6 - Accountability Flashcards
What are the roles and relationships that an accountant may take?
Is there an inherent possibility of conflict?
Discuss the application of professional judgment in accounting decisions.
What is professional independence and what are the main threats to professional independence?
How can the threats to independence be minimized?
Explain the five objectives of the accounting profession.
What must the professional accountant display by way of professional conduct and expertise?
What does legitimacy theory postulate as the thing that protects the public interest when professions are allowed to regulate themselves?
How can you tell which kind of isomorphism applies to a situation where behaviour is converging?
How is stakeholder theory in conflict with agency theory?
What connects legitimacy theory with the idea of a middle orbit of accountability?
Why is posterity relevant to present values of anything?
What Kohlberg level do professional groups operate at and what level might they claim to operate at?
What is surplus-value and how is it different from the value in use?
What is the principal assertion of postmodernism and what is the implication for the idea of legitimacy?
What has Habermas got to do with accounting theory?
What is integrity?
