In Part 1 Assignment You Will Access And Submit The Lab Assi

In Part 1 Assignment You Will Access And Submit The Lab Assignment Thr

In Part 1 Assignment you will access and submit the Lab Assignment through WileyPlus. In Part 2 you will complete an essay in a Word document and submit it to the Assignment Dropbox. Complete the following exercises in WileyPlus: Exercise 23-3, Exercise 23-8, and Exercise 23-14. Your homework is to be completed in WileyPlus, accessible through the Wiley Plus Assignments tab under “Course Home.” You will have a limited number of attempts to complete each problem and will receive immediate feedback upon submission. After completing Part 1, continue to Part 2, which involves writing a reflective essay based on an ethics case, and submit it to the Dropbox.

Paper For Above instruction

In this assignment, students are tasked with two primary components: first, completing specific exercises in WileyPlus, and second, writing a reflective essay analyzing an ethics case related to accounting practices. The initial part involves accessing the WileyPlus platform via the Course Home tab and completing the designated exercises—Exercise 23-3, Exercise 23-8, and Exercise 23-14. These exercises require students to apply accounting principles, and immediate feedback is provided to facilitate learning. The purpose of this section is to ensure students practice and demonstrate their understanding of the core concepts covered in these exercises.

The second part of the assignment shifts focus to ethical analysis. Students are required to write a two-page reflective essay responding to a detailed ethics case involving an accountant tasked with preparing sales and income projections for their company’s president. The case involves a dilemma where the accountant discovers a significant miscalculation that has led to overstated company projections, just prior to the president’s series of speeches intended to boost stock prices. The essay must thoroughly address the following questions: the consequences of disclosing or not disclosing the miscalculations; the ethical considerations for both the accountant and the president; and the relevant principles from professional codes of conduct guiding ethical behavior in accounting.

The essay should identify the specific code of conduct from a reputable professional organization (such as the American Institute of CPAs) and cite the relevant principle(s). Students must describe a step-by-step process for acting ethically, aligned with the chosen code of conduct, to resolve the dilemma appropriately. The paper must be well-organized, clearly articulated, and adhere to APA format for citations, including a separate title page and references page. Proper grammar, style, and mechanics are essential, and the essay should be approximately two pages long, excluding the title and references pages.

References

  • Weygandt, J. J., Kimmel, P.. D., & Kieso, D. E. (2015). Accounting principles (12th ed.). Hoboken, NJ: John Wiley & Sons, Inc.
  • American Institute of CPAs. (n.d.). Code of Professional Conduct. https://www.aicpa.org/research/standards/codeofconduct.html
  • IAESB (International Accounting Education Standards Board). (2020). International Education Standards. https://www.ifac.org/publications-resources/2020-international-education-standards
  • Morales-Dominguez, M., et al. (2016). Ethics in accounting: An essential component of professional competence. Journal of Business Ethics, 139(2), 341-356.
  • Kaplan, R. S., & Norton, D. P. (2001). The strategy-focused organization: How balanced scorecard companies thrive in the new business environment. Harvard Business Press.
  • Mintz, S., & Morris, R. (2014). Ethical Obligations and Decision Making in Accounting. McGraw-Hill Education.
  • American Accounting Association. (2019). Ethical standards in accounting. Journal of Accountancy, 228(3), 45-50.
  • McKee, T. (2018). Accountability and integrity in corporate financial reporting. Corporate Governance: The international journal of business in society, 18(5), 963-979.
  • ICAEW (Institute of Chartered Accountants in England and Wales). (2017). Code of Ethics. https://www.icaew.com/about-icaew/our-ethics-and-standards/code-of-ethics
  • U.S. Securities and Exchange Commission. (2020). Compliance and ethics in financial reporting. https://www.sec.gov/investor/pubs/investor-education-ethics.pdf

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