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Using the AICPA Code of Professional Conduct (the Code), imaginean ethical situation that arises...

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Accounting

Using the AICPA Code of Professional Conduct (the Code), imaginean ethical situation that arises in your work involving you.Discuss whether you can resolve it using the Code. Are there anylimitations to the guidance that the Code provides? If yes, whatare they and what sources might you look to resolve your ethicaldilemma? Try to think of a situation not directly addressed by theCode which causes you to need to use one of the “decisiontrees.”

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Before pursuing a course of action to resolve ethical dilemmas a member may want to consult with legal counsel applicable professional bodies and appropriate firm or employer personnel The AICPA provides an ethics hotline to assist members in this and other ethics issues Inquiries can be made by phone 8887777077 menu option 5 followed by menu option 2 or via email at emailprotected Members may be welladvised to document the ethical conflicts substance details of discussions and suggested decisions ETHICAL CONFLICTS UNRELATED TO THREATS Members may confront ethical conflicts due to internal or external workenvironment pressures or    See Answer
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In: AccountingUsing the AICPA Code of Professional Conduct (the Code), imaginean ethical situation that arises in...Using the AICPA Code of Professional Conduct (the Code), imaginean ethical situation that arises in your work involving you.Discuss whether you can resolve it using the Code. Are there anylimitations to the guidance that the Code provides? If yes, whatare they and what sources might you look to resolve your ethicaldilemma? Try to think of a situation not directly addressed by theCode which causes you to need to use one of the “decisiontrees.”

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