Ethics And Governance

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Individual Assignment ETHICS and GOVERNANCE “Kickbacks” Question in textbook – Chapter 2 page 61 Value: 20% Due Date: Week 9 – Hard copy provided to Tutor at commencement of Week 9 Tutorial Submission: Upload a soft copy – Word.doc or docx – to Moodle and Turnitin Week 9 – by 5.00 pm Monday January 19th 2015 DO NOT lodge or leave your Assignment with the Library. Task Details: Based on the information provided, and using current theories and models in accounting, students need to analyse how they apply to the given situation. Specific research supported recommendations need to be provided. Research requirements – Students need to support their analysis with support from the text and suitable, reliable, current and academically acceptable sources Presentation: 1500 - 2000 word short report format – Word .doc or .docx, Include title page, executive summary, table of contents, appropriate headings and sub headings, recommendations / findings / conclusions, in-text referencing and reference list (Harvard – Anglia style) and attachments if relevant. NOTE 1: (Each of the eight questions are worth equal marks) You must first answer the following four questions and apply the information to your answers for the four parts of the assignment question in the textbook. 1. A Code of Ethics may be rule based or principle based. Explain the difference and which of the two is the Code of Ethics of the Professional Accounting Bodies in Australia based? 2. Identify and explain the five (5) fundamental principles of the Code of Ethics of the Professional Accounting Bodies in Australia. 3. Identify and explain the five (5) types of threats to the fundamental principles of the Code of Ethics. 4. Consider the issues and problems involved in applying rule based and principle based codes of Ethics. Comment on how effectively the Code of Ethics of the Professional Accounting Bodies in Australia is being applied. After completing the four questions above, answer the first four questions following the case study on page 61 of textbook, Accounting 8th edition, 2011, by Hogget, J, Edwards, L, Medlin, J and Tilling M, (from Wiley & Sons).

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