Practice: Week 6 Discussion Question 1 (Due Friday 4/6) Please be provide a very detailed response)
Review case 8-1, SEC v. Siemens Aktiengesellschaft.
Respond to the following:
Situate yourself as an experienced CPA in your assigned Accounting Firm. Your firm is consulting for the Seimens Company. Using the relevant elements of an ethical decision-making model discussed in Ch. 2 (defined, stated, cited), explain how your firm will now set up an integrated system of internal control and good governance with the history of its failings as a guide. Be sure to engage and integrate your assigned Accounting firm’s mission, value, principles, and publications.
Analytical Requirements: Introduce the situation. Introduce and define or situate on the theme from the textbook (cite and reference). Step through the elements using facts, logical reasoning, and appropriate responses as a CPA and member of the AICPA. Conclude on the theme.
Scope: Your original response should be 350-500 words in length and meet the APA and writing standards as shown in the CWE for Masters Level II. Follow up responses should be 150 words in length (graded under participation).
Professional references (no third party): Required: Content from the textbook, AICPA Code of Professional Conduct, a professional Accountancy journal from the United States of America, Accounting technical guidance for any factual assertions. Recommended: Peer reviewed ethical websites (not professor in courses websites), Journal of Business Ethics, and related literature.
For assigned Accounting firm questions, specifically used and linked resources from the firm’s website.
