Discuss what's the knowledge of and interest in the course of Legal & Ethical Issues in Bussiness Management for a student studying Accounting and finance. Also, explain how this course will assist a student in accounting and finance in their career path.

Q: Discuss the role and function of external auditor for good corporate governance practices.

A: The dynamic and essential component of the business is corporate governance. Corporate governance…

Q: Please explain the following terms: 1. Risk management 2. Accounting Management

A: TermDefinitionRisk managementThe identification, assessment, and prioritization of risks followed by…

Q: What are the ethical values that are needed in an accountant as well as in an auditor

A: Accounting ethics is a significant subject because, as accountants, we are the key personnel who…

Q: Discuss the four types of financial responsibility centers. What are the advantages and…

A: The four types of financial responsibility centers are:- Cost centre, Revenue Centre, Profit Centre…

Q: Analyze any ethical issues related to financial reporting that may arise in your organization.

A: As for instance ethical issues related to hospital

Q: Describe the budgeting process, three major budgeting challenges, and the four major types of…

A: Challenges The biggest challenge relate to the circumstances that have result in low revenue and…

Q: Insights on what is it look like to work as an auditor in the financial services industry?

A: A monetary evaluator audits an organization's budget summaries, records, information and bookkeeping…

Q: What are the regulations and enforcement in (accounting profession) ?

A: The accounting profession helps in performing functions of accounting such as auditing, financial…

Q: In June 2005, IESBA issued a revised Code of Ethics for Professional Accountants. What does the term…

A: The fundamental principles within the Code – integrity, objectivity, professional competence and due…

Q: Bring out the need and importance of Social Accounting from the given options; (1) Only commercial…

A: The need and importance of Social Accounting are outlined in the provided options. Let's analyze…

Q: As you will be creating your own accounting firm. Make a name for your firm as well as create a…

A: The accounting firms are specialized in accounting activities like tax management, mergers, and…

Q: What are the skills and qualifications required for a management accountants?

A: The financial and cost control report templates are created by the management accountant. The most…

Q: How Creative accounting can play a role in manipulations of Accounts in Public Limited Organizations…

A: Creative accounting is the technique used to present the company’s accounts in different ways.

Q: What are those financial strategies in management

A: A small quantity of products is a small lot. She remains to her small lots because her products are…

Q: Discuss and explain the expectations gap. In your answer include how it relates to both the finance…

A: The expectations gap refers to the difference between what the public or stakeholders expect from…

Q: What would you recommend to improve the delivery of the franchising

A: Great information is crucial for the running of any cutting edge business – and establishments are…

Q: Evaluate the culture of Accounting Student Associations by answering the following; How would you…

A: Accounting Student Association is an association for students that helps in exploring the accounting…

Q: Discuss any three ethical values that are required in an accountant as well as in an auditor.

A: Ethical values can be explained as values that help an individual or an organization in functioning…

Q: The impact of the PESTEL framework on Sagicor Financial Corporation Limited and the financial…

A: Business environment refers to the various micro and macro environment which surround the business…

Q: What is a career goal in Accounting? What topics and skills do you think will help you the most in…

A: Step 1: Read and understand the question. Step 2: Imagine what you will be five years from now to…

Q: describe the various legal entities available to an entrepreneur when starting a business. These can…

A: The various legal entities available to an entrepreneur when starting a business are as follows : 1.…

Q: What are some of the current trends in financial risk management?

A: The act of identifying risks, analyzing them, and then determining whether to accept or reduce them…

Q: How does the Code of Ethics help the professional accountants and professional information system…

A: A Code of ethics is a set of principles that was followed by all the members of the organization to…

Q: How does accounting theory contribute to the development and improvement of accounting standards and…

A: Accounting theory plays a significant role in the development and improvement of accounting…

Q: It is vital for the management of the accounting firm to be aware of suitable knowledge management…

A: Knowledge management systems (KMS) are software or information systems created to make it easier to…

Q: Investigate and report on the types of knowledge management systems suitable for the accounting…

A: Knowledge management (KM) is a multidisciplinary approach that incorporates the cycles, practices,…

Q: what is financial management explain clearly for the layman?

A: Financial Management refers to the process of management of finances & funds - The planning,…

Q: 6. One means by which consumers can protect themselves from fraud is by paying close attention to:

A: Note: As this question consists of multiple questions, therefore only the first question is…

Q: examine what effective risk management entails in the context of the pharma industry. Highlight what…

A: Risk management: It involves various management activities to identify, manage, control, and respond…

Q: ow do you Examine aspects of financial responsibility within an industry/organization in real life.

A: Financial responsibility refers to the ethical and accountable management of financial resources…

Q: Show a corporation how the Institute of Management Accountants can help.

A: Management accounting is a system of collection and presentation of information relating to…

Q: Which one of the following would be considered employment income for Canadian income tax purposes…

A: The correct answer would be:

Q: 2. What fundamental ethical principles for accountants are most applicable and is there an apparent…

A: Fundamental ethics principles are those moral principles as well as standards which are set through…

Q: How can financial ratios be used to evaluate the financial performance of a company and make…

A: Financial ratios are key indicators used to analyze a company's financial performance, and they are…

Q: Why financial management is important in today's competitive economy and how can it be applied in a…

A: SOLUTION:  In an organisation or institute, financial endeavours are planned, organised, directed,…

Q: What are some ways that accountant can help with capital budgeting?

A: Capital budgeting is a planning process that businesses use to determine whether long-term…