affected due to the lack of ethicality in their culture and employees that will eventually lead the company to misstate its financial statements. Given that the name of the course is “Ethics in Financial Reporting and Accounting,” I think this book gave an excellent overview of how to avoid financial troubles when working for a public company or a professional services firm. While I think every chapter provided important ethical concepts to be taken into consideration when working in a professional
professional services by members. The Principles (Section One) guide members in their professional responsibilities. They are categorized in 6 Articles/ precepts: Article 1 Responsibilities Members should work collaboratively to assist each other in carrying out their accounting responsibilities and should do so in a moral way. Article 2 The Public Interest All members of the American Institute of Certified Public Accountants are expected to be objective and above personal gain in their
During the Transportation Leadership Panel Discussions held on the afternoon of October 13th, Mr. Craig R. Lentzsch stated that innovation is coming to the public passenger transportation industry and that disruptive change will result. Mr. Lentzsch is one of the most experienced passenger transportation leaders in the U.S. Currently, he holds a number of positions including advisor, director, and operating partner for a variety of firms. Mr. Lentzsch also serves as the Executive Chairman of All
Evaluation of McLean Hospital’s Mission, Vision, and Values Statements Simply put, a mission statement is why an organization exists, while the vision statement depicts what the organization hopes to become in the future, and values define the expected cultural norms of employees’ behavior for fulfilling its mission and vision (Ginter, Duncan, & Swayne, 2013, p.167). For these statements to serve their function, they should be concise, memorable, and consistent with the current practice. This essay
AICPA Code of Professional Conduct Composition, Applicability and Compliance The Code of Professional Conduct of the American Institute of Certified Public Accountants consists of two sections—(1) the Principles and (2) the Rules. The Principles provide the framework for the Rules, which govern the performance of professional services by members. The Council of the American Institute of CPAs is authorized to designate bodies to promulgate technical standards under the Rules, and the Bylaws
The Impact of Service Learning on Residency Interviews ABSTRACT PURPOSE When applying for residency, students must distinguish themselves from other applicants. A narrative based on service learning experiences, with its implication of commitment to service, has become an “emerging gold standard” in residency personal statements. The aim of the study is to investigate how a narrative focused on the benefits of service learning in residency personal statements influence the resident selection
The following are the major findings of the report: 1. It is evident from personal observation and also from the analysis of 5.1,5.2,5.3 and5.4 that: • Almost 95% of the people in Guwahati have their accounts in State Bank of India. This is because everyone has the stereotype that State Bank of India is the best amongst all the banks. • The younger generation people are comfortable in banking with the privatized banks while the elder generation seems to be comfortable with the nationalized banks
Sarbanes-Oxley Act contains 11 titles, which provide the specific guidelines and regulations for financial reporting. The titles are: Public Company Accounting Oversight Board (PCAOB), Auditor Independence, Corporate Responsibility, Enhanced Financial Disclosures, Analyst Conflict of Interest, Commission Resources and Authority, Studies and Reports, Corporate and Criminal Fraud Accountability, White Collar Crime Penalty Enhancement, Corporate Tax Returns and Corporate Fraud Accountability. The introduction
______________________________________________ EXCELLENT CUSTOMER SERVICE FOR THE PUBLIC SERVICE Learner Guide COURSE INTRODUCTION Purpose of the programme The South African government is committed to continually improve the lives of the people of South Africa, through a transformed Public Service, which is representative, accountable, transparent, efficient, and responsive to the need of all. In light of this, the Public Service will be judged by one criterion, “its effectiveness in delivering services that needs of all South
functions of Public Health were established by a report put out by the Institute of Medicine. These three core functions, which are assessment, policy development, and assurance, began the process of describing the condition of public health (Office for State, Tribal, Local and Territorial Support. Centers for Disease Control and Prevention, 2014). Out of this report, a statement called “Public Health in America” began. The intent of the statement was to establish a vision and mission for public health