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ETH 376 Entire Course_Accounting Ethics And Professional Relations_

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					ETH 376 (Accounting Ethics And Professional Relations) Complete
    Course All Individual and Team Assignments Week 1 – 5


                                    To Purchase Visit link below


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ETH 376 Week 1

Week 1 Indivdiual Assignment AICPA Code of Professional Conduct

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 Write a 350- to 750-word paper describing the purpose of the AICPA Code of Professional
Conduct and why it is considered the foundation of ethical reasoning in accounting. Answer the
following questions:

• What do you think are the three most important purposes of the AICPA Code of Professional
Conduct?
• Why are those three the most important? Defend your answer.

Format your paper consistent with APA guidelines.

ETH 376 Week 2



ETH 376 Week 2 Learning Team Assignment Ethicality of Accounting Activities

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Resource: Case 2-1, Cynthia Cooper and WorldCom in Ch. 2 of Ethical Obligations and
Decision Making in Accounting

Write a 1,200- to 1,500-word paper evaluating the ethicality of the Cynthia Cooper and
WorldCom case. As a team, identify and discuss the accounting activities involved in the case.



      Select the key accounting activity involved in the case.
      Evaluate the accounting activity in terms of the AICPA Code of Professional Conduct.
      Determine how the accounting activity was or was not equitable to internal and external
       stakeholders.
      Determine which aspects of this accounting activity were ethical or unethical.
      Identify the key individuals in this case. Each team member must select a different
       individual from the case to explain his or her ethical or unethical actions and how those
       actions influenced the events that occurred.

Format your paper consistent with APA guidelines.

ETH 376 Week 2 Learning Team Weekly Reflection

 Discuss the previous week’s objectives with your team. Your discussion should include the
topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate
to application in your field.

Prepare a 350- to 1,050- word paper detailing the findings of your discussion.



ETH 376 Week 3



ETH 376 Week 3 Legality and Ethicality of Financial Reporting

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Resource: Ethics Case 7-4: Excello Telecommunications in Ch. 7 of Ethical Obligations and
Decision Making in Accounting

Write a 1,200- to 1,500-word paper explaining the legal aspects, financial standards involved,
and ethicality of the Excello Telecommunications case. Your paper should include the following:
• Identify the legal issues involved—consider state and federal laws—and explain how they
apply to the case.
• Determine the criteria by which Sarbanes-Oxley would apply to this case.
• Identify the specific financial reporting standards involved and explain how those standards
were violated.
• Evaluate the financial reporting activity in terms of the AICPA Code of Professional
Conduct.
• Determine the ethicality of the events within the case.
o Select the best alternative offered by the team. Defend your decision in terms of its legality,
ethicality, and alignment with accounting standards.

Format your paper consistent with APA guidelines.

ETH 376 Week 3 Learning Team Weekly Reflection

 Discuss the previous week’s objectives with your team. Your discussion should include the
topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate
to application in your field.

Prepare a 350- to 1,050- word paper detailing the findings of your discussion.

ETH 376 Week 4

ETH 376 Week 4 Individual Assignment Legality and Ethicality of Corporate Governance

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Resource: Case 3-3, United Thermostatic Controls in Ch. 3 of Ethical Obligations and Decision
Making in Accounting

Determine the legality of the activities based on federal, state, and local laws.

Determine the criteria by which Sarbanes-Oxley would apply to this case.

Determine the ethicality of the activities.

Consider whether or not the activities were equitable to internal and external stakeholders.

Decide on the next steps based on the events that took place. What makes this next step the best
decision?

 Write a 750- to 1,050-word paper evaluating the legality and ethicality of the corporate
governance activities that occurred in the scenario.
Format your paper consistent with APA guidelines.



ETH 376 Week 4 Learning Team Weekly Reflection

 Discuss the previous week’s objectives with your team. Your discussion should include the
topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate
to application in your field.

Prepare a 350- to 1,050- word paper detailing the findings of your discussion.

ETH 376 Week 5

ETH 376 Week 5 Learning Team Assignment Standards-Based Decision Making

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Resource: The ABC Corporation Case located on your student website

Write a 750- to 1,050-word paper accomplishing the following:

 Describe four types of audit opinions Green and Associates may provide at the conclusion of a
corporate financial audit. Specifically, describe and illustrate an unqualified, unqualified with
explanatory paragraph, qualified, and adverse opinion. Differentiate between the opinions and
provide specific criteria that warrant each type of opinion.

 Determine whether the inventory valuation method used by ABC Corporation was legal and
compliant with GAAP.

 Is the client’s refusal to procure an audit of Internal Controls over Financial Reporting in
violation of Sarbanes-Oxley? Why or why not?

In compliance with GAAS, which type of audit opinion should Green and Associates issue?

Discuss the ethical issues involved for ABC Corporation and for Green and Associates.

