Acc 418 Unit 8 Discussion: Code of Ethics for Professional Accountants

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***** THERE ARE TWO DISCUSSION QUESTIONS, WRITE A 250 WORD RESPONSE FOR EACH AND USE 1 TO 2 REFERENCES.


Discussion Question 1: The International Ethics Standards Board for Accountants is attempting to implement an international standard of ethics: the Code of Ethics for Professional Accountants. Do you think that a global standard of ethical conduct can be effective for accountants since countries have such different religions and governments and cultures?

Discussion Question 2: The lecture refers to the debate between principles-based GAAP and rules-based GAAP. Which do you think is more effective in promoting transparent financial reporting? Why?

Tutor Answer

Kishnewt2017
School: Purdue University

Attached.

Running head: CODE OF ETHICS FOR PROFESSIONAL ACCOUNTANTS

Code of Ethics for Professional Accountants
Name
Institution
Date

1

CODE OF ETHICS FOR PROFESSIONAL ACCOUNTANTS

2

The International Ethics Standards Board for Accountants is attempting to implement an
international standard of ethics: The Code of Ethics for Professional Accountants. Do you
think that a global standard of ethical conduct can be effective for accountants since
countries have such different religions and governments and cultures?
There has been a consensus that the profession of accounting has been slow in
progressing beyond the border of different countries. Primarily, this is because different
countries have unique government, cultures, and religion. All of the mentioned factors are
directly responsible for the slow progression of the accounting professional beyond borders
(Clements, Neill, & Stovall, 2008). With that in mind, it is most likely that the global standards
of et...

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Anonymous
Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

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