Accounting Principles I ACG1001G2-106032024 Week 1

Topic 1:

Professional organizations are important in any area of business.  To become more familiar with professional accounting organizations, first go to the national organization (American Institute of Certified Public Accountants,

https://www.aicpa.org/

).  Then go to your state accounting organization.  For example, in Florida go to the FICPA (

https://www.ficpa.org/content/home.aspx

) or, in New York, the NYSSCPA (

https://www.nysscpa.org/

).  Consider joining as a student member (student membership is free in most cases).  Share what you learned on these sites with your classmates as it relates to how accounting will impact your future career.  This may include new legislation, new standards, becoming a CPA, etc. These sites can be used as references this week.

Topic 2:Our textbook discusses the fraud triangle, and the three factors that must exist for a person to commit financial fraud:  opportunity, pressure, and rationalization.  These three components also fit well when it comes to academic dishonesty, otherwise known as cheating, which is also a type of fraud.  Using an article you find in the KU library discussing the fraud triangle, analyze how each area of the fraud triangleplays into a student’sdecision to commit academic dishonesty.  What can professors do to decrease academic dishonesty in their class?

Requirements:

Class discussions and participation are required as part of your learning experience. These discussions are designed to have you participate in the learning process and enhance your understanding of the course material by interacting with the instructor and other students. Using proper business English, post your answers/opinions using at least 1 resource from the KU library (link above) for each topic given and comment on your classmates’ posts. Make sure you have noted your source in proper APA format.

Participation Requirements: Refer to grading rubric. The minimum number of posts this week is a total of 3 substantive (4-5 sentences each) posts for the week on 3 different days.  Initial posts to each topic given are due no later than Wednesday.  You must post to each initial topic and for your 3rd required post you may post to either topic given.