Chapter 1, Problem 14Q

Discuss the ethical issues and challenges that accountants may face in their professional practice and how they can be addressed.

How do you assess at what stage of moral development in Kohlberg’s model you reason at in making decisions? Do you believe your level of reasoning is consistent with what is expected of an accounting professional? How does the stage you indicate relate to the findings of research studies discussed in this chapter about moral reasoning in accounting?

What is the ethical dilemma you face? What are the ethical considerations? Consider your options and responsibilities as assistant controller?

What standards do management accountants follow?

Which of the following is not a code of ethics for professional accountants? Professional behavior Professional competence Objectivity Communication skills

AFTER READING THE CODE OF ETHICS FOR PROFESSIONAL ACCOUNTANTS:      IS THERE REALLY A NEED FOR A CODIFIED SET OF ACCEPTABLE ETHICAL BEHAVIOR? yes or no, justify your answer.    GIVE 3 JUSTIFICATIONS AND ELABORATE YOUR ANSWER

Discuss the importance of ethical behavior in accounting and the consequences of unethical behavior.

Discuss the professional ethics of an accountant

What guidelines do management accountants use?