ACCT 495 Exercise 10 AICPA Code of Conduct

Quite often, people may face situations that put them in an ethical conflict. The best way to cope with this is ________.   Question 22 options:   A)  to develop a personal code of ethical conduct about what is right and wrong   B)  to use the "golden rule"   C)  to do what makes the largest number of people happy in the situation   D)  to do nothing and ignore the situation   E)  to act the same way you have seen others act in similar situations

1.  Do you think that financial managers should be held to a higher standard of ethical behavior?  2. In the video on ethics and my article from the Conway Daily Sun, there were several examples of unethical behavior, Please discuss a real life example of unethical behavior either from your personal experience or from the news.  What do you think can be done to change the unethical behavior, or do you think it can't be stopped?

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THE COLD, HARD REALITY The media’s attention to Jeffrey Wigand, Sherron Watkins, Coleen Rowley, and Cynthia Cooper could lead you to believe that doing the right thing and speaking out against the perceived wrongdoings of your employer will guarantee you public support as an honourable and ethical person, putting the needs of your fellow human beings before your own. In reality, the majority of whistle-blowers face the opposite situation. They are branded as traitors, shunned by their former colleagues, and often singled out to the extent that they never find work in their respective industries again. Consider the cases of the following two individuals who made the same tough ethical choices as their more famous counterparts with markedly different outcomes. Khaled Assadi, an American employee of GE Energy, was temporarily assigned to the company’s Amman, Jordan, operations, where he was responsible for coordinating with Iraq’s governing bodies to secure and manage energy service…

THE COLD, HARD REALITY The media’s attention to Jeffrey Wigand, Sherron Watkins, Coleen Rowley, and Cynthia Cooper could lead you to believe that doing the right thing and speaking out against the perceived wrongdoings of your employer will guarantee you public support as an honourable and ethical person, putting the needs of your fellow human beings before your own. In reality, the majority of whistle-blowers face the opposite situation. They are branded as traitors, shunned by their former colleagues, and often singled out to the extent that they never find work in their respective industries again. Consider the cases of the following two individuals who made the same tough ethical choices as their more famous counterparts with markedly different outcomes. Khaled Assadi, an American employee of GE Energy, was temporarily assigned to the company’s Amman, Jordan, operations, where he was responsible for coordinating with Iraq’s governing bodies to secure and manage energy service…

Research the case against Bernie Madoff who was convicted in 2009 for running the largest Ponzi scheme in U. S. history. Do you think that Bernie received a sentence that was fair? Most importantly, research David Friehling, Bernie's auditor. Discuss what David Friehling's role was in this scheme. What outcome occurred from the legal action taken against Friehling.

1. A client's mother offers you a cup of coffee after your session. If you accept it, are you violating the RBT Ethics Code?   A Yes, because she wants to influence you to work later. B No. because it does not have a value of over »10 C Yes. because it is considered a sianiticant aut. D No. because vou are allowed to accept all alts from clients families

Please correct answer and don't use hand rating

48:2 Which statement best explains why Mr. Whymper serves as an intermediary for Animal Farm? ad ith O He is motivated by a desire for power. He is motivated by financial success. O He is motivated by a sense of duty. He is motivated by a desire to help others. lier a Save and Exit

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Please Solve In 20mins

Preventing Cybercrime and Identity Theft Cybercrime and identity theft have become a growing problem in all aspects of society in recent years. Locate an article about cybercrime or identity theft in an organization from one of the types we have discussed in the course (government, not-for-profit organization, healthcare organization, or college or university). Summarize the case of cybercrime or identity theft in your article. What are the risks of these types of crimes to their organization? How can auditing and internal controls help prevent a company from falling prey to cybercrime? Then, review the examples shared by your peers. What strategies related to auditing and internal controls could you suggest for the organizations they shared?

Answer the following based on the image of the scenario A-Help management understand the issue from Jack’s perspective. Describe the ethical dilemma that Jack faces. What is the issue? Who are the parties involved? If you were Jack, what would you consider when making a decision? B-Help management understand the elements of the fraud triangle in this situation which increase the chances of fraud. Why is this fraud? What are the opportunities, motivations and rationalizations that you see? How does this affect the business financially? C-Help management come up with a plan to minimize the likelihood of this happening in the future. Be sure to mention specific components of the COSO framework.