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Analyze the primary accounting issues which form the crux of the
litigation or fine for the firm, and indicate the impact to the firm
as a result of litigation or fine. Provide support for your rationale.
Examine the key inferences of corporate ethics related to internal
controls and accounting principles which lead to the litigation or
fine for the accounting firm.
Evaluate the primary ethical standards of the accounting
organization’s leadership and values which contributed to
approval of the accounting issues and thus created the litigation
or fines in question.
Identify specific conduct violations committed by the organization
and accounting firm in question. Next, create an argument
supporting the actions against the organization and accounting
firm, based on the current professional code of conduct for
independent auditors and management accountants.
Make a recommendation as to how regulators and professional
societies may prevent this type of behavior in question for the
future. Provide support for your rationale.
Use two (2) quality academic resources in this assignment. Note:
Wikipedia and other Websites do not qualify as academic
resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12),
with one-inch margins on all sides; citations and references must
follow APA or school-specific format. Check with your professor
for any additional instructions.
Include a cover page containing the title of the assignment, the
student’s name, the professor’s name, the course title, and the
date. The cover page and the reference page are not included in
the required assignment page length.
The specific course learning outcomes associated with this
assignment are:
Analyze business situations to determine the appropriateness of
decision making in terms of professional standards and ethics.
Use technology and information resources to research issues in
accounting.