Question.3171 - Submit a 1,000-1,100-word paper that identifies and discusses the legal, ethical, and technological concerns of the accounting and financial reporting of businesses.
Answer Below:
Legal xxxxxxx and xxxxxxxxxxxxx Concerns xx the xxxxxxxxxx and xxxxxxxxx Reporting xx Business xxxxxxxxxx and xxxxxxx are xxxxxxxx as xxx life xxxx of xxx business xxxxxxxxxx has xxxxxxx been xxxxxx as xxx language xx the xxxxxxxx and xxx basic xxxxxxxx of xxx language xx to xxxxx as x means xx communication xxx accounting xxxxxx this xxxxxxxx as xx communicates xxx results xx business xxxxxxxxxx to xxxxxxx parties xxx have xxxx stake xx the xxxxxxxx such xx the xxxxxxxxxx of xxx business xxxxxxxxx investors xxxxxxxxxx in xxx business xxxxxxxxxx and xxxxx agencies xxxxxx accounting xx generally xxxxxxxxxx with xxxxxxxx but xx is xxx only xxxxxxxx which xxxxx use xx accounting xxxxxxx like xxxxxxxxxx Government xxx any xxxxx individuals xxxx make xxx of xxxxxxxxxx Accounting xxxxx has xxxxx in xxxxxxxxxx and xxxxxx in xxx structure xxxx the xxxxxxxxx of xxxxx industrial xxxxxxxxxxxx Accounting xx known xx a xxxx of xxxxxxxxx the xxxxxxxx problems xxxxx the xxxxxxxx organization xxx have xx face xxxxxxxxxx is xxxxxxxxx and xxxxx with xxx process xx recording xxxxxxx and xxxxxxxxxxx the xxxx results xxxx business xxxxxxxxxx and xxxxxx Finance xx regarded xx the xxxxxxx system xx the xxxxxxxx organization xx it xx required xx run xxx business xxx for xxxxxxxxx of xx Thus xxxxxxxxxxx of xxxxx ethical xxx technological xxxxxxx in xxxxxxxxxx and xxxxxxxxx reporting xx business xxx become xxxxxxxxx The xxxxxx holds xxxx important xxxxxxxx in xxx business xxx it xx recently xxxxxxxx as xxx sensitive xxxxx owing xx sensational xxx corporate xxxxxxxx that xxx occurred xx various xxxxxxxxx causing xxxxxx damages xx the xxxxxxx and xxx society xx large xxxxx corporate xxxxxxxx which xxx occurred xx the xxxxx of xxxxxxxx and xx has xxxxxx question xx the xxxxxxxx of xxxxxxxxxxx in xxxxxxx terms xxx accountants xxx actively xxxxxxxxxxx in xxx business xxxxxxxxxxxx It xx believed xxx regarded xxxx the xxxxxxxxxxx have xxxx the xxxx contributors xx the xxxxxxxxxxx in xxxxxxxxxxx ethics xx the xxxxxxxx ldquo xxxxxxxxxxxxx Federation xx Accountants xxxx in xxx research xxxxxx titled xx lsquo xxxxxxxxxx public xxxxxxxxxx in xxxxxxxxx reporting xxxxx an xxxxxxxxxxxxx perspective xxxxx issued xx the xxxxxxxxx of xxx collapse xx Enron xxx WorldCom xx concluding xxxx financial xxxxxxxx experienced xx the xxxxxx times xxxx symptoms xx deeper xxxxxxxx and xxxxxxxxxx that xxxxxxxxxxx of xxxxxxx standards xxxxxxxx of xxxxxxxxx management xxxxxxxxx mechanisms xxxxx quality xxx strengthening xx governance xxxxxxx as xxxxx to xxxxxxx public xxxxxxxxxx in xxxxxxxxx reporting xxxxx Dellaportas x Gibson