You will be selecting, researching and discussing a current topic (e.g., problem, issue or question) in the accounting profession. Identify any ethical impact this topic will have on the accounting community either now or in the future .

Typical places to look for topics of current concern would be to look at the Emerging Issues Task Force (EITF) topics on the Financial Accounting Standards Board (FASB) website. The Governmental Accounting Standards Board (GASB), Public Company Accounting Oversight Board (PCOAB) and International Accounting Standards Board (IASB) also have topics under study and/or with proposed changes that are open for comment. Recent income tax changes are also of current concern to the Accounting community.

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