67887 – Paper 1: Professional SkepticismLearning Objectives:1.

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Paper 1: Professional SkepticismLearning Objectives:1. Familiarize students with academic research2. Provide an overall definition of professional skepticism3. Apply the concept of professional skepticism to various accounting functional areas4. Apply quantitative and qualitative analysis to a real world scenario____________________________________________________________________________Assignment: Although professional skepticism is generally only associated with auditing, accountants irrespective of functional area must exercise professional skepticism when interacting with other accountants and non-accountants in other functional areas of the business (e.g. marketing, production, sales). Your paper should be no less than five pages and no more than 10 pages excluding reference page define and discuss professional skepticism. In the first page of your paper, define and discuss professional skepticism with in text citations (see paper guidelines) using scholarly research. In the following pages, for each of the following accounting functional areas: auditing, financial, managerial and tax apply the concept of professional skepticism to a real or perceived (made up) circumstance. You might need to be a little creative for this. I realize creativity is not a recognized attribute for many accountants.Your paper is required to have the following six headings in APA format:Professional Skepticism, Auditing, Financial Accounting, Managerial Accounting, Tax Accounting, References Refer to APA guidance for level one headingsKeyword: Skepticism Your file name should be Lastname (e.g., JordanSkepticism)Paper 1: Professional Skepticism (Rubric)Category Comments PointsProfessional Skepticism: Professional skepticism is defined using scholarly research with in text citations. 7 pointsAuditing: Discussed a professional skepticism circumstance that relates to auditing. 7 pointsFinancial Accounting: Discussed a professional skepticism circumstance that relates to financial accounting. 7 pointsManagerial Accounting: Discussed a professional skepticism circumstance that relates to managerial accounting. 7 pointsTax Accounting:Discussed a professional skepticism circumstance that relates to tax accounting. 7 pointsReferences: Reference page included in APA format. 7 pointsOrganization:Paper is well organized, written and easy to read and understand free from excessive spelling, grammatical errors. 4 pointsFormatting:File name convention is correct. See paper guidelines. Conforms to page number requirements. Uses a standard font (12 point times new roman), one-inch margins, and double spacing. 4 pointsTotal Points Total points 50Overall Comments

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