This assignment will be assessed with the following course outcomes:
: Examine critical aspects of the accountant’s legal liability pursuant to the applicable laws and management of risk including forms of business and bankruptcy.
PC-6.1: Incorporate data, inferences, and reasoning to solve problems.
As a new owner of an accounting firm, you are looking into risk management policies. What exposure does the accounting firm have regarding professional liability? Is there a type of business organization that you can use to limit professional liability and the liability of the organization or you as the owner? What safeguards can you implement to help reduce liability and/or protect yourself from additional liability? Write a paper laying out your approach and any additional steps will you take?
● Discuss the ethical, legal, and professional responsibilities of an accountant in a professional
● Explain risk management
○ Differentiate the various types of business organizations
● Explain your approach to risk management in your firm?
○ For the protection of the organization
○ For you personally
○ For the other accountants in your firm
○ Protection of you clients
● Respond to the questions in this assignment providing support or evidence for your point of view or
argument you are trying to make.
● Tell your readers what action they should take or provide a summary of what the reader should take
away from reading/learning about the topic.
● Write your paper in a clear and articulate manner using Standard English.
● Write the paper in your words without using quotations.
● Ensure it is well-organized, logical, and unified, and that your work is original and insightful.
● Use the 7th edition APA formatting and citation style for your paper.
● Respond in a least a 3-page paper with a separate title and reference page.
● Have at least two quality references or law cases in addition to the textbook, for a total of at least three.
For more information on Forms of Business and Bankruptcy read this: https://en.wikipedia.org/wiki/Bankruptcy
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
Australia Assessments has gained an international reputation of being the leading website in custom assignment writing services. Once you give us the instructions of your paper through the order form, we will complete the rest.
As we work towards providing the best custom assignment services, our company provides assignment services for any type of academic essay. We will help you develop professionally written essays that are rich in content and free from plagiarism.
Admission and Business Papers
Our skilled team of professional writers will ensure that we help you craft a remarkable admission essay for your desired Master's program in your institution of choice. We won't stop there. Once you enter the job market, we will be available to secure you a position at your desired worksite by creating an outstanding portfolio or resume.
Editing and Proofreading
Our editorial team is always available for all editing and proofreading services. They check completed papers by our writers and also provide professional opinions to papers completed by our clients.
We harbor professional academic writers with different qualifications in diverse academic fields. As such, we are capable of handling both simple and technical papers. Ensure that you provide us with correct and complete instructions in the order form.