Principle of accounting DQ (C) - Discussion Question 1 – (CDQ directed at upcoming CLA) Undergraduate Level Prior to reading this DQ, please read the CLA2 assignment and understand what the assignment...

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Principle of accounting DQ (C) - Discussion Question 1 – (CDQ directed at upcoming CLA) Undergraduate Level Prior to reading this DQ, please read the CLA2 assignment and understand what the assignment is asking you to complete. Once you have an understanding of the CLA2 assignment, please continue to the paragraph below to complete DQ1. Using the Library Information Resource Network (LIRN), JSTOR, or any other electronic journal database, research four (4) peer-reviewed articles that can be used to answer your upcoming CLA2 assignment. Your discussion should summarize the articles in such a way that it can justify any arguments you may present in your CLA2 assignment and should be different from the abstract. In addition to your researched peer-reviewed article, you must include an example of the article researched as it is applied by industry (company, business entity, and so forth). Please note: This article summary should not be the only articles researched for your CLA2 assignment. You may (and should) have several other articles researched to fully answer your CLA2 assignment. The concept of this DQ is to allow students to be proactive in the research necessary to complete this assignment. You may use your article summary, partially or in its entirety in your CLA2 assignment. Important: Please ensure that your reference for the article is in correct APA format, as your reference in your discussion post. Depending on which electronic database you use, you should see a Cite selection for your article. In addition, there should be a variety of articles summarized and as such, students should have different articles summarized. Your summary MUST include ALL of the following in your DQ post (include every item in the bullet list below, or you will not receive full credit): Do these in order: · In correct APA format, write the Reference Listing for the article. · Clearly state what the article is about and its purpose (a summary in your own words). · Describe how you will use it in your upcoming assignment. · Include the article Abstract in your posting (your summary should be original). · Repeat for a total of four (4) peer-reviewed sources. Additional information : What’s CLA2: CLA2 Comprehensive Learning Assessment (CLA 2) Presentation *Only applies to BUS 325, 330, 350, 355, 378, 385, 387, and 390 * In addition to your CLA2 report, please prepare a professional PowerPoint presentation summarizing your findings for CLA2. The presentation will consist of your major findings, analysis, and recommendations in a concise presentation of 18 slides (minimum). You should use content from your CLA2 report as material for your PowerPoint presentation. In addition, you should include learning outcomes from all your major assignments. This would include PA1, CLA1, PA2 (if applicable), and of course, CLA2 (unless otherwise specified by your Professor). An agenda, executive summary, and references slides should also be included. Please keep in mind that the university is moving towards a more digital footprint for our students. This means that your final CLA2 presentation may be recorded, so that you may include it in your “e-portfolio” (graduating students should have all of their CLA2 presentations on a flash-drive, in addition to student biography, resume, interests, and so forth) Students will present their PowerPoint during the last week of class in either the On-Campus Class Session or the online Virtual Class Session, as determined by the professor. Presentations should not exceed 15 minutes. Assignment DQ template ● In correct APA format, write the Reference of the article. DeTienne, K. & Agle, B. & Sands, C & Aleo, A. & Aleo A. (2019, June 20). Fostering an ethical culture on your sales team. Retrieved from https://hbr.org/2019/06/fostering-an-ethical-culture-on-your-sales-team ● Clearly state what the article is about and its purpose. The article points out that sales scandals can be serious issues and cause a large amount of loss for companies. The author gives different examples to suggest companies how to avoid and prevent sales scandals and what part companies should work on. The author also indicates that companies with higher ethical standards could bring more customers, improve satisfaction, and increase brand loyalty, directly increasing profits to companies. The article gives five pieces of advice to companies on how they can both prevent ethical issues and improve productivity. First, companies should always measure ethical behavior. Even though many companies have some systems or places to receive ethics complaints, not all businesses have powerful ways to manage those complaints. The author suggests that leadership teams should build an efficient reporting system to respond to those complaints and report them to groups honestly. Second, strengthen weak spots is also a job for management teams because it helps employees understand the importance of ethics. Third, leadership teams should always provide specific direction to employees for some situations due to downturn, regulations changes, or any difficulties. They should give guidance to ensure every department understands companies' ethical principles. Moreover, companies should also create a culture of ethical values so employees can know what they have to face if they break organizations' ethical values. Managers should support employees to follow the culture of ethical values by involving conversations with them and help them reconcile differences. The author also states that reward the right behavior can also improve the benefits of the employees and organizations in the long term. Last, promote the right people gives a direction to employees on what behaviors get rewarded, and employees can quickly learn from each other. However, if the person who cheats the number gets rewarded, others will also know that cheating is acceptable, which will cause companies' vicious cycle. ● In correct APA format, write the Reference of the article. Kulshrestha, N. & Nangia, R. (2019, Feburay). Integration of ethics in performance appraisal and legal aspects: Importance and issues emerge in the organization. Retrieved