1- A typical framework for a code of conduct for professional accountants will include at least six different areas of concern. What are these six areas? Give an example of each.
2- The Encyclopedia of philosophy has three definitions of ethics. Please describe each definition and given an example.
3- The notion of independence is central to all aspects of the professional accountant. What is meant by the term independent?
Be specific and give an example.
4- The Enron Board of Directors was organized into various subcommittees in order to offer some oversight on the company. These subcommittees did not always operate as they should. However, what were the subcommittees and what were their purposes?
5- Discuss the philosophy of Deontology.
6- A properly functioning code of conduct that is both effectively drafted and implemented is essential for what reasons?
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