Why don't codes of conduct or existing jurisprudence provide sufficient guidance for accountants in ethical matters?
Answer to relevant QuestionsWhat is meant by the term "fiduciary relationship"?Why don’t more professional accountants report ethical wrongdoing? Consider their awareness and understanding of ethical issues, as well as their motivation and courage for doing so?1. If Wanda Liczyk did not benefit financially, did she really have a conflict of interest? Should she have been disciplined by the ICAO? Why or why not?2. Should the accounting profession be allowed to police itself, or ...1. Describe the fraud that allegedly occurred through Sino-Forest Corporation Inc.? Who benefited and how?2. Why didn’t regulators prevent this fraud from occurring? What were they relying on?3. Why didn’t the directors ...1. Should the Italian bank’s general manager hire a commercialista and pay busterella?2. Should the general manager phone the bank’s American CEO in New York and ask for advice?3. If you were the bank’s American CEO, ...
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