Ethics and Professional Conduct in Accounting
Added on 2020-02-24
10 Pages2081 Words38 Views
|
|
|
Running head: CPA ETHICS AND GOVERNANCECPA Ethics and GovernanceName of the StudentName of the UniversityAuthors NoteCourse ID
1CPA ETHICS AND GOVERNANCETable of ContentsIntroduction:...............................................................................................................................2Answer to requirement A:..........................................................................................................2Recognition of ethical issues:.....................................................................................................2Answer to requirement B:..........................................................................................................3Answer to requirement B (II).....................................................................................................5Ethical approach for preferred course of action:........................................................................5Answer to requirement C:..........................................................................................................6Conclusion:................................................................................................................................7Reference List:...........................................................................................................................8
2CPA ETHICS AND GOVERNANCEIntroduction:The study takes into the considerations the ethical issues that is enclosed with thepresent case study by describing that the accountants must have the integrity in discharge oftheir duties. Accounting is understood as the method of recording and analyzing the severalmonetary transactions that business organization should comply with. The accountants mustcomply with the necessary APES 110 code of ethics for professional accountant, which isconsidered as one of the most vital set of accounting principles. The line of work for accounting necessitates the precise set of laws and regulationsand requires that the accountants must work in accordance with the book keeping ethics(Krier et al. 2014). Answer to requirement A:There are two moral issues that havebeen includedin the present study are as follows; a.Funds that was raised for the community improvement programme was notappropriately managed and resulted in wastage and this has lead to the issues ofProfessional Competence and Due Careb.Unsuitable administration of the financial accounting reports, which does not,highlights a correct and reasonable interpretation of the presentation of theorganization and this has subsidised to the moral issue of integrity (Union, 2014). Recognition of ethical issues:In compliance with the section 330 the Andy has failed to act with sufficient amountof expertise. As defined under the section 330 of APESB 110 a member of the businessshould not intentionally or unintentionally mislead the employer concerning the degree of
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents