Problem: In some organizations, accountants act as "internal consultants"; they use their knowledge of the company's financial workings to advise the company on financial decisions.
Answer the following questions:
1. What are the ethical considerations for accountants who serve as internal consultants?
2. Do they differ from the ethical issues faces by accountants who do not act as internal consultants?
3. What are the differences / examples of managerial accounting vs. financial accounting?