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For this discussion, you will explain the role of management professionals with regard to accounting and...

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Accounting

For this discussion, you will explain the role of managementprofessionals with regard to accounting and analysis ethics, andyou will detail any challenges managers may face in ensuringethical accounting practices. Review the codes of ethics andprofessional standards in the module resources and then address thefollowing questions:

What is the manager’s responsibility regarding ethical financialreporting?

What challenges might a manager face in ensuring ethicalaccounting and financial analysis practices?

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MANAGERS RESPONSIBILITY REGARDING ETHICAL FINANCIAL REPORTING 1 Monitor the preparation of financial statements it is the responsibilty of the managers to have an overview of companies financial statements wherein its transparency is monitored Trust is key factor when it comes to financial reporting of a company and trust comes in with transparancy in financial reporting system of a company which is in turn a responsibility of the finance manager of the company 2Ensure the accuracy of the financial statements it is the role of managers to review the reports verify    See Answer
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Transcribed Image Text

For this discussion, you will explain the role of managementprofessionals with regard to accounting and analysis ethics, andyou will detail any challenges managers may face in ensuringethical accounting practices. Review the codes of ethics andprofessional standards in the module resources and then address thefollowing questions:What is the manager’s responsibility regarding ethical financialreporting?What challenges might a manager face in ensuring ethicalaccounting and financial analysis practices?

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