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ACC 557 Tutorials ACC 557 Entire Course ACC 557 Week 1 DQ 1 • ACC 557 Week 1 Individual Assignment • ACC 557 Week 1 DQ 1 • ACC 557 Week 1 DQ 2 • ACC 557 Week 2 Individual Assignment • ACC 557 Week 2 DQ 1 • ACC 557 Week 2 DQ 2 • ACC 557 Week 3 Learning Team • ACC 557 Week 3 DQ 1 • ACC 557 Week 3 DQ 2 • ACC 557 Week 4 Individual • ACC 557 Week 4 DQ 2 • ACC 557 Week 5 Learning Team • ACC 557 Week 5 DQ 1 • ACC 557 Week 5 DQ 2 • Can market efficiency evolve on its own without government intervention? Why or why not? What role do ethics play in market efficiency?
ACC 557 Tutorials ACC 557 Week 1 DQ 2 ACC 557 Week 1 Individual Assignment Ethics Case Study • If resources became freely available in unlimited quantities, would there still be a need for economics? • Write a 350- to 700-word paper explaining the following: • Given the current pressures on China, Jamaica, and America expressed in the article, how would ethics play a role in decision making for financial, environmental, and cultural issues? • How are the concepts of positive and normative economics reflected in this context?
ACC 557 Tutorials ACC 557 Week 2 DQ 1 ACC 557 Week 2 DQ 2 • Assuming the consumer is rational, how can utility affect their economic decisions? Does utility lead to more or less customer satisfaction? Why or why not? • Is elastic or inelastic demand better for a supplier's profitability? Explain
ACC 557 Tutorials ACC 557 Week 2 Individual Assignment Procedures to collect accounting evidence ACC 557 Week 3 DQ 1 • ACC 557 Week 2 Individual Assignment Procedures to collect accounting evidence • Explain several ethical challenges one could incur when measuring performance within an organization.
ACC 557 Tutorials ACC 557 Week 3 DQ 2 ACC 557 Week 3 Learning Team Assignment Ethical Challenges and Agency Issues • Explain what ethical issues SOX has helped with and where improvement is still necessary. • “Level of Executive Pay Case Study” on pp. 605-607 (Ch. 15). • Write a 700- to 1,400-word paper, analyzing the ethical challenges as well as any agency issues. In the same paper, explain how the 1933, 1934, and SOX Acts were reactions to financial crises arising from similar challenges.
ACC 557 Tutorials ACC 557 Week 4 DQ 1 ACC 557 Week 4 DQ 2 • Explain ethical challenges an accountant could face in recognizing revenue for a firm. How could these challenges be addressed? • Distinguish between ethical and unethical behavior in a bankruptcy setting.
ACC 557 Tutorials ACC 557 Week 4 Individual Assignment Ethics of Penn Square Bank and the Dow Corning Bankruptcy ACC 557 Week 5 DQ 1 • Conduct additional research, and then answer each question in two 350- to 700-word responses: • Penn Square Bank: What were the ethical pressures on the firm concerning documentation, credit extension, and revenue recognition that lead to the final collapse? What should have been done to reduce or offset these pressures? • Does today's information technology environment help or hinder ethical actions within an organization? Explain.
ACC 557 Tutorials ACC 557 Week 5 DQ 2 ACC 557 Week 5 Learning Team Assignment Internal Policies • Would it ever be beneficial for an accountant to include ethical standards in a contract? Explain. How about in an information technology system? Explain. • Learning Team Assignment: Internal Policies • Your firm must establish internal policies regarding the creation of business contracts as well as electronic communications (e-mail) inclding document retention. • Draft the internal policies as a team. The policies should be clear and include a set of procedures.
ACC 557 Tutorials ACC 557 Week 6 DQ 1 ACC 557 Week 6 DQ 2 • If, as an accountant, you had the option of working with only one of the boards, FASB, GASB, or IASB, which one would you choose?Explain your reasons. • Are ethics important to the accounting profession?Explain your answer. • In short: yes and I assume that it would not be part of our curriculum if it was not so crucial. Why is it important?
ACC 557 Tutorials ACC 557 Week 6 Individual Economic and Ethical Issues of Pricing • Write a 700- to 1,050-word paper explaining economic issues that bring concern to pricing your services and products. What ethical challenges will you face in hiring non-CPAs? What standards apply? • Format the paper consistent with APA guidelines.
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