ACC 375 Complete Class

Question 1

ACC 375 Complete Class

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Answer 1

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Question 2

ACC 375 Week 1 DQ 1

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Explain the concept of utility under the utilitarianism theory. How can a business achieve a level of utility?

Answer 2

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Question 3

ACC 375 Week 1 DQ 2

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What is the connection between justice and utility under the utilitarianism theory? What are a few assumptions and problems with the utilitarianism theory? Explain.

Answer 3

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Question 4

ACC 375 Week 1 Individual Understanding Ethics Matrix

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Resource: Understanding Ethics Matrix located on the student website

Complete the Understanding Ethics Matrix by writing a short paragraph for each theory by considering the following:

Answer 4

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Question 5

ACC 375 Week 2 DQ 1

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Explain the differences among the Financial Accounting Standards Board (FASB), the Securities and Exchange Commission (SEC), and the Public Company Accounting Oversight Board (PCAOB).

Answer 5

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Question 6

ACC 375 Week 2 DQ 2

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What do the concepts of independence and integrity mean to the accounting profession?

Answer 6

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Question 7

ACC 375 Week 2 Learning Team Sarbanes-Oxley Act Training Manual

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Your accounting firm has been hired to consult a privately held company. The company is considering becoming public in the near future. As part of preparing for this transition, they have asked your firm to create training materials they can use to ensure their company aligns to the Sarbanes-Oxley Act. At this point, the company is unsure of what this act really means and how it might affect them.

Answer 7

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Question 8

ACC 375 Week 3 DQ 1

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Review the case study Just Because It’s Legal, Is It Ethical in Perspectives in Business Ethics. How might bankruptcy law provide an outlet for unethical behavior?

Answer 8

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Question 9

ACC 375 Week 3 DQ 2

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Consider the topic of air pollution. Discuss whether a business should go beyond what the law requires. How might a company be rewarded or punished for making an ethical or unethical decision?

Answer 9

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Question 10

ACC 375 Week 3 Individual Ethics Situation 1 Fraudulent Schemes Report

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Your accounting firm has been hired to consult with a small company regarding fraudulent schemes. The company has experienced fraudulent behavior and recently terminated a few employees as a result of unethical behavior, including the theft of cash. They are looking for information regarding common fraudulent schemes surrounding an organization’s inflow of customer payments and outflow of funds. They have indicated that, though they do not have a large staff, they are interested in developing more effective internal controls to safeguard against future occurences.

Answer 10

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Question 11

ACC 375 Week 4 DQ 1

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What are the four steps involved in the fraud theory approach? Describe and give examples of each.

Answer 11

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Question 12

ACC 375 Week 4 DQ 2

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Describe the three components of the fraud triangle. Which component does management control?

Answer 12

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Question 13

ACC 375 Week 4 Individual Ethical Situation 2 Unethical Behavior Memo

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You have been hired as the new controller of a large manufacturing company. The 30-year-old company produces a selection of profitable products, but has also experienced some ethical lapses. A few months into your new role, the CEO has asked you to prepare a memo that will provide guidance to management for handling some of these ethical lapses. As you investigate, you discover a negative atmosphere in the company. Your investigation reveals the following information:

Answer 13

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Question 14

ACC 375 Week 5 DQ 1

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Should maximizing stockholder wealth always be the top goal of a company? How does this lead to unethical decisions?

Answer 14

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Question 15

ACC 375 Week 5 DQ 2

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Explain how ethics affect company goals. Do you think that ethics always guide management’s decisions? Why?

Answer 15

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Question 16

ACC 375 Week 5 Learning Team Code of Conduct and Ethics Report

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Your team has recently been hired by a newly formed, start-up manufacturing company. You are attending a meeting to discuss the establishment of company policies in anticipation of future hiring.

Answer 16

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