Discussion 1
Discussion Overview
Throughout this course, many discussion opportunities come up where you need to respond to other people’s opinions and comments. Address the Discussion topic after you have completed your reading.
Discussion Topic 1
Describe the three types of businesses, the role of accounting, how accounting is important for a business, and ethics in business and accounting.
Discussion 2
Throughout this course, many discussion opportunities come up where you need to respond to other people’s opinions and comments. Address the Discussion topic after you have completed your reading.
Topic 1: Ethics and Financial Statements
The accounting profession has been impacted by several corporate scandals in recent years. Discuss the importance of the role of Ethics in accounting by examining firms such as Enron®, World Com® and JP Morgan®. Use library data to research information about each scandal, provide a brief summary of the scandal, the name of the auditing firm of the organization whose scandal you have chosen (there are other scandals that you can examine), and its impact on accounting ethics.
Keep the discussion separate. They should be at least 100 words each.