FIN 324 Week 1

Individual Assignment: Ethics Article Review

Resources: Electronic Reserve Readings, Internet

Locate an article discussing ethics in accounting and financial decision-making.

Prepare a 350- to 700-word review of your selected article. Use the Electronic Reserve Readings (ERR) for FIN/324, the Internet, or other resources locate an article discussing ethics in accounting and financial decision making. Address the following items in your review:

Summarize the article.

Relate the article to the weeks assigned readings.

Discuss how the concepts of the article relate and/or apply to your current or former organization.

Make recommendations for improvement for your organization based on the article.

Explain the importance of ethics in accounting and financial decision-making.

Include a description of the Sarbanes-Oxley Act and its impact on accounting and financial decision-making.

Format your paper according to APA standards

Discussion Questions

Discuss the difference between financial and managerial accounting. What is the Financial Accounting Standards Board? What is their purpose? Discuss the difference between financial and managerial accounting.

Discuss the difference between Certified Public Accountants (CPAs) and Certified Managerial Accountants (CMAs)

What is the Financial Accounting Standards Board? What is their purpose?

Describe in detail the purpose of the Securities Exchange Commission (SEC). What was the purpose of the Sarbanes Oxley Act of 2002? What is a Sub S type of business?

What is the purpose of adjusting entries?