Introduction The ethical theories of ethical egoism‚ Kantian ethics and utilitarianism are very interesting in comparison to one another. Ethical egoism and utilitarianism are as different as night and day‚ one is all about self-sacrifice for the greater good while the other is all about serving your own self interests. Finally Kantian ethics is all about doing your duty‚ who it benefits‚ whether yourself or others is inconsequential. These three ethical theories have little in common and they are
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Individual Assignment #2 ACC 490 – Professor Matthews Comprehensive Question Chapter 1-23 Erik M. Williams 1-23 (Organizations associated with the public accounting profession) Several private and public sector organizations are associated with the profession. Listed below are activities pertaining to these organizations. 1. License individuals to practice as CPAs. State Boards of Accountancy 2. Promulgate GAAP. Securities & Exchange Commission (SEC)‚ American Institute of Certified
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Accounting Information Systems Simulation Summary Internal Control Systems are processes put in place to safeguard the company. In the simulation‚ the task was given to help a new company set up an internal control system‚ implement control procedures for specific internal control issues‚ and manage the internal control system as the company continues to grow. Ramos International is an up and coming luxury hotel in Chesapeake‚ Virginia. The role given in this simulation is that of the Chief
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My Personal Ethical Statement After completing the Ethical Lens Inventory my preferred ethical lens was Results Lens and Reputation Lens. I learned that the result lens and reputation lens show that I am a person who listen to my intuition (sensibility) to determine the greatest good for each individual (autonomy) and the character traits and virtues that will best serve the community (equality). I also learned that my Core Values are Balances between self and others meaning I value autonomy
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ACCOUNTING SYSTEMS Tiffany Bullock HS210-02 March 21‚ 2013 The three types of bookkeeping systems are Pegboard‚ Single Entry‚ and Double Entry. The Pegboard system is also called the write-it-once system. This system is the most widely used manual method of accounting in the healthcare industry. The cost of using this system is a little more than the others. It is a lightweight board that uses pegs to hold all the different forms in place. This system can hold forms for the daily log sheet
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Ethical Systems: Which is Best? PHI 200 Mind and Machine Instructor Lisa Linkin February 4‚ 2013 * Ethical Systems: Which is Best? Good‚ bad‚ right‚ wrong…how do we know? Ethics is the study of how we determine what is right or wrong‚ good or bad (Mosser‚ 2010). While there are many ethical views‚ I focused on the three classical approaches for this paper. Utilitarianism states when given a choice between two acts‚ the one that creates the greater happiness for the greatest number of people
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Nature of Auditing and the Public Accounting Profession 1. Auditing neither creates goods nor adds utility to existing goods and therefore does not add value to business. Auditing exists only because it has been legally mandated. Auditing exists because it is needed by the company. It is beneficial to users who need assurance if their financial statements reflect economic conditions that occurred in a period. Without reliable information‚ companies might make less effective decisions which
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Chapter 1 Accounting Information Systems and the Accountant INTRODUCTION WHAT ARE ACCOUNTING INFORMATION SYSTEMS? Accounting Information Systems—A Definition Accounting Information Systems and Their Role in Organizations CASE ANALYSES The Annual Report Universal Concrete Products Ross‚ Sells‚ and Young‚ LLP REFERENCES AND RECOMMENDED READINGS ANSWERS TO TEST YOURSELF WHAT’S NEW IN ACCOUNTING INFORMATION SYSTEMS? Suspicious Activity Reporting Countering Terrorism Corporate Scandals and Accounting
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of utilitarianism‚ deontology‚ ethical intuitionism and the virtue ethics advocate for the actions of an individual to be acceptable in the societal setting. The theories agree in the actions they advocate for to be right or wrong in the society. There is no point where the theories are in argument about the right or wrong actions an individual may take depending on the situation. No actions that may abuse the natural resources are considered morally upright by the traditional utilitarianism‚ deontology
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Assignment 1 Ethical Dilemmas Legal and Social 115103 Coordinator Name: Jackie Loong Student ID 10189179 Number of words: 1651 Date: 20th August 2013 The definition of an ethical dilemma is a situation that involves conflict between moral imperatives in a way to obey each other. (Shaw‚Barry and Sansbury‚2009) There is no right or wrong answer when decisions are made. In this situation of the case we have Mike‚ who is a new accounts payable employee of the soft wear sales
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