Can you explain with examples a couple of standards of the Code of Ethics that accountants must adhere in Poland?
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Can you explain with examples a couple of standards of the Code of Ethics that accountants must adhere in Poland?
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- What should you tell your friend about the presence of accounting standards in the UnitedStates and the rest of the world? Who has the authority for standard setting? Who has theresponsibility?What are the requirements for all accountants under the International Ethical Standards?What should you tell your friend about the presence of accounting standards in theUnited States? Who has the authority for standard setting? Who has the responsibility?
- What kind of support will Salem provide to his company for the professional accountants ethics code?One of your clients has recently read about the goal of converging to International Accounting Standards and they are concerned about what impact it may have on their company. 1. Discuss some of the costs that a company might incur as part of its converging with International Accounting Standards. 2. Discuss why it might be important to your client to adopt International Accounting Standards even though they are currently only operating domestically throughout the central part of the United States.Why is it important for U.S. accountants to be familiar with IFRS?
- What are the basic code of ethics for an Accountant working in a Multinational Company? Whatcould be possible non- compliance factors for the Accountant, compromising on code of ethics.The CPA Canada Handbook-Accounting is the handbook of Canadian accounting standards. Why do companies in Canada ensure that their financial reporting is consistent with Canadian GAAP? a. Their bank requires them to do so. b. Their auditors require them to do so. c. Reporting under the CPA Canada Handbook-Accounting is required by public compannies boards of directors. d. Compliance with the CPA Canada Handbook-Accounting pronouncements is usually required by many legal statutes.Which International body issued the Code of Ethics for Professional Accountants? a. IESBA b. IFRS c. IAASB d. GAAP
- Do you think one set of accounting standards is feasible for the entire world, given the fact that accounting rules are influenced by social,cultural, economic and legal environment of a country. Does US support the idea of single set of accounting standards throughout the world.By using Hofstede's cultural dimension index in Exercise 4 of Chapter 2 and Gray's accounting values in Chapter 2 to discuss implications for American internal auditors who have to audit subsidiaries of a U.S. parent in Sweden, Korea and Brazil.Discuss:(1) the impact of Hofstede's cultural dimensions on relevant accounting values (conservatism, secrecy and level of disclosure) of accountants in these three countries, and(2) what American parent company and their internal auditors should do to cope with the impact of these accounting values on financial reporting of these subsidiaries.Compare the duties and personal liabilities of directors and officers of a company within the United States and the EU
