As a CPA you are in charge of a small tax advisory firm providing services to individual
taxpayers, a substantial group of whom is high-wealth. Your firm is experiencing new pressures
from the changing marketplace. New, non-CPA market competitors and comp
Your firm must establish internal policies regarding the creation of business contracts as well as
electronic communications (e-mail) including document retention. Draft the internal policies as a
team. The policies should be clear and include a set of pr
Resources: This weeks Electronic Reserve Readings Conduct additional research, and then
answer each question in two 350- to 700-word responses: Penn Square Bank: What were the
ethical pressures on the firm concerning documentation, credit extension, and r
Adverse financial situations occurring throughout the 20th century led to government legislative
interventions regarding corporate financial accounting on several occasions.
Resource: Cost Management
Read the following case studies from the text:
ETH 557 Week 2 DQ 3
What are the determinants of demand and what happens to the demand curve when each of these
determinants change? What is the difference between a change in demand and a change in the
ETH 557 Week 2 DQ 2
What would be the consumer buying response to Coca-Cola if the price of Pepsi doubled? If the
prices of Coca-Cola and Pepsi remained constant, what would be the consumers typical buying
response to these products if their income was re
ETH 557 Week 2 DQ 1
Research the elasticity of beef and eggs in regard to price changes. How do supply, demand, and
price controls interact to affect equilibrium price of eggs? Why do customers have a more elastic
buying response to beef than to eggs?
Write a 350- to 700-word paper explaining the following:
Given the current pressures on China, Jamaica, and America expressed in the article, how
would ethics play a role in decision making for financial, environmental, and cultural issues?
How are the co
ETH 557 Week 1 DQ 1
What is the difference between positive and normative economics? Which is more prevalent in
todays economies? Why? What role, if any, do ethics play in positive economics? What role do
ethics play in normative economics?