from http://indusedu.org/pdfs/IJREISS/IJREISS_3179_77181.pdf ● Clearly state what the article is about and its purpose. The article gives an overview of how performance appraisals relate to ethical issues in organizations. The author points out that evaluation is a tool to measure and also provides a way to improve employees' performance, but if companies misuse performance appraisals, it can be harmful to everyone in the workplace. The article gives examples and reasons for unethical practices and what problems may happen in organizations. The author mentions that performance evaluation gives leadership teams who need to be promoted and who need to be focused on. The elevation also helps employees' development in the future because it points out employees' weaknesses and strengths so that managers can understand which persons need helps through training or coaching. Furthermore, evaluations can be subjective, which impacts the relationships between leadership teams and employees. For example, managers should not include personal problems with employees, such as conflict and grudges, while evaluating because performance appraisals should only focus on performance at the workplace. In the end, the article reveals that ethical appraisal should always be fair and objective because understanding and respect each other can build a healthy environment for both companies and employees.  ● In correct APA format, write the Reference of the article. Jacobs, G. (2014, February 12). How performance appraisals can encourage ethical behavior. Retrieved from https://discovery.rsm.nl/articles/16-how-performance-appraisals-can-encourage-ethical-behaviour/ ● Clearly state what the article is about and its purpose. The article points out that a recent study shows managers can grow employees' ethics by being fair and respectful for thirty minutes yearly, but they need to pick the right thirty minutes. In addition, the author mentions that people behave more ethically when they feel respectful of the bosses in their performance evaluations. On the other hand, if they feel treated unfairly, they are more likely to have bad behaviors such as being late or taking extra breaks, and holding a grudge for the entire year. Managers' attitudes, such as being fair or unfair, can break the trust at the workplace and can lose the supports from employees, which influences employee's ethical behaviors. In the end, the author suggests that building a trustworthy relationship is important for businesses because organizations rely on teams and people. Thirty minutes of fair and respectful evaluation can bring a great result of employees' ethical behavior for the whole year.  ● In correct APA format, write the Reference of the article. Chorn.(2020, June 19). Ethics in performance evaluations. Retrieved from https://work.chron.com/ethics-performance-evaluations-20998.html ● Clearly state what the article is about and its purpose. The article reveals that performance evaluation can be subjective, and managers can evaluate staff members by different criteria, resulting in potential ethical complications and unethical manner. Furthermore, leadership teams might also ignore personal feelings while considering employees, which might cause bias and skew the results in performance evaluations. The author gives four suggestions to managers to make evaluations more reasonable and considerate. First, leadership teams should use uniform evaluation criteria to make sure that the goal is objective and can create a fair environment for employees. Second, managers should remove personal prejudice while evaluating performance. The unethical approach will create personal issues and unfair manners between employees and leadership teams which might damage teamwork at the workplace. Third, they should discharge the friendship factor. The performance evaluations should always be fair and professional, and if managers include friendship, it can create conflicts between the teams. Last, the author states that if managers do not feel that they can be objective in performance evaluation, they should always defer evaluations. In this way, having other managers involved can ensure that evaluations are fair to everyone and improve the quality of evaluations.  ● Describe how you will use it in your upcoming assignment. The four articles provide me necessary information on ethical issues in performance evaluations. Some articles bring the result of study to improve ethical issues at the workplace. Others point out the problems and provide excellent solutions. I will use the information to complete my argument for the final CLA2 and search for more articles to support my ideas. The authors give different perspectives and ideas of how a manager should solve ethical issues, but they all agree that leadership teams should always see ethics as an essential part of organizations. Permalink
Answered Same DayAug 11, 2021

Answer To: Principle of accounting DQ (C) - Discussion Question 1 – (CDQ directed at upcoming CLA)...

Ayushi answered on Aug 12 2021
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Principles of Accounting
Thorps, D. & Hasty, H. & Dohrer, B. (2019, July 1). 5 missteps to avoid when evaluating internal
controls. Retrieved from https://www.journalofaccountancy.com/issues/2019/jul/evaluating-internal-control.html
The article focuses on the points which should be kept in mind while evaluating the internal control system of any entity. It is very impotent to evaluate the internal controls of an organization, without this step it won’t be possible for the auditor to assess the risks due to which misstatement can arise. There are many steps which should not be taken while performing the evaluation of internal controls such as assuming that the client for which audit is being done does not have any internal controls, not having a proper understanding about the relevance of controls which are important for performing audit and many more.
The Lessons from Enron: The Importance of Proper Internal Controls. Retrieved from https://www.mbaknol.com/business-ethics/the-lessons-from-enron-the-importance-of-proper-internal-controls/
This article describes the fraud that took place at Enron and Andersen. The fraud resulted to the insolvency of the companies. The major role behind the fraud was weakness in the internal control system...
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