capital-labor ratio.

What are the advantages of owning preferred stock : Define and contrast stocks and bonds. - What are the advantages of owning preferred stock?- What are the advantages of owning common stock?

Cantankerous and very stubborn : Your superior is a cantankerous and very stubborn man who believes that the simplest approaches are the best. Your firm has just bought a van, with a five-year lifetime, for $10000.

Identify connections and relationship of principles included : Analyze the codes of conduct of at least 3 major public U.S. companies. Include citations for each of these companies' codes of conduct. Identify connections and relationships of the principles included.

Explain the possible reasons of this evolution : Show that in the competitive equilibrium, α is the fraction of national income that goes to the remuneration of capital and 1 - α is the fraction that goes to the remuneration of labor.

Government security and a government agency security : What is the difference between a government security and a government agency security? - Which asset would you prefer to own if safety and liquidity were important to you?

How can socialization and mentoring be use to advance career : How can socialization and mentoring help minimize resistance to change using the contingency approach? How can socialization and mentoring help people embrace these changes as a part of career advancement?

Tax rate for the corporation : An average tennis racquet sells for $100 and costs $40 to make. The tax rate for the corporation is 40% and the discount rate is 10%. Is there an opportunity cost involved?

User Account

All Pages