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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 728 |
Essay's paper body
271). Finally, constraints on management are provided by the act. Requirements for management are as follows: “the CEO and CFO of each public company are required to prepare a statement to accompany the audit report to certify to the appropriateness of the financial statements and disclosures… , all public companies are required to develop and enforce an officer code of ethics, loans to executive officers and directors are prohibited, support a much stronger audit committee in each public company†(Albrecht, 2005, p...
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271).
The ethics classes that the CPA Journal discusses are imperative to teaching students how to structure their businesses to prevent ethical questions and comply with the law. As a privately owned, two person business LET Case, Inc. can benefit from an understanding of proper ethical accounting...
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