x Alagiah x Hutchinson x Leung x and xxxxxxx D x Ethics xxxxxxxxxx and xxxxxxxxxxxxxx The xxxxxxxxxx of xxxxxxxxxx carries x great xxxxxxxxxxxxxx towards xxx business xxxxxx and xx aims xx bringing xxx uniformity xx the xxxxxxxx Therefore xxxxx ethical xxxxxxx of xxxxxxxxxx professionals xxx become xx important xxxxx It xx very xxxxxxxxx for xxxxxxxxxx professionals xx be xxxxxxx in xxxxx practices xxxxxxx of xxx obvious xxxxxx of xxxxx profession xxx nature xx accounting xxxx demands xxxx ethics xxx responsibility xxx it xxxx puts xxxx in x special xxxxxxxx of xxxxx and xxxxxxxxxx and xxx greater xxxxxxxxx crops xx in xxxxx profession xx relation xx their xxxxxxx employers xxx the xxxxxxx public xx large xxxxxxx they xxxx faith xx the xxxx of xxxxxxxxxx and xxxx even xxxx on xxxxx professional xxxxxxxx which xxx been xxxxx by xxxx according xx their xxxxxxxx and xxxxxxxx in xxxxxx decisions xxx the xxxxxxxx organizations xxxxx decisions xx return xxxxxx the xxxxxxx of xxxxxxxxxx of xxxxxxxxx of xxx economy xx they xxx not xxxx effectively xxx efficiently xxx accountants xxx trusted xx the xxxxxx at xxxxx because xx their xxxxxxxxxxxx statues xxx ethical xxxxxxxxx which xxxx along xxxx the xxxxxxx of xxxxx profession xxxx the xxx to xxxxxxxxxxx confidence xx clients xxx the xxxxxx is xxxxxxxxxxxx and xxxxxxx conduct xxxxx should xx given xxxxxxx importance xxxxxxxx and xxxxxxxxxxx of xxxx ethical xxxxxxxxx and xxxx is xxxx important xx a xxxxx public xxxxxxxxxx rsquo xxx who xxxxx professional xxxxxxxx like xxxxxx assurance xxx taxation xxxxxxx or xxxxxxxxxxx to xxx clients xxx a xxx as xxxx as xx an xxxxx accountant xx business xxxxx one xxx is xxxxx in x private xx public xxxxxx organization xx business xxxx for x salary xxxx lsquo xxxxxx accountants xxxxx as xxxx as xxxxx accountants xx business xxxxx are xx a xxxxxxx and xxxxxxxx relationship xx they xxxx very xxxxxxxxx position xx the xxxxxxxx In xxxx kind xx relationship xxxx have xxx responsibility xx carrying xxx their xxxx with xxx sense xx honesty xxxxxxxxxxxx objectivity xxx with xxx care xxx responsibility xxxx are xxxxxxxx to xxxxxxxx the xxxxxxxxxxxxxxx and xxxxxx for xxxxx clients xxx Thus xxxxxxxxxxx as xxxxxxxxxxxxx are xxxxxxxx to xxxxxxxx a xxxxxxxx of xxxxxxx conduct xxxxx goes xxxxxx the xxxx of xxxxxxx This xxx enforced xxx professional xxxxxxxxxx bodies xx develop x code xx professional xxxxxxx which xxxx some xxxxxxxx rules xx standards xxxx distinguish xxx right xxxx wrong xx ensure xxxx the xxxxxxxx of xxxxxxx complies xxxx the xxxxxxxxx expectation xx public xx ethical xxxxxxxxx These xxxxx have xxxx developed xxx improvised xxxxx on xxx lsquo xxxxxxxxxx of xxxxxxxxxxxx conduct xxxxx which xxxx the xxxxx for xxxxxxxxxxxx ethics xxxx Hence xxx involvement xxx participation xx accountants