- Read sections 1,2,3 and 4 of the following Ethics Packet provided by the textbook publisher:
- KimAcct_5e_BHT_Ethics Packet Download KimAcct_5e_BHT_Ethics Packet provided by the textbook publisher.
- Answer these questions in the discussion post (50 points):
- Before reading these sections, were you aware of the accounting profession’s emphasis on professional codes of conduct and strict adherence to ethical standards? If so, please provide a brief explanation of your understanding? If not, what impressions about the accounting industry have you drawn over time as it relates to ethical behavior?
- What are the AICPA’s six principles of professional conduct for licensed Certified Public Accountants (CPAs)? Include definitions…
- Of these six principles, which quality do you most want your CPA to have? Why?
- Do you think it is reasonable and/or realistic to assume that a licensed CPA will be able to exhibit all of these principles / codes of conduct simultaneous, 24/7, while serving the public? Why or why not?
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