We know that a conflict of interest refers to a person in a position of trust with personal interests or obligations that conflict with those of others. In this discussion, you will address the prompt below regarding a situation in which a conflict of interest might occur.
Create one initial post, and respond to at least two of your classmates.
For your initial post, address the following:
Under what circumstances might a job offer from an audit client be considered a conflict of interest and/or an independence violation?
1. Why might the AICPA include job offers in their conflict-of-interest guidelines?
2. What are the accounting professional’s conflict of interest reporting requirements?
For your response posts, address the following:
1. Do you agree with your classmate’s rationale about why the AICPA includes job offers in their conflict-of-interest guidelines?
2. What is another possible reason?
3. Do you agree with your classmate’s post in terms of why this situation is considered a violation? How would you respond if you were put in this situation?
Remember, your contributions to the discussion play an important part in building the classroom learning community. This assignment is graded on the quality of your initial post and at least two response posts to your classmates. If you refer to any resources, be sure to include an attribution (or citation) to the resource.
Last Completed Projects
topic title | academic level | Writer | delivered |
---|---|---|---|
Implementing EBP into healthcare practice is essential to improve patient outcomes and safety (Cassidy et al., 2021, p. 103). | Freshman (1st year) | Yara J. 4.9 ★★★★☆ | 8 hours 30 min 51 sec ago |
Discuss The International Relations of the Middle East since 1945. | Sophomore (2nd year) | Peyton B. 5.0 ★★★★★ | 11 hours 43 min 5 sec ago |
Do you agree with your classmate's rationale about why the AICPA includes job offers in their conflict-of-interest guidelines? | Freshman (1st year) | Garrett S. 4.8 ★★★★☆ | 5 hours 5 min 30 sec ago |
Describe Punctuated Equilibrium Theory and Digital Policies. | Junior (3rd year) | Quentin C. 4.6 ★★★★☆ | 6 hours 55 min 34 sec ago |
Analyzing the financial performance of a company is crucial for any business at any given point of time, but especially when the company is heading in a new direction. | Senior (4th year) | Seth E. 4.9 ★★★★☆ | 9 hours 5 min 26 sec ago |
What are the three main reasons some individuals select CAM therapies rather than traditional allopathic methods of healing? | Doctoral | Charlie O. 4.7 ★★★★☆ | 1 hours 54 min 31 sec ago |
How do you plan to keep up with changes in change management and project management as you progress in your career (i.e., professional development)? | Master's | Kevin W. 4.6 ★★★★☆ | 7 hours 31 min 29 sec ago |