Objectivity, and Responsibility and the Importance of IMA’s standards are discussed below: 1. It is important that an accountant should be competent and should have an ability to maintain and continue to develop its company knowledge at the professional ethical level. 2. It is important that duties are meant to be performed in accordance with the company’s relevant rules and regulations and its technical standards. 3. To provide a clear supervision or direction to employees on how to
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Tavonna Triplett Career Paper Accounting The different types of accounting careers are Public, Government, National, Management, Financial, Tax, and. Fiduciary Accounting. Public accounting is the most varied type and includes bookkeeping, account management and financial analysis for individuals, private businesses, public firms, government or NGOs, which are either based nationally are internationally. A public accounting business can have one or more accountants and both certified and non-certified
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Trustworthiness and Responsibility are the two pillars primarily affecting this case. Trustworthiness requires that one be honest; does not deceive, cheat or steal; and be reliable. Giles and Regas were telling lies and keeping secrets as they broke the rules of the firm and cheating on promises made Giles and Regas have a personal responsibility for their actions. It may be argued that they are not responsible for their feelings, but they are responsible for acting on their feelings. Being responsible
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Chapter 1 Ethical Reasoning: Implications for Accounting Ethics Reflection PENN STATE CHILD ABUSE SCANDAL: A CULTURE OF INDIFFERENCE What motivates an otherwise ethical person to do the wrong thing when faced with an ethical dilemma? Why did Joe Paterno and administrators at Penn State University look the other way and fail to act on irrefutable evidence that former assistant football coach Jerry Sandusky had raped and molested young boys, an offense for which Sandusky currently is serving
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According on that, there are facing dilemma of truth in accounting between justification of standard setting and justification of auditing. Difference researcher, have a difference opinion. According to Macintosh (2002), decision usefulness as defined by FASB is myth and truthfulness as defined by AICPA is a reality. Another researcher, Moore (2009) characterized the economic reality the FASB set out to show a myth. Other than that, Williams and Ravenscroft (2010) argue that decision usefulness
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Institution | Degree(s) or Diploma(s) obtained | 1) Alzaem Alazhari University | PHD in Accounting (Pending) | 2) AABFS | Master of Financial Management | 3) IMA | CMA (Certified Management Accountant) | 4) IHRAM | CHRE (Certified Human Resources Expert) | 5) American Society for Training of Trainers | CPT (Certified Professional Trainer) | 7. Language skills Language | Reading | Speaking | Writing | English | Fluent | Fluent | Fluent | Arabic | Native | Native | Native |
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6 7, 8 5, 7 1 Topic Users of accounting information Components of internal control Inexact or approximate measures Standards for the preparation of accounting information FASB conceptual framework PCAOB COSO Professional certifications in accounting AICPA code of professional conduct Personal benefits of accounting skills Skills Analysis Analysis Analysis, judgment Analysis Analysis Analysis, research Analysis, ethics Analysis Analysis, ethics Analysis Exercises 1.1 1.2 1.3 1.4 1.5 1
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✓ Materials Needed Performance Measurement & Control Systems for Implementing Strategy: Text and Cases, by Simons, Robert. Prentice Hall, ISBN #0-13-234006-2 Cases in Management Accounting & Control Systems 4th Edition, by Allen, Brownlee, Haskins and Lynch, Pearson-Prentice Hall, ISBN #0-13-570425-1 Freakonomics: A Rouge Economist Explores the Hidden Side of Everything, by Steven D. Levitt and Stephen J. Dubner, Harper Collins, ISBN#0-06-073132-X ✓ University Communication with Students
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6 7, 8 5, 7 1 Topic Users of accounting information Components of internal control Inexact or approximate measures Standards for the preparation of accounting information FASB conceptual framework PCAOB COSO Professional certifications in accounting AICPA code of professional conduct Personal benefits of accounting skills Skills Analysis Analysis Analysis, judgment Analysis Analysis Analysis, research Analysis, ethics Analysis Analysis, ethics Analysis Exercises 1.1 1.2 1.3 1.4 1.5 1
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accounting. LO7: Explain why ethics and standards of ethical conduct are important to accountants. PROBLEMS A1, B1 28, 29, 33 39, 40, 42 55 A2, B2 32 45 53 41, 43 A1, B1 30, 31, 34, 35, 39, 42, 44, 46 36 54 A3, B3 37, 38 47, 48, 49 51, 52, 55 Copyright ©2014 Pearson Education, Inc., Publishing as Prentice Hall. 1 CHAPTER 1 Managerial Accounting, the Business Organization, and Professional Ethics 1-A1 (10-15 min.) Information is often useful for
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