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<strong>ACC</strong> <strong>557</strong> Week 2 Individual Assignment Procedures To Collect Accounting<br />

Evidence<br />

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<strong>ACC</strong> <strong>557</strong> Complete <strong>Course</strong><br />

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<strong>ACC</strong> <strong>557</strong> Week 6 Individual Assignment Economic and Ethical Issues of<br />

Pricing<br />

As a CPA you are in charge of a small tax advisory firm providing services to<br />

individual taxpayers, a substantial group of whom is high-wealth. Your firm is<br />

experiencing new pressures from the changing marketplace. New, non-CPA<br />

market competitors and competition from do-it-yourself tax-preparation software<br />

packages have had a negative effect on your bottom line. Because of these<br />

pressures, you are looking at ways to reduce costs. To expand your business and<br />

continue successfully you must consider employing non-CPAs.<br />

Write a 700- to 1,050-word paper explaining economic issues that bring concern to<br />

pricing your services and products. What ethical challenges will you face in hiring<br />

non-CPAs? What standards apply?<br />

Format the paper consistent with APA guidelines.<br />

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<strong>ACC</strong> <strong>557</strong> Week 6 DQ 2<br />

Are ethics important to the accounting profession? Explain your answer.<br />

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<strong>ACC</strong> <strong>557</strong> Week 6 DQ 1<br />

If, as an accountant, you had the option of working with only one of the boards,<br />

FASB, GASB, or IASB, which one would you choose? Explain your reasons.<br />

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<strong>ACC</strong> <strong>557</strong> Week 5 Learning Team Assignment Internal Policies<br />

Your firm must establish internal policies regarding the creation of business<br />

contracts as well as electronic communications (e-mail) including document<br />

retention.<br />

Draft the internal policies as a team. The policies should be clear and include a set<br />

of procedures.<br />

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<strong>ACC</strong> <strong>557</strong> Week 5 DQ 2<br />

Would it ever be beneficial for an accountant to include ethical standards in a<br />

contract? Explain. How about in an information technology system? Explain.<br />

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<strong>ACC</strong> <strong>557</strong> Week 5 DQ 1<br />

Does today’s information technology environment help or hinder ethical actions<br />

within an organization? Explain.<br />

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<strong>ACC</strong> <strong>557</strong> Week 4 Individual Assignment Ethics of Penn Square Bank and the<br />

Dow Corning Bankruptcy<br />

Resources: This week’s Electronic Reserve Readings<br />

Agree to your Week 5 Learning Team Charter<br />

Conduct additional research, and then answer each question in two 350- to 700-<br />

word responses:<br />

Penn Square Bank: What were the ethical pressures on the firm concerning<br />

documentation, credit extension, and revenue recognition that lead to the final<br />

collapse? What should have been done to reduce or offset these pressures?<br />

Dow Corning Bankruptcy: What were the business’ ethical challenges involved in<br />

filing bankruptcy for Dow Corning? Analyze the actions of the two parent<br />

companies, Dow and Corning, that represent the largest ethical issues.<br />

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<strong>ACC</strong> <strong>557</strong> Week 4 DQ 2<br />

Distinguish between ethical and unethical behavior in a bankruptcy setting.<br />

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<strong>ACC</strong> <strong>557</strong> Week 4 DQ 1<br />

Explain ethical challenges an accountant could face in recognizing revenue for a<br />

firm. How could these challenges be addressed?<br />

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<strong>ACC</strong> <strong>557</strong> Week 3 Learning Team Assignment Ethical Challenges and Agency<br />

Issues<br />

Resource: Cost Management<br />

Read the following case studies from the text:<br />

Timely Reporting of Budget Problems Case Study on pp. 388 & 389 (Ch. 10).<br />

Level of Executive Pay Case Study on pp. 605-607 (Ch. 15).<br />

Write a 700- to 1,400-word paper, analyzing the ethical challenges as well as any<br />

agency issues. In the same paper, explain how the 1933, 1934, and SOX Acts were<br />

reactions to financial crises arising from similar challenges.<br />

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<strong>ACC</strong> <strong>557</strong> Week 3 DQ 2<br />

Explain what ethical issues SOX has helped with and where improvement is still<br />

necessary.<br />

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<strong>ACC</strong> <strong>557</strong> Week 3 DQ 1<br />

Explain several ethical challenges one could incur when measuring performance<br />

within an organization.<br />

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<strong>ACC</strong> <strong>557</strong> Week 2 DQ 2<br />

Is elastic or inelastic demand better for a supplier’s profitability? Explain


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<strong>ACC</strong> <strong>557</strong> Week 2 DQ 1<br />

Assuming the consumer is rational, how can utility affect their economic<br />

decisions? Does utility lead to more or less customer satisfaction? Why or why<br />

not?<br />

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<strong>ACC</strong> <strong>557</strong> Week 1 Individual Assignment Ethics Case Study<br />

Write a 350- to 700-word paper explaining the following:<br />

Given the current pressures on China, Jamaica, and America expressed in the<br />

article, how would ethics play a role in decision making for financial,<br />

environmental, and cultural issues?<br />

How are the concepts of positive and normative economics reflected in this<br />

context?<br />

How do market efficiency, economizing, and the market system affect these ethical<br />

issues?<br />

Format the paper according to APA standards.<br />

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<strong>ACC</strong> <strong>557</strong> Week 1 DQ 2<br />

If resources became freely available in unlimited quantities, would there still be a<br />

need for economics?<br />

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<strong>ACC</strong> <strong>557</strong> Week 1 DQ 1<br />

Can market efficiency evolve on its own without government intervention? Why<br />

or why not? What role do ethics play in market efficiency?<br />

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