Why are future accountants learning about environmental hazards and controls?

Q: What is the ethical dilemma you face? What are the ethical considerations? Consider your options a

A: Solution- An ethical dilemma (ethical paradox or moral dilemma) is a problem in the decision-making…

Q: You are the manager of an oil company, and safety/environmental issues are an important part of the…

A: The importance of safety measures and environmental regulations can be gauged from the BP oil spill…

Q: Explain the following in simple words or explanation: Would scenario planning cause the company to…

A: Scenario analysis or scenario planning is defined as the method that describes the strategic…

Q: Which of the following statements aligns with legitimacy theory? Companies will voluntarily disclose…

A: A business operates in a society and hence the business is responsible for the good of society.…

Q: Explain the relevance of law to accountants in their capacity as business owners. Include any…

A: The importance of the role of professional accountants in business in ensuring the quality of…

Q: What is sustainability accounting and why has the practice of sustainability reporting (and…

A: Sustainability Accounting: It is a method used by organizations to become more sustainable and both…

Q: Discuss the importance of professional ethics for the Accountant and auditors?

A: Ethics are the set of values which can be shown in a human’s behavior everywhere he goes. Ethics can…

Q: There are many possible risks involved in becoming a whistle blower. Demonstrate on how managers or…

A: Becoming a whistle blower is always fraught with different risks and these risks can have long term…

Q: What could be the possible implications in the sustainability of company who did not undertake any…

A: Meaning of CSR  Corporate Social Responsibility (CSR) is any action a corporation does to benefit…

Q: Different businesses respond in different ways, ranging from reactive stances through to more…

A: The reactive stance manages the issues once they emerge or being encountered, without appropriate…

Q: Which of the following is LEAST likely to be a role played by accountants in the SDLC? O Internal…

A: Solution: Following roles are played by accountants in SDLC: 1. Internal auditor of the new AIS 2.…

Q: “Knowledge of technical issues such as computer technology is a necessary but not sufficient…

A: Meaning of management Accounting:

Q: Explain how whistleblowers can contribute to a company's ethical behaviour?

A: Whistleblowers contribution to companys ethical behaviour: Whistleblower:  whistleblowing means…

Q: How would an investor communicate to clients their ethical and professional standards when managing…

A: According to CFA institute, six guidelines related to the code of conduct is laid out in the Code of…

Q: Environmental Financial Reporting, Ecoefficiency, Improving Environmental Performance The following…

A: An income statement is a financial report that indicates the revenue and expenses of a business. It…

Q: us auditing? What other technologies will be available to make the cost benefit of continuous…

A: Audit Planning: Audit Planning signifies fostering an overall technique and a nitty-gritty…

Q: climate

A: Accounting and auditing square measure key tools to speak reliable climate data to investors and…

Q: As a manager, how would you deal with resistance to change when you suspect employees’ fears of job…

A: Resistance to change is defined as an opposition, which used to alter the situation or modification…

Q: What is the importance of social and environmental issues for a company like Mc Donalds?

A: social and environment issues are the one of the most important issues that affect the company…

Q: Respond to this topic by indicating what you think are the top three ethical problems facing…

A: Bookkeeping: Bookkeeping is the course of recording and coordinating all the deals that have…

Q: Knowledge of technical issues such as computer technology is a necessary but not sufficient…

A: A management accountant helps its supervisors to follow the significant success factor of the…

Q: Explain why accounting students should study Accounting Information Systems?

A: “Since you have posted multiple questions, we will be solving the first question only. In order to…

Q: How might the job of an accountant be redesigned to make it more motivating?

A: Job redesign can be referred to as the process through various elements, processes, tasks and…

Q: It has been said that recent graduates from a business school majoring in accounting and just…

A: Ethics:   Business ethics refers to a set of moral codes and guidelines that governs corporate…

Q: Environmental Financial Reporting, Ecoefficiency, Improving Environmental Performance The following…

A: Considering the nature of the expenses, the cost of engineering design is cost avoidance, and the…

Q: What measures can a management accountant take if existing written policies do not give adequate…

A: The answer:

Q: .)The debacles of Enron, Arthur Andersen, and WorldCom have influenced the ethical environment of…

A: Answer: There has been misconduct in the compliance of the financial statements and hence corporate…

Q: Why is the public’s image of the accounting profession important and how does Ethics for Accountants…

A: Accounting is the presentation of the financial results to show the true and fair view of accounts.…

Q: What the advisory officer do if he didn't success after following the steps or doing reconstruction…

A: The advisory officer is responsible for the identification of areas where improvement can be done…

Q: Why should accountants participate in product design

A: Product design is a process through which the designers of a company assist in designing of products…

Q: "Managers can do a number of things if they’re serious about encouraging ethical behavior" If you…

A: The question is based on the concept of business ethics. Business Ethics explains method to…

Q: Environmental Financial Reporting, Ecoefficiency, Improving Environmental Performance The following…

A: We all are the part of the Environment thus its our duty to keep our environment clean and pollution…

Q: What are the common challenges faced by accountants and auditors while performing their duties?…

A: Accounting is the process of recording the transaction and preparing the financial statements.…

Q: Environmental Financial Reporting, Ecoefficiency, Improving Environmental Performance The following…

A: A partial income statement summaries data for only a portion of a standard accounting period. This…

Q: As future professional accountants, what is your role in promoting and achieving sustainability and…

A: An accountant plays a lead and a crucial role in promoting and achieving sustainability and…

Q: l repor

A: Environmental accounts provide data which highlight both the contribution of natural resources to…

Q: What are some of the immediate disruptions accountants are facing today because of the coronavirus?

A: Major areas for accountants and auditors are maintenance of accounting books, preparation of…

Q: GIVE 3 JUSTIFICATIONS AND ELABORATE YOUR ANSWER

A: Code of Ethics is a set of ethics set for professional to do his/her dulty in more efficient manner

Q: Explain the relevance of law to accountants in their capacity as third parties acting for/on behalf…

A: Professional ethics refers to the ideals, guiding principles, and professional agreed standards of…

Q: As a Professional Accountant, you are regarded as an expert with specialized knowledge acting…

A: Ethical issues: These are the conflicts that arise in a business environment bringing into question…

Q: You are the owner of a software engineering company. Your employees (engineers) want you to let them…

A: This is considered a business decision, as it is not a legal, moral, and ethical judgment. An…

Q: What kind of support will Salem provide to his company for the professional accountants ethics code?

A: The basic motto of these codes is to entrust and ensure compliance with the conceptual framework of…

Q: what should a management board and a supervisory board of a company do before aquiring a new agro-…

A: Acquisition is the combination of another business or company into another company which has…