Principles of the aicpa code of professional conduct
Problem: What are the principles of the AICPA Code of Professional Conduct? What types of actions might be considered legal, yet unethical? Why is it necessary to have a code of conduct for accountants and auditors?
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What are the principles of the AICPA Code of Professional Conduct? What types of actions might be considered legal, yet unethical? Why is it necessary to have a code of conduct for accountants and auditors?
Problem 1: Identified and analyzed 3 roles of ethics as it relates to judgment and decision making in accounting and financial reporting. Problem 2: Gave examples of situations where they were not present.
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How is your response to this consistent with the moral philosophy described below; and if it is not consistent with that philosophy, explain why it is not. The moral philosophy best suited for business decision making is Utilitarianism.
Q1. Should these employees be held responsible for their actions, since they were "following orders"? Q2. How should an employee respond to questionable or unethical requests from superiors?
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