Abc Land Development Case Summary

When auditing a publicly held company, auditors need to observe principles. The ethical principles of the American Institute of Certified Public Accountants (AICPA) Code of

| (TCO A) An AICPA committee in 1986 broke forensic accounting into two broad areas:

The five fundamental ethical principles of the Australian Accounting Profession as listed in APES 110 Code of Ethics of the Australian Accounting Profession are integrity, objectivity, and professional competence and due care, confidentiality and professional behaviour.

This programme accentuates the enhancement of the CA (SA) professional by persistently developing the standards governing the CA (SA) profession. The programme also focuses on legal and corporate governance; which aim at aligning social and economical standards; secures that the CA (SA) profession is accountable and affiliated with the interest of individuals; corporations and the society (South African Institute of Chartered Accountants, 2014). These regulations also safeguard the use of the accounting standards, as will be inspected in the succeeding

Source A is reliable but does not fully support the assertion. Source A, taken from a British-based research in 1997, intends to show how Mao’s preventive healthcare measures improved the peasants’ quality of life but “sparrowcide” had resulted in people having lesser grain as they were eaten by insects. Source A states that Mao had implemented the measures such as “basic healthcare and preventive services”, closing brothels and running campaigns against opium use to bring diseases and vices under control. However, by eradicating the sparrows in the Four Pests Campaign, “the insects ... now devoured the grains instead”.

Accountants are held to a higher ethical standards and they must performed their duties in compliance with standards or ethical values of honesty, integrity, objectivity, due care, confidentiality, which must be fully committed to. They must put clients or public interest first before their own. They must have and ethical values and maintain those values way beyond what the society or the company’s code of ethic. It is important that accountants’ behavior or ethical values is in conformity with the

1. The land-grant program has shown it's flexibility that even though the program is much different than a century ago, the mission has not changed. There will always be a need to have education for agriculture, mechanical arts, and FACS because those are foundational parts or our society. The way the programs are implemented might change, but the different programs offered and overall goals of the program will not. The only way it may change in the future would be to implement more technology based programs.

The Model of Trust Enhancement was established to enhance and maintain the public’s trust in the accounting profession. Over the last two decades, the ethics of the accounting profession has been questioned and public trust destabilized, in particular for auditors, due to the Enron debacle. The fact that an auditing firm would assist their clients with publishing an inadequate set of financial statements shows their willingness to violate laws and regulations (Sims & Brinkmann, 2003). According to the textbook, “Because trust is essential, even the appearance of an accountant’s honesty and integrity is important. The auditor, therefore, must not only be trustworthy, but he or she must also appear trustworthy” (Duska, Duska & Ragatz, 2011, p. 116). The majority of statements filed inadequately have a substantial impact on the credibility of the accounting profession as a whole. Sullivan (n.d.10) states that a CPA must possess a high level of trust, by applying professional judgment and enhancing the three trustworthy characteristics (ability, benevolence, and integrity) when resolving accounting ethics dilemmas (slide 3).

AICPA Code of Professional Conduct principles prevents vises such as fraud that are experienced in accountancy field. Audit is the best measure of the effect of the fraud that are imposed to investors by accountants. The relationship of the investors and account holders are supposed to be affirmed through auditing to ensure accounting principles are upheld(Weirich, Pearson, & Churyk, 2010). Improper loss of the funds through propagation of the accountant officer should be treated as fraud and criminal activity that should lead to prosecution. Therefore, the paper seeks to relate two fraud cases that have been audited and presenting AICPA Code of

In the present day forensic accounting plays a huge role in many of the court cases publicized by the media. With the spotlight on the profession, this is a good opportunity to discuss the following topics:

Ethics in any industry is important, but for Accounting professionals and those in need of their services, it is a particularly stressed element. Information provided by accountants is used to make major decisions, including investing, downsizing, expanding, etc, so accountants are expected to be competent, reliable, and have a high degree of professional integrity. Because of these high expectations, the professional accountancy industry, like many other professions, has adopted professional codes of ethics (Woelfel, 1986). These ethical codes go above and beyond the requirements for state or federal laws and regulations. There are several professional organizations within the

Imagine trusting your hard-earned money like your retirement savings to a financial adviser or Certified Public Accountants (CPA) only to lose it all in a fraudulent Ponzi scheme. In today’s world of business many organizations, financial planners and accountants are in the news due to the financial ethical breaches that have affected their customers, employees, and the general public. A CPA has to be responsible for their audits and take any punishments as a result of their mistakes, incompetence or illegal actions. CPAs are expected to have integrity in their work,

There are many different avenues that one could take in the field of accounting. It is a lucrative career with many areas of interest to be followed. I have chosen Forensic Accounting to further review and research. This paper will define forensic accounting, describe what it takes to be a forensic accountant, give some statistics about forensic accounting, and give my feedback on this potential career path.

Another great use for drones in field of land development is for conceptual site plans. Too often we find ourselves trying to decipher a pixelated Google Earth map that hasn’t been updated in the last couple of years. This is especially handy when looking at redeveloping sites, since there is often not much original design information available from the seller or local jurisdictions. The two images below are aerial shots taken above the same site. The image on the left is from Google Earth, and the image on the right is from a drone with a 12 MP camera. It is much easier to spot the true current condition of the lot from the drone image, and from that we can get a better understanding of

witnesses also are included in the case. The primary issue in this case (drawn from actual