Essay, Ethics

In class, we talked about the MBA Oath, which you can find here:

http://mbaoath.org/wp-content/uploads/2009/06/MBA-Oath-to-Sign.pdf

And we talked about the Oath of Hippocrates, which you can find here:

https://en.wikipedia.org/wiki/Hippocratic_Oath

We also discussed Fiduciary Duty at some length and even went through a powerpoint describing same.

And we talked again, at some length about different types of truth (logical, empirical, authoritarian, and emotional).

Finally, we have discussed the structure and efficiency of markets, and the various inefficiencies that can arise within them.

Now, read the MBA Oath carefully clause by clause and answer the following questions:

1.Is the MBA Oath consistent with our conventional ideas of fiduciary duty for executives in for-profit businesses? Why or why not?
2.Why would a profession such as management or medicine even bother to promulgate a Professional Oath? What problem are they trying to solve?
3.When and why was the professional of public accountant created in the USA?
4.Please draft a CPA Oath, which speaks to the role of public accountants, addresses the challenges of the professional among its clients and society, and incorporates an historical understanding of the field of public accountancy. This Oath should not be longer than one page.
5.In 2-3 pages of closely reasoned text, explain why you wrote the CPA Oath as you did. How does your Oath answer to the needs of the profession?

Therefore, 1 page for answering the questions
1 page for CPA oath drafting
2-3 pages of explanations

Please read the notes and the Essay I uploaded closely and use the concepts in the notes to finish this work. No outside reference needed.