Questions from Accounting Ethics

Q: Organizational culture can influence moral behavior. Explain how this might work

Organizational culture can influence moral behavior. Explain how this might work and lead to a defense of subordinates’ behavior we might call “They made me do it.”

Q: What are the indicators that occupational fraud might exist? Explain.

What are the indicators that occupational fraud might exist? Explain.

Q: According to the 2020 Global Study on Occupational Fraud and Abuse,

According to the 2020 Global Study on Occupational Fraud and Abuse, a tip is the most common way to report fraud. What should be the ethical considerations for employees before deciding whether to blo...

Q: Explain how internal auditors’ sensitivity to ethical dilemmas might be influenced by

Explain how internal auditors’ sensitivity to ethical dilemmas might be influenced by corporate governance mechanisms.

Q: What is the role of the board of directors in developing an

What is the role of the board of directors in developing an ethical organization culture?

Q: Explain the difference between the “realistic possibility of success” tax

Explain the difference between the “realistic possibility of success” tax standard for taking a tax position under SSTS Interpretation No. 101-1 and the “reasonable basis” standard. When should each b...

Q: Barbara Houston is a CPA with her own accounting and tax practice

Barbara Houston is a CPA with her own accounting and tax practice. One day an audit client asks her to represent him in a conference with the IRS about her prior years’ tax return. It seems the IRS is...

Q: Lloyd Schuman, a former senior internal auditor at Verso Corporation,

Lloyd Schuman, a former senior internal auditor at Verso Corporation, learned about confidential plans that Verso, a publicly traded paper company, was going to acquire a privately held paper company,...

Q: Do you believe that CPAs in business should be held to the

Do you believe that CPAs in business should be held to the same high ethical standards as CPAs in public practice? Why or why not? Include in your discussion how those standards would apply to CPAs in...

Q: In the study of earnings quality by Dichev et al., CFOs

In the study of earnings quality by Dichev et al., CFOs stated that “current earnings are considered to be high quality if they serve as a good guide to the long-run profits of the firm.” Discuss how...