Analysis & Critical Thinking

Analysis & Critical Thinking

Your Assignment for Unit 6 is to complete and submit your Final Paper. This paper will give you insight into the
development of a global set of ethical standards that could potentially be adopted by executives, directors, and
professional accountants in the future.

Analysis & Critical Thinking
Assignment: Final Project
You will submit your Final Paper by the end of Unit 6 in the Unit 6 Dropbox.
In recent years, there has been an effort to develop a common set of accounting standards for nations and
firms doing business around the world. For the Final Project, you are to write a paper discussing how the effort
for a global set of accounting standards has increased the motivation, or need, to establish a global set of
ethical standards.

Analysis & Critical Thinking
Your paper should include a discussion on the history of the AICPA, the CPAO, and the IFAC and a thorough
examination of corporate social responsibility frameworks including the Global Reporting Initiative (GRI) G4
Reporting Guidelines, the UN Global Compact’s Principles, and ISO 26000 Guidelines. You should address
how the United States and the international community are developing a common set of ethical standards,
specifically referencing the recent revisions of the AICPA and CPAO codes, and discuss some of the
challenges faced by the governing bodies in their attempts to converge the standards. Make a
recommendation on at least five fundamental guidelines that you believe should be included in a global set of
ethical standards.

Analysis & Critical Thinking
The paper is to be 7–10 pages (of content) and prepared in accordance with APA guidelines. There should
also be a title page, a 1–2-paragraph abstract, and a reference page showing a significant variety of current,
relevant sources that are used and cited in the paper.
AC504: Final Project
Criteria for Assignment Grades Points

Analysis & Critical Thinking
Includes history of the AICPA, CPAO, IFAC; review of ISO 26000, GRI G4, and UNGC
principles; challenges to global standard-setting; and a recommendation on
fundamental guidelines to be included.
Analysis & Critical Thinking
Paper demonstrates an understanding of how the effort for a global set of accounting
standards have increased the motivation to establish a global set of ethical standards
and analyzes some of the challenges likely to arise.
Writing Style, APA, and Grammar:
Organized and clearly written; lack of spelling/grammar errors; includes proper in-text
citations; includes title and reference page.
Total Points 165