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Discussion Scenarios & Questions: Scenario #1 Accountancy is a heavily regulated industry. Look at this Web site. Explore it to answer the questions below. Scenario

Discussion Scenarios & Questions:

Scenario #1

Accountancy is a heavily regulated industry. Look at this Web site. Explore it to answer the questions below.

Scenario #2

You are the CEO of Otterbox, a Colorado corporation. Your business has expanded a lot over the past few years. You now have an opportunity to expand your business to sell smartphone cases in France.

Topic Questions (answer all):

  1. Regarding the first scenario:

What Nebraska state agency regulates certified public accountants (CPAs)?

What types of regulations has the agency implemented for the accountancy industry?

What types of enforcement power does the agency have?

How would a person or business file a complaint about a CPA?

  1. Regarding the second scenario, what types of laws would you need to comply with if you expanded into the French market? (Hint: think of the "levels" of laws rather than specific laws.)

Reflection Questions:

  1. Describe something from the learning materials in this module that you found the most confusing at first. In what way(s) did you resolve your confusion (e.g., discussed with classmates, did further reading, consulted the instructor, etc.)? (Note that saying "Nothing" or the equivalent is not an acceptable response to this question.)
  2. Describe how something that you learned in this module will most likely change your behavior now or in the future. (Note that saying "Nothing" or the equivalent is not an acceptable response to this question.)

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