User Account

All Pages

Should we have rules-based ethics standards

Assignment Help Accounting Basics
Reference no: EM131154611

Assignment

Read "It's Time for Principles-Based Accounting Ethics" which can be accessed through the DeVry online library. In 3-4 pages (12-pt type, double-spaced) answer the following questions:

1. Do you agree with the authors that a code of ethics should do more than establish minimum acceptable standards? Why or why not?

2. Describe the five cardinal virtues of professional accountants that the article's authors discuss.

3. We've talked about rules-based versus principles-based accounting standards. Should we have rules-based ethics standards? Why or why not? Should they tell you exactly what to do in specific ethical situations?

4. Compare and contrast the AICPA's Code of Professional Conduct and the IFAC Code of Ethics for Professional Accountants.

Reference no: EM131154611

Questions Cloud

What is the confidence interval on research in motions beta : What is the confidence interval on Research in Motion's beta? What proportion of each stock's risk was market risk, and what proportion was specific risk? What is the variance of Toronto Dominion? What is the specific variance?
What is the general purpose of a persuasive speech : What is the general purpose of a persuasive speech? Is it to create impressions and good will or to influence beliefs and actions
Describe different types of conflict : You have been asked to create an informal training for you coworkers regarding dealing with conflict. Prepare a 7-10 slide powerpoint presentation in which you do the following- Describe different types of conflict
How much does political point of view affect ethical problem : How much does political point of view affect one's perceptions of ethical problems? Search the Web for conservative and liberal viewpoints about bias
Should we have rules-based ethics standards : Describe the five cardinal virtues of professional accountants that the article's authors discuss. We've talked about rules-based versus principles-based accounting standards. Should we have rules-based ethics standards?
Brochure-talk about international communication in japan : I need to talk about international communication in Japan, Put the information together in one brochure, The information includes two sources, outline cultural difference of the country japan that might impact international business dealing
What is the original premise of sas culture : What is the original premise of SAS culture? What is the importance of the SAS culture on work/home balance
What expectations do your audience members have : What expectations do your audience members have in relation to your speech? What are possible beliefs audience members have about you according to your demographic qualities? What environmental factors might shape the way your audience members respon..
Essay - value of dissent in our society : Write an essay on one of the given topics, it must not exceed from words. Online Learning: A Boon(2500 Words with reference) and Value of dissent in our society (2500 Words with reference)

Reviews

Write a Review

Accounting Basics Questions & Answers

  Illustrate out the term statistics determine the different

write a 300-word summary that addresses the following criteriadefine statistics.identify different types and levels of

  Amount of overhead cost allocated

Assuming Smith uses direct labor as a company-wide allocate base before and after automation, what is the amount of overhead cost allocated to each product?

  What was the variable overhead spending variance for year

Given this information, what was (a) the variable overhead spending variance for the year, and (b) the variable overhead efficiency variance for the year?

  Compound interest

Compound interest is computed quarterly on $700 for seven years at 12 percent annual interest. The future value table is used by multiplying the $700 by which factor?

  Conversion costs incurred uniformly over the production

All direct materials costs are added at the beginning of the production period cycle. Weighted-average costing is used by Rest-a-Lot. How many chairs were in inventory at the beginning of the month? Conversion costs are incurred uniformly over the..

  What approach should john take in examining two computers

Julia Katchum is in charge of the Eastern Regional Counterterrorism Computer Forensics Unit. Her recent investigations led her to believe that an imminent threat of a terrorist act in the Chicago area exists.

  Interview an accountant who works for a service organization

Interview an accountant who works for a service organization that uses job-order costing. For a small firm, you may need to talk to an owner/manager. Examples are a funeral home, insurance firm, repair shop, medical clinic, and dental clinic.

  Cost basis for each transaction above bullthe gain or loss

sold stock purchased ten months ago for 6000 for 3200.sold land that was a gift from jamess uncle for 150000. the

  Laudie company issued 522000 of 8 10-year bonds on january

laudie company issued 522000 of 8 10-year bonds on january 1 2014 at face value. interest is payable semiannually on

  Petty cash-bank reconciliation

(Petty Cash, Bank Reconciliation) Bill Jovi is reviewing the cash accounting for Nottle man, Inc., a local mailing service. Jovi's review will focus on the petty cash account and the bank reconciliation for the month ended May 31, 2014. He has col..

  Prepare a trial balance in good form

The following accounts are taken from the ledger of Boardin' Company at December 31, 2010.

  Which of the following is not a reason for the special

1.in verifying debits to perpetual inventory records of a non-manufacturing firm the auditor would be most interested

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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