. Which of the following is the global organization for the accountancy profession dedicated to serving the public interest by strengthening the profession? a. FASB b. CMA c. CIMA d. IFAC

Q: hy is there a need for an organization to consider the opinion of its stakeholders? and summarize…

A: Answer: Stakeholder: A stakeholdeer has a vested interest in a company and can either affeect or be…

Q: Which body appoints the members of International Accounting Standards Board (IASB) that make the…

A: International Accounting Standards Board (IASB) is a board which prescribe International Financial…

Q: State 20 Ethical Related Issues in Business and proposed suitable solutions for the identified…

A: Ethical issues in business can be identified and addressed by adequate compliance policies adopted…

Q: Which one of the following code of ethics, shows the way to professional accountant to comply with…

A: Code of ethics are referred to as the set of rules that are being provided to the professional so…

Q: internal auditors.

A: Statement I is correct because without independence, the job of the internal auditors will become…

Q: general safeguards, to offset the Threats to Fundamental Principles of professional ethics?

A: Option a is wrong because continuing professional development requirements are to be complied with…

Q: Which of the following types of reporting does the Triple Bottom Line not incorporate? management…

A: Triple Bottom Line theory says, there should be three bottom line profit, people and the planet.

Q: ow can SMEs demonstrate awareness of social responsibility, cultural diversity, and function both…

A: Corporate social responsibility (CSR) refers to a self-regulating business model that makes the…

Q: 1. Describe the Existing Board of IFRS (IASB members and the role of them) 2. In detail, what's the…

A: 1. The IFRS is a non-profit public-funded organization which established to develop set high quality…

Q: The regulatory body responsible for serving the public interest by strengthening the profession and…

A: The IASB seems to be the standard-setting organization of the IFRS Foundation, an autonomous,…

Q: 49-is an independent standard-setting body that develops an internationally appropriate code of…

A:

Q: IFAC guidelines professional accountants should contribute to the growth of indi

A: First option is wrong because by contributing to the growth of companies and society, IFAC intends…

Q: What is the AICPA's Code of Professional Conduct  and give some examples

A: AICPA stands for American Institute of Certified Public Accountants. It is the national premier…

Q: refers to a culture that is open, honest and communicate the values of the organization to persons…

A: Ans. The culture set by board of directors, audit committee and corporate officers throws a great…

Q: (a).  State and explain five (5) reasons why you feel public Sector Organizations should still exist

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Referring to the professional standards (AU-C 210), what is BDO’s responsibility with respect to…

A: BDO is Binder Dijker Otte, its basically a set of  world networks used for the processes of public…

Q: AICPA is a professional accounting body offering a CPA qualification. What is the abbreviation of…

A: AICPA is the organization in America representing the CPA profession in the United States.

Q: Which of the following term is related to the compliance of business ethics? O a. Public image O b.…

A: The entity needs to comply with their business ethics for long term growth and focus on both…

Q: Summarize your thoughts on the Zelf articles. (1-2 paragraphs). Do you regard the CPA profession as…

A: A Certified Public Accountant provides professional service to its clients. They generally provide…

Q: 41 Select the one, that is considered as various forms of regulation in a business organization:…

A: Regulations are rules made by a government or other authority in order to control the way something…

Q: many entities at present, outside the financial statements, reports and statements such as…

A: As per IAS 1, many entities prepare and present environmental reports and value added statements…

Q: 2. [Civil Society and Business] Using appropriate examples, critically evaluate the pros and cons of…

A: Investment means engaging your funds to generate income for the future. There are various…

Q: From the options given below find the reason/s to regulate the inefficiency in accounting profession…

A: Inefficiency in accounting profession means taking undue advantage in maintaining official records…

Q: Identify and explain TEN (10) technological advancement that will be able to assist the roles of…

A: Accounting: It is the process of recording, classifying, summarizing all transactions of a business…

Q: In order to make effective and timely decisions in an organization, there should be a system of…

A: Solution: In organization, day to day operations are monitored and managed by Board of directors…

Q: Which among the following are the reasons why regulation of the accounting profession is essential?…

A: Following is the answer to the given question

Q: 5. Which of the pairings below related to measurement focus and basis of accounting IS correct for…

A: Nonprofit entities are those entities which are established not for the purpose of profit but for…

Q: organizations create a culture of honesty, openness, an

A: Introduction: A group of people who come together to accomplish a common goal is referred to as an…

Q: cording to Dalls (2004) among the framework for understanding corporate governance mechanisms in…

A: Answer: According to (Dallas),2004 framework of corporate governance , International accounting…