Topic 7: Professional Codes of Ethics

Objectives:

1. Compare the ethical responsibilities associated with financial reporting, auditing, and tax functions.
2. Explain the licensing systems in place to regulate the accounting profession.

Topic 7 DQ 1

There is much debate and discussion regarding raising the minimum wage. What are some of the ethical issues raising the minimum wage would pose? Should a government protect employees by instituting or increasing the minimum wage? Does the answer depend on the ethical theory to which one subscribes?

Your initial post should include your analysis and evidence from other cases that supports your analysis. Your follow-up discussion should challenge your classmates' findings and defend your own position. Follow-up discussions to classmates' initial responses should integrate course theories with a practical application of the subject; offer a personal observation or experience; reference real-world examples, current events; or present current research on the topic that encourages further discussion and ongoing dialogue with other students and the instructor in the class.