xxxx big xx rather xxxx corporate xxxxxxxx in xxxxxxx times xxxxxx that xxxx have xxx complied xxxx the xxxxxxxx ethical xxxxxxxxx It xx often xxxxxxx that xxxxxxxxxxx rsquo xxxxx or xxxxxx lays xxx much xxxxxx on xxx technical xxxxxx and xxxx or xxxxxx of xxxxxxx sensitivity xx understand xx ensure xxx ethical xxxxxxxx related xxxx their xxxx which xxxxx ultimately xxxx them xx take xx wrong xxxxxxxxx Thus xxxxxxxxxxx should xx given xxxxxxxx to xx sensitive xxxxxx in xxxxxxxxxxx or xxxxxxxxxxx the xxxxx and xxxxxxx dimension xx technical xxxxxx involved xx the xxxxxx of xxxxxxxxxx and xxxxxxxxx reporting xxx Eradicating xxx causes xxx effects xx the xxxxxxxxx Reporting xxxxxxxx various xxxxxxxxxxxxx such xx the xxxxxxxx financial xxxxxxxx of xxx corporate xxxxxxxxxxxx faculty xx AccountsDepartment xxx required xx address xxx shaken xxxxxxxxxx of xxx public xxx the xxxxxxx at xxxxx Steps xxx required xx be xxxxx up xx the xxxxxxxxxx and xxx professionals xx the xxxxxxxxx bodies xxxxxxxxxx environment xx required xx set xx to xxx a xxxxx on xxx scandals xxxxxxx out xx accounting xxx financial xxxxxxxxx problems xxxxxx should xx laid xxxx on xxx concept xx Corporate xxxxxxxxxx so xxxx all xxx aspects xx financial xxxxxxxxx and xxxxxxxxxx are xxxxx the xxxxxxxxx and xxxxxxxxx Governance xxxxx force xx rather xxxxx ensure xxx CEOs xxx the xxxx of xxx companies xx focus xxxxxxxxxx on xxx accuracy xxx clarity xx their xxx company xxxxx s xxxxxxxxx statements xx that xxx big xxxxxxxx are xxxxxxx in xxx future xxxxxxxxxxxx of xxxxxxxxx Oxley xxx focused xx the xxxxxxx of xxx Corporate xxxxxxxxxx after xxx big xxxxxxxx of xxxxx com xxx after xxx year xxxxx was xxxxxxxx as xxx year xx scandals xxxxx aspects xxx Accounting xxx financial xxxxxxxxx are xxxxxxxxxx through xxxxxxx accounting xxx enforcement xxxxxxxx accounting xxxxxxxxxxx guide xx maintain xxx ethical xxx legal xxxxxxxxxxx for xxxxxxxxxx Securities xxxxxxxx Act xx also xxxxxxxxxxx to xxxxxxx the xxxxxxxxx and xxxxxxxxx Accounting xxxxxxxx Board xx also xxxxxxxxxxx to xxxxxxx the xxxxxxxxx of xxxxxxxxxx and xxxxxxxxx Reporting xxxxx to xxxx a xxxx and xxxxxxxxx environment xx the xxxxxxxxx world xxx the xxxxxxxx organizations xxx legal xxxxxxx technical xxxxxxxx should xx maintained xx the xxxxx of xxxxxxxxx reporting xxx accounting xxxxxxxxxx Dellaportas x Gibson x Alagiah x Hutchinson x Leung x and xxxxxxx D x Ethics xxxxxxxxxx and xxxxxxxxxxxxxx Sunden x Gary xxxxxx and xxxxxxxxx Reporting xx a xxxx Enron- xxxxxxxxxxx Jackling xxxxxxx Barry x Cooper xxxxxxxxx Leung xxx Steven xxxxxxxxxxx Professional xxxxxxxxxx Bodies xxxxxxxxxx of xxxxxxx Issues xxxxxx of xxxxxxx Failureand xxxxxx Education xxxxx David xxxxx Auditors xxx TimidMore Articles From English
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