Subiect: Accounting
Topic: principle from section 300
Paper details:
Foundational principles of professional conduct articulated in section 300 form the basis for the AICPA Code
of Professional Conduct. You have discussed these principles in your teams. ChooseA one principle from
section 300 (e.g.. public interest, responsibility, independence. objectivity, integrity, confidentiality. due care.
conflict of interest, etc.) that you anticipate will prove challenging for you to manage during your career in
public accounting. Describe why this principle challenges you and articulate an approach or plan to manage
such challenges.
Because some consider themselves immune to ethical challenges, here are some common examples:
Shy people may find it challenging to speak up when circumstances require
People with heavy financial burdens may be challenged to put the public interest first because they need their
job
Friendly people may find themselves in situations that challenge their objectivity
Many people do not like to deliver bad news. even when necessary
Self-assured people may take on engagements for which they are not prepared (due care)
Helpful people can place themselves in situations with conflicting interests or independence issues
People with a keen sense of moral justice may find challenging the requirements of confidentiality
Most people are biased in favor of people they like and against those they dislike
