By joining the AICPA, members must adhere to six major principles of Professional conduct. Discuss the six principles and how they might relate to your actions in the accounting profession?

Q: Which International body issued the Code of Ethics for Professional Accountants? a. IESBA b. IFRS c.…

A: IESBA: The IESBA's goal is to offer the public interest by establishing ethics standards, such as…

Q: What must an accountant have under the AICPA Code of Professional Conduct?

A: Introduction AICPA -  American Institute of Certified Public Accountants, is a professional…

Q: What is a certification authority, and what are the implications for the accounting profession?

A:

Q: Many professional certifications now have requirements for ethics training. Define ethics. Why does…

A: Ethics training program are the program created by a company to encourage ethical behavior. An…

Q: Many professional certifications now have requirements for ethics training. A. Define ethics. B. Why…

A: Ethical training is the session where the professionals are trained for implementing…

Q: What is meant by the professional designations CPA, CMA,and CIA, and how do these designations add…

A:

Q: Competence as a certified public accountant includes all of the following except:   a Having the…

A: A certified public accountant is a professional and qualified accountant to perform accounting…

Q: 3. Indicate the ten (10) ethical principles of accounting and explain, in your own words, what the…

A: Ethics in accounting refers to fair accounting and compliance with law and rules by the company…

Q: s a prospective member of the accounting profession detail what you consider to be the four (4) most…

A: competent professional accountant in business is considered to be Paramount and invaluable assets…

Q: What are two certifications available for accountants? Briefly explain each certification.

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Q: Respond to this topic by indicating what you think are the top three ethical problems facing…

A: Bookkeeping: Bookkeeping is the course of recording and coordinating all the deals that have…

Q: Under Section 5 of RA 9298, who shall appoint the members of the Professional Regulatory Board of…

A: Republic act NO 9298 was enacted with a view to regulate the accounting practice in the Philippines.

Q: List three professional certifications offered in accounting and the organizations that offer them.

A: Definition: Corporation: The form of business entity ,which is incorporated by state law into a…

Q: What is the most important written document/s in CPA (Certified Public Accountant) Profession? Why?

A: The CPA designation distinguishes licensed accounting professionals committed to protecting the…

Q: What are the requirements for all accountants under the International Ethical Standards?

A: International Ethical Standards are standards set by International ethics standard board of…

Q: Select any five of the Generally Accepted Accounting Principles (GAAP) and describe how each of them…

A: Financial Accounting Standard Board (FASB) is authorized to issue GAAP principles that represent the…

Q: Select one of the following principles of professional conduct to examine in the AICPA Code of…

A: objectivity and independence - objectivity is to being rational while making professional judgement…

Q: For each of the certified public accountants listed below, determine which organization they would…

A:

Q: Write a literature review on the impact of covid-19 on accounting professions.

A: The outbreak of COVID-19 has created a crisis in health, education, & Profession, and other…

Q: How can I answer this question?  "The IFAC Ethical Code of Conduct identifies five main key…

A: Certified Public Accountant (CPA): CPA is the accountant who is certified and licensed to examine…

Q: A number of significant issues face the accounting profession and annual reporting. Select with…

A: The accounting profession is related to creating, maintaining, and updating the accounting record of…

Q: Problem 2: CPA firms are required to have a peer review done if they are members of the American…

A: Peer review refers to the process of reviewing the work of an author, researcher to the scrutiny of…

Q: Which of the following is typically required for entry-level positions in the accounting profession?

A: Since the options are missing, it is assumed that the following are the options: (a) Master's degree…

Q: 5. Discuss the importance of personal competence, professional judgment and ethical behavior on the…

A: i) Importance of personal competence , professional judgement and ethical behavior on the part of…

Q: What professional conduct is outlined by the American Institute of Certified Public Accountants…

A: The American Institute of Certified Public Accounts (AICPA) The American Institute of Certified…

Q: Define certified public accountants.

A: A certified public accountant is an individual who have met a set of educational requirements to sit…

Q: With specific reference to your career ambitions as a professional accountant, reflect on six (6)…

A: Title: Online Clearance framework

Q: Explain the professional ethical responsibility of an accountant and TWO(2) possible courses of…

A: An audit report is issued by the independent accountant that contains the opinion on whether the…

Q: Name the four areas in which standards of ethical conduct exist for management accountants in the…

A: Management Accounting:

Q: Explain the relevance of law to accountants in their capacity as third parties acting for/on behalf…

A: Professional ethics refers to the ideals, guiding principles, and professional agreed standards of…

Q: Which of the following is not a certification for accountants? a.CISA b.CIA c.IRS d.CMA

A: Introduction: Accountant: A person performing  activities like analyzing the companies , auditing ,…

Q: explain each of the 7 reasons why the Code of Ethics exists in accounting. It is inherent to the…

A: Honesty, morality, and integrity are examples of ethical values. These rules are created in…

Q: What requirements are usually necessary to become licensed as a certified public accountant?a.…

A: There are four basic requirements for becoming CPA. These are: 1. Education 2. CPA examination 3.…

Q: Describe two (2) of the fundamental principles from the accountant’s Code of Professional Conduct…

A: Consequentialist is the theory which states that action is good or bad grounded on the outcome. The…

Q: 1 Identify the relevance of “Professional Competence and Due Care” with one of the following…

A: An audit is a process of checking and verifying the books of account and financial information of…

Q: urpose of the Code of Professional Conduct for the accounting profession. What are the six…

A: This Code of Conduct for Professional Accountants (Code) within the Philippines is provided for in…

Q: Which of the following is not a code of ethics for professional accountants? Professional behavior…

A: THE CODE OF ETHICS ESTABLISHES A CONCEPTUAL FRAMEWORK FOR ALL THE PROFESSIONAL ACCOUNTANTS TO ENSURE…