Adm4342 Mid-Term

Academic dishonesty undermines the purpose of graduate school because it devalues the student’s education and also hurts the reputation of the school. When a student devalues their education it shows that the student values a grade more than they value the lessons they are learning. In

• Please logon to your course site and complete the online quiz for this chapter.

Directions: Use your graded tests and Unit 4 & 5 notes to answer the following questions. You can find the answers for #’s 1 – 62 on Exam 1 (3rd Nine Weeks Exam) and #’s 63 – 100 on your unit notes. Write your answers in the space provided, below each question.

Review the sample syllabus and sample rubric under the questions below. Then, provide answers underneath the following questions:

INCLUDES SOLUTIONS INCLUDES MARKERS’ REPORTS This is a three (3) hour paper. You have ten (10) minutes reading time. There are seven (7) questions. There are eight (8) pages, including this one. You must answer all parts of all questions. The questions are not of equal value. All answers must be written in blue or black ink. Show all relevant working.

This study guide prepares you for the Final Examination you complete in the last week of the course. It contains practice questions, which are related to each week’s objectives. Highlight the correct response, and then refer to the answer key at the end of this Study Guide to check your answers.

This is an individual assignment. You must work alone to complete this quiz. It is important that you complete all readings and videos prior to attempting the quiz. The completed quiz must be submitted in appropriate assignment folder by the due date and time. Please see the Syllabus > Course Schedule. This quiz is valued at 5 points (5% of course grade).

“ In order to prevent fraudulent financial reports and statements, the American Institute of Certified Public Accountants(AICPA) has created ethical standards” (Ethical standards in a financial statement, 2011). These standards aim to make financial professionals accountable for their accounting practices. This includes the integrity of financial reporting and ensuring financial reporting is done fairly and factually. Financial accountants and professionals should maintain professional integrity, objectivity, and independence to reduce the risk of resulting legal action, loss of profits, and a poor reputation if improper financial reporting is done (Ethical standards in a financial statement, 2011).

The following are study questions for the examination. The examination will be a closed-book examination.

The school and program has a conduct code that students must follow in order to keep their status as a student. This code details the procedures that should be executed in an academic dishonesty case. The Boston University academic conduct code discusses what constitutes as a violation of the code, defines the action that takes place on suspected violations and explains the penalties. The code also provides examples of academic dishonesty (Academic Conduct Code, n.d.). By committing academic fraud, Sam is in violation of these rules. By these standards committing academic fraud is unethical and should be made known to school officials.

Ethics in any industry is important, but for Accounting professionals and those in need of their services, it is a particularly stressed element. Information provided by accountants is used to make major decisions, including investing, downsizing, expanding, etc, so accountants are expected to be competent, reliable, and have a high degree of professional integrity. Because of these high expectations, the professional accountancy industry, like many other professions, has adopted professional codes of ethics (Woelfel, 1986). These ethical codes go above and beyond the requirements for state or federal laws and regulations. There are several professional organizations within the

This assignment has a maximum total of 100 marks and is worth 10% of your total grade for this course. You should complete it after completing your course work for Units 1 through 5. Answer each question clearly and concisely.

Academic dishonesty is a threat to every student and every institution of higher education. The very act runs contrary to the fundamental values of higher education (Bowers, 1964). Dishonesty compromises the integrity of the individual student as well as the reputation of the institution (Engler, Landau, & Epstein, 2008; Gallant, 2008).

When determining and defending the use of a particular ethical system within the confines of a profession, it is important to evaluate the system in terms of the professional culture as well as the expected professional conduct laid out within the vocation itself. The accounting profession has been evolving for thousands of years. Early accounting records date business transactions back as far as third century B.C. (Schroeder, Clark, & Cathey, 2009). Early record keeping was for internal purposes and as societies and economies expanded, it became important to maintain records for external purposes as well. According to Schroeder, Clark & Cathey (2009), by the ninetheeth centruy, bookkeeing expanded into accounting (p. 3). From this time, it has been the duty of the accountant to serve the public interest and the profession has been culitvated into an organizational culture with professional norms and standards constantly taking shape in an effort to complete an all-inclusive conceptual framework.

The accounting and auditing profession has been constantly making headlines throughout the past decades because of litigation against accountants. This is a major weakness in the Code of Professional Conduct that caused the accounting profession to lose the respect it has gain. In the 1990s to the 2000s accounting scandals from the Waste Management scandal in 1998 to the Saytam scandal in 2009 was discovered one after another, which only caused the public to lose confidence and harshly criticize in the profession.