What are professional and ethical obligations of accounting


Assignment

You are required to write an essay of at least 1,250 words addressing the following issues:

• What are the professional and ethical obligations of Accounting/Business?

• How might these obligations be challenged? What makes Accounting/Business unique in this regard?

• Find and describe a recent case involving an unethical or illegal act within Accounting/Business. Please include a description of the act and the consequences of the actions.

• What level of liability does a firm have for an employee's unethical or illegal actions?

• What steps will you take as a professional to ensure that you will not face any future academic or ethical difficulties?

• If you made decisions like this as an accountant, what possible impact could this have on your clients or your firm?

• If placed in a similar situation like this in the future, how would you change your decisions?

Format your assignment according to the following formatting requirements:

1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

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Accounting Basics: What are professional and ethical obligations of accounting
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