Format your paper consistent with APA guidelines.

ETH 376 Week 5 Learning Team Weekly Reflection

 Discuss the previous week’s objectives with your team. Your discussion should include the
topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate
to application in your field.
Prepare a 350- to 1,050- word paper detailing the findings of your discussion.

Week 1 DQs

Many professional accountants believe that the main purpose of accounting standards is to protect the
public. With that in mind, what do you think are the main objectives of the AICPA code of professional
conduct and how does the code relate to protecting the public? Be specific

A bookkeeper makes a significant posting error, which she later discovers and corrects. In fear of losing
her job, she does not report the mistake to her supervisor. How should the employee have handled this
situation and what should the supervisor do when the situation is disclosed?

How does the AICPA Code of Professional Conduct relate to ethics? Provide examples to support your
response.

The CFO for a corporation deliberately misstates expenses on the income statement purely out of a sense
of loyalty to his CEO and the company. The CFO will receive no financial incentive for this
misstatement. In fact, he risks losing his job by doing this. Is this an ethical violation for the CFO? Why
or why not?

Week 2 DQs

Financial statements are an important product of the accounting process. Provide an example of an
internal user. How could he or she be harmed by fraudulent and unethical financial statements?

Financial statements are an important product of the accounting process. Provide an example of
an external user. How could he or she be harmed by fraudulent and unethical financial statements?

?

Large-scale bankruptcies and corporate frauds resulted in the Sarbanes-Oxley (SOX) Act. Which
provision of SOX do you think will have the most profound effect on improving the quality of financial
reporting and why

Corporate executives are pressured between conflicting interests of internal and external stakeholders.
Provide a specific example of such a conflict. How can the conflict best be resolved?

Week 3 DQs

Many professionals believe it is impossible to regulate ethics. Yet, the SEC and other federal agencies
provide rules, regulations, and laws surrounding corporate governance. How effective are the legal
processes in regulating corporate governance? Provide an example.

Several laws, most recently Sarbanes-Oxley, have provided provisions requiring high ranking officials to
certify that they have acted ethically in corporate governance and financial reporting. How effective are
such laws in protecting the public? Be sure to cite specific examples.
Executive officers within an organization will often feel compelled and tempted to emphasize short-term
results—net income for the current year—over long-term success and company survival.

Why would they be so inclined and what are the ethical implications of overemphasizing short-term
results over long-term success and solvency?

What are the ethical implications of the Microsoft® corporate governance systems presented in the text?

How could Microsoft® improve corporate governance?

Week 4 DQs



Several federal laws require external audits to protect the public. Should federal laws also require internal
audits within a public corporation? Provide an example to support your response.

Professional auditing standards provide for an unqualified audit report with three standard paragraphs.
Briefly describe those paragraphs. Which is the most important? Why?

Professional standards require independence in fact and appearance in regards to assigning auditors to
engagements. Briefly define the terms in fact and appearance. What are the ethical implications and
rationale for these auditing procedures?

In terms of professional standards, when is a disclaimer more appropriate than an audit opinion? Explain
the basis for your example.

				
DOCUMENT INFO
Description: ETH 376 (Accounting Ethics And Professional Relations) Complete Course All Individual and Team Assignments Week 1 – 5 To Purchase Visit link below http://allmytutorials.com/?p=3759 ETH 376 Week 1 Week 1 Indivdiual Assignment AICPA Code of Professional Conduct http://allmytutorials.com/?p=3678 Write a 350- to 750-word paper describing the purpose of the AICPA Code of Professional Conduct and why it is considered the foundation of ethical reasoning in accounting. Answer the following questions: • What do you think are the three most important purposes of the AICPA Code of Professional Conduct? • Why are those three the most important? Defend your answer. Format your paper consistent with APA guidelines. ETH 376 Week 2 ETH 376 Week 2 Learning Team Assignment Ethicality of Accounting Activities http://allmytutorials.com/?p=3686 Resource: Case 2-1, Cynthia Cooper and WorldCom in Ch. 2 of Ethical Obligations and Decision Making in Accounting Write a 1,200- to 1,500-word paper evaluating the ethicality of the Cynthia Cooper and WorldCom case. As a team, identify and discuss the accounting activities involved in the case. • Select the key accounting activity involved in the case. • Evaluate the accounting activity in terms of the AICPA Code of Professional Conduct. • Determine how the accounting activity was or was not equitable to internal and external stakeholders. • Determine which aspects of this accounting activity were ethical or unethical. • Identify the key individuals in this case. Each team member must select a different individual from the case to explain his or her ethical or unethical actions and how those actions influenced the events that occurred. Format your paper consistent with APA guidelines. ETH 376 Week 2 Learning Team Weekly Reflection Discuss the previous week’s objectives with your team. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to a
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