Ethics Accounting Accounting Firm KPMG – example of Ethic Violation Issues AICPA Code of Professional Conduct Go to the AIC
Have two accounting related questions that need written. one is 250 words and the other is 200 words. All details are on the attached document. Thanks
Task 1: Ethics Accounting (250 words with references APA)
Accounting Firm KPMG – example of Ethic Violation Issues
1. AICPA Code of Professional Conduct Go to the AICPA.org Website, locate the AICPA Code of Professional Conduct, and read the following sections:
· ET Section 101 – Independence
· .01 Rule 101 – Independence
· .02 101-1 – Interpretation of Rule 101
2. Case study: KPMG, LLP Research KPMG Ethics Violations. An example you might use:
https://www.sec.gov/news/press-release/2019-95
Also search for ethics news relating to other major accounting firms (PwC, Ernst & Young, Deloitte). What do you learn from your search? Post comments on the victims of the ethics violations and, separately, the concept of internal control.
Your post should be several paragraphs in length, addresses the questions or topics presented above.
Task 2: Ethics Accounting (200 words)
Disney / NYSE / DIS
SEC 10-K: https://www.sec.gov/ix?doc=/Archives/edgar/data/1744489/000174448921000220/dis-20211002.htm
Explain what you learn about the disclosures of your SEC 10-K company relating to Income Taxes.
Your comments should relate to net income or loss as well as to the balance sheet treatment and disclosure in the notes to the financial statements.
Additionally consider the concept of risk and the aggressiveness of positions taken.
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