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ACC 557 Entire Course   ACC 557 Week 1 Individual
Assignment Ethics Case Study ACC 557 Week 1 DQ
1 ACC 557 Week 1 DQ 2 ACC 557 Week 2 Individual
Assignment Procedures to collect accounting
evidence ACC 557 Week 2 DQ 1 ACC 557 Week 2 DQ 2
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ACC 557 Week 1 DQ 1     Can market efficiency
evolve on its own without government
intervention? Why or why not? What role do ethics
play in market efficiency?
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ACC 557 Week 1 DQ 2    If resources became freely
available in unlimited quantities, would there
still be a need for economics?
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ACC 557 Week 3 DQ 2 Write a 350- to 700-word
paper explaining the following  Given the
current pressures on China, Jamaica, and America
expressed in the article, how would ethics play a
role in decision making for financial,
environmental, and cultural issues?  How are the
concepts of positive and normative economics
reflected in this context?  How do market
efficiency, economizing, and the market system
affect these ethical issues? 
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ACC 557 Week 2 DQ 1 Assuming the consumer is
rational, how can utility affect their economic
decisions? Does utility lead to more or less
customer satisfaction? Why or why not?
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ACC 557 Week 2 DQ 2   Is elastic or inelastic
demand better for a supplier's profitability?
Explain
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ACC 557 Week 2 Individual Assignment Procedures
to collect accounting evidence ACC 557 Week 2
Individual Assignment Procedures to collect
accounting evidence
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ACC 557 Week 3 DQ 1   Explain several ethical
challenges one could incur when measuring
performance within an organization.
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ACC 557 Week 3 DQ 2   Explain what ethical issues
SOX has helped with and where improvement is
still necessary.
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ACC 557 Week 3 Learning Team Assignment Ethical
Challenges and Agency Issues Adverse financial
situations occurring throughout the 20th century
led to government legislative interventions
regarding corporate financial accounting on
several occasions.   Resource Cost
Management Read the following case studies from
the text Timely Reporting of Budget Problems
Case Study on pp. 388 389 (Ch. 10). Level of
Executive Pay Case Study on pp. 605-607 (Ch. 15).
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ACC 557 Week 4 DQ 1 Explain ethical challenges
an accountant could face in recognizing revenue
for a firm. How could these challenges be
addressed?
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ACC 557 Week 4 DQ 2   Distinguish between ethical
and unethical behavior in a bankruptcy setting.
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ACC 557 Week 4 Individual Assignment Ethics of
Penn Square Bank and the Dow Corning
Bankruptcy   Penn Square Bank What were the
ethical pressures on the firm concerning
documentation, credit extension, and revenue
recognition that lead to the final collapse? What
should have been done to reduce or offset these
pressures?
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ACC 557 Week 5 DQ 1   Does today's information
technology environment help or hinder ethical
actions within an organization? Explain.
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ACC 557 Week 5 DQ 2 Would it ever be beneficial
for an accountant to include ethical standards in
a contract? Explain. How about in an information
technology system? Explain.
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ACC 557 Week 5 Learning Team Assignment Internal
Policies   Your firm must establish internal
policies regarding the creation of business
contracts as well as electronic communications
(e-mail) including document retention.  Draft the
internal policies as a team. The policies should
be clear and include a set of procedures.
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ACC 557 Week 6 DQ 1   If, as an accountant, you
had the option of working with only one of the
boards, FASB, GASB, or IASB, which one would you
choose?Explain your reasons.
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ACC 557 Week 6 DQ 2   Are ethics important to
the accounting profession?Explain your
answer.  In short yes and I assume that it would
not be part of our curriculum if it was not so
crucial. Why is it important?
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ACC 557 Week 6 Individual Assignment Economic and
Ethical Issues of Pricing   As a CPA you are in
charge of a small tax advisory firm providing
services to individual taxpayers, a substantial
group of whom is high-wealth. Your firm is
experiencing new pressures from the changing
marketplace. New, non-CPA market competitors and
competition from do-it-yourself tax-preparation
software packages have had a negative effect on
your bottom line. Because of these pressures, you
are looking at ways to reduce costs. To expand
your business and continue successfully you must
consider employing non-CPAs.
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