Question

I have a question. The paper say, " One AICPA requirement after the Enron scandal was...

I have a question. The paper say, " One AICPA requirement after the Enron scandal was the requirement of all
?CPA's to have 4 hours continuing education on ethics every two years. Please provide pros and cons to this requirement." Cons is that they can prevent from making mistakes if they continue education. Is there pros for
?this requirement? I need to write this paper for one page and I don't know what do to. Please help me. Thanks.

Homework Answers

Answer #1

The Pros of the statement are:

1. CPA's get to know more about the ethical dilemmas in the areas of requirement.

2. They get to know how they need to proceed in such cases.

3. They are throroughly educated with the business ethics.

4. They would get the opportunity to share the knowledge from their fellow members.

5. These excercises would be much more valuable to the service they provide to their clients and all in turn would make our economy to grow high.

Cons would be,

1. They would restrict their time on ethical issues only for 4 hours and

2. They would take this as a cumpolsory and mandatory practise and may not take this by heart.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Hi, I am forecasting balance sheet for one company. My tasks is find out if they...
Hi, I am forecasting balance sheet for one company. My tasks is find out if they can balance. If they don't, I have to find out what I can do to balance. For example, if there are more asset than liability, the company can pay dividends. This is the question: At this point, your forecast for the balance sheet will not balance. We now need to make financial policy decisions to balance based on how you have forecast the business...
I'm working in a 6 page research paper and below is the complete list of the...
I'm working in a 6 page research paper and below is the complete list of the paper has to be set up and the required things needed to be included. Can you check to see what is already included on the list and what is missing in my paper. Also, what I need to improve and how? My topic is "The Struggles of Epilepsy". Can you help me with the content (background, empirical research, and hypothesis )? I also need...
111.C.1: How Well Do I Respond to Turbulent Change? Instrument Listed to the right are a...
111.C.1: How Well Do I Respond to Turbulent Change? Instrument Listed to the right are a set of statements describing characteristics in a managerial job. If your job had these features, how would you react to them? Use the following rating scale for your answers: his feature would be very unpleasant for me This feature would be somewhat unpleasant for me I'd have no reaction to this feature one way or another; or it would be about equally enjoyable and...
What role could the governance of ethics have played if it had been in existence in...
What role could the governance of ethics have played if it had been in existence in the organization? Assess the leadership of Enron from an ethical perspective. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among the top Fortune 500 companies, collapsed in 2001 under a mountain of debt...
Question: Assuming that a vaccine is discovered in say 18 months, discuss what might have happened...
Question: Assuming that a vaccine is discovered in say 18 months, discuss what might have happened to the LRAS curve over the period of the COVID crisis. Although the virus has delayed the budget until October …. last week the secretary to the Treasury dropped some big hints on what to expect. In evidence to the Senate committee inquiring into the response to the virus, Dr Steven Kennedy started with the outlook for the labour market. The latest figures from...
Discuss ethical issues that can be identified in this case and the mode of managing ethics...
Discuss ethical issues that can be identified in this case and the mode of managing ethics Enron finds itself in this case. How would you describe the ethical culture and levels of trust at Enron? Provide reasons for your assessment. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among...
Part III – Something's Not Right “It’s good to have you home, honey. I missed you....
Part III – Something's Not Right “It’s good to have you home, honey. I missed you. How was the flight?” Stacey had come to the airport to pick Frank up and she leaned over to kiss him as he climbed into the car with his luggage. “How were the meetings? You look tired,” she added. “The past week was intense and I am exhausted. I thought I would manage some R & R during the trip, but no such luck....
The assignment summary sheets will be submitted week 14 with Test 3. You are to personally...
The assignment summary sheets will be submitted week 14 with Test 3. You are to personally experience the power and satisfaction of developing these skills firsthand and to reflect and write about this experience. Over the years, many students have shared amazingly rewarding experiences as they worked on these skills. The assignment will be evaluated and be weighted as 5% of your final mark (together, they are worth 20% of your mark for Test 3, which is worth 25% of...
PLEASE READ THE ARTICLES ATTACHED AND ANSWER THE FOLLOWING QUESTION. THE ARTICLES ARE BOTH LISTED PLEASE...
PLEASE READ THE ARTICLES ATTACHED AND ANSWER THE FOLLOWING QUESTION. THE ARTICLES ARE BOTH LISTED PLEASE PROVIDE DETAILED EXPLANATIONS. PLEASE WRITE ONE REFLECTION COMBINING BOTH ARTICLES. The purpose of the Article Reflection is to deepen your engagement with the topic of Epidemiology. It will give you the opportunity to reflect on the current real-life epidemiological issues at hand and help to bring meaning to them. ARTICLE 1: A group of students knew they had covid-19. They hosted a party over...
What are 4 key things you learned about the topic from reading their paper? How does...
What are 4 key things you learned about the topic from reading their paper? How does the topic relate to you and your current or past job? Critique the paper in terms of the organization and quality. Team 3 answer questions above. Part I In today’s world we see fear among people when dealing with sexual harassment. This leads to people not reporting sexual harassment. A misconception about sexual harassment is that it’s only about touching and forcing other people...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT