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Explain the ethical implications of financial reporting to the stakeholders of the organization and the capital markets. Describe the various codes of conduct that apply

Explain the ethical implications of financial reporting to the stakeholders of the organization and the capital markets. Describe the various codes of conduct that apply to the accounting profession. Are there consequences for not following the codes of conduct and what they might be? Explain how not following the codes of conduct impacts stakeholders and the capital markets.

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