Prepare an essay discussing the origins of accounting, and how accounting practices have changed… 1 answer below »

histQuestion 2 [10 marks]

History of accounting -essay

Accounting is considered to be one of the world’s oldest professions.

Prepare an essay discussing the origins of accounting, and how accounting practices have changed over time. (Word count: Approximately 1,400 – 1,800 words in total).

Question 3 [10 marks]

Ethics in accounting

Chartered Accountants Australia and New Zealand (CAANZ) and Certified Practising Accountants Australia (CPAA) have a joint code of ethics for professional accountants, issued through the Accounting Professional and Ethical Standards Board (APESB).


i) List and explain each of the ethical principles in the code of ethics. In your discussion, provide an illustrative example of how each of these principles would be applied by accountants in a particular scenario.

ii) When faced with an ethical dilemma, what should accountants do? (You will need to undertake some research to answer this). Provide an example of an ethical dilemma that an accountant might be faced with, and explain what steps should be taken to resolve it.

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This assessment task will assess the following learning outcome/s: be able to apply conceptual and technical aspects of accounting and prepare relevant business financial statements. be able to discuss the historical development of accounting. be able to appraise the use of information technology including spreadsheet software in accounting problem solving, and evaluate the Internet as a professional resource. be able to demonstrate relevant business communication skills including report writing. be able to contextualise and evaluate accounting information for decision making purposes. be able to explain the importance of ethics in accounting.

In today’s business environment we need verbal skills, writing skills, numeracy skills AND digital literacy skills. All of these skills are assessed throughout this subject. The early questions in this assignment are designed to assess your digital literacy in a business/accounting environment. This assignment is designed to give you an opportunity to demonstrate knowledge and skills in aspects of accounting and information systems including technical issues as well as concepts such as the accounting equations, cash and accrual accounting, current and non-current assets and liabilities, trial balance, worksheets, income statement, statement of changes in equity, balance sheets and the application of spreadsheet software to the presentation and solution of accounting problems.ory of accounts


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