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High-profile cases of accounting fraud in recent years, in addition to the prevalence of earnings management practices to deliberately mislead investors, suggest that ethics are a significant concern for accounting, financial analysis, and management professionals.
Review the codes of ethics and professional standards in the module resources and then address the following questions:
Question 1: What is the manager's responsibility regarding ethical financial reporting?
Question 2: What challenges might a manager face in ensuring ethical accounting and financial analysis practices?
Question 3: In your responses to your peers, compare and contrast your perceptions with their assessment of the role of managers regarding ethical accounting practices and the challenges they may face. Can you identify additional challenges? How does their assessment of the future impact of this course compare with your own? Please note that replies to your peers can be done via video or a written response.
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