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(TCO 1) Several important trends developed as a result of economic and competitive pressures that had and continue to have an effect on the ethics

(TCO 1) Several important trends developed as a result of economic and competitive pressures that had and continue to have an effect on the ethics for business, and therefore on the professional accountant. These trends include:(Points : 6)
expanding legal liability for corporate directors.

a lack of advertising ability for accountants.

management assertions to shareholders on the adequacy of internal controls.

a stated intention to manage risk and protect reputation

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