involved‚ here at Retrograde we see that there are multiple principles of ethics that have been improperly betrayed by your plan of action including the principle of long-term self-interest and the government’s requirements as described above‚ as well as utilitarian benefits‚ and the religious junction principles. While already touching on long-term self-interest and government requirements there are still a few ethical principles relevant to your proposal of the current situation of Retrograde
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Week 1 – DQ 1. What ethical dilemmas might CPAs experience? Explain what ethical responsibility a CPA might neglect. (Ch. 17 of Financial Accounting Theory and Analysis) According to our text‚ there are five ethical dilemmas that accountants can experience: ❖ Independence: the accountant must be separate from the company ❖ Scope of Services: the accountant/auditor should not provide services that is not required by an accountant/auditor (consulting‚ tax return preparation‚ tax advice)
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CASE 01. ETHICAL DILEMMA A CHANGE OF DIRECTION FOR SOUTHERN X LTD John Kolikias‚ managing director of Southern X Ltd‚ fixed his gaze on the numbers on the screen. They were exciting. If correct‚ the innovation would be highly lucrative. The profits of their mobile phone subsidiary would literally explode. John sighed with relief. Southern X had been struggling for the last two years and its share price had plummeted by 40 percent. If the business didn’t turn around soon‚ a major restructuring would
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human beings is one that is hotly debated in several spheres of thought. Likewise‚ there are many ways people look at it‚ and many conclusions people come to. As our technological advances makes modification of human babies more and more feasible‚ the ethics of the process comes under more and more scrutiny. The obvious benefits of manipulating the genome of a future baby is that parents with genetic disorders have a way to ensure that the child is healthy. If there is a significant probability of the
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the world. Yet‚ at the same time‚ many questions have arisen about the negative impacts of such practice and more and more businesses have to face the dilemma of outsourcing their work at the cost of its ethical consequences. The recent downturn in global economy has put more pressure on companies to cut their cost while doing business. Numerous corporations in big countries such as US‚ UK... have been driven to begin outsourcing and offshoring work to other countries such as India‚ China
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Superman may be faster than a speeding bullet‚ but he still is not fast enough to save everyone leaving him with the hardest decision of all. Superman in essence plays God with the people of earth since he cannot save everyone who is in danger. This ethical dilemma is the reason why there are some people who despise superheroes due to their role in choosing who lives and who dies. In spite of the fact that Superman makes these decisions‚ there are still people who understand what he is doing and will still
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A3 (Delete the “Topic No” for Assignment 2). B.2 Instructions for Assignment 1 1. Your report should contain the following sections in the order given below: Section 1: Introduction and Background Section 2: Discussion of Current Issues Section 3: Case
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Ethics Case Study Ethical business behavior can be defined by business leadership. “Generally speaking‚ an action or choice can be considered ethically correct if it’s honest‚ fair‚ supports a beneficial outcome for both parties‚ and generally enables the overall corporate image and vision” (Definition of Ethics‚ 2002). In the following we will discuss how economic pressures on China‚ Jamaica‚ and America play a role in the ethical decision-making for financial‚ environmental‚ and cultural issues
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They both have wcess to materials related to all the classes within the campus. Morty’s actions of misusing the resources of the uni versity under the watch of Rick present Rick with an ethical dilemma. On one hand‚ being an employee of the institution‚ Rick has a responsibility to safeguard the material and resources entrusted in him‚ including the access to the computers. This neans that he has a duty to report the unethical conducts of his
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In this case John is seeking to have a lethal injection administered by his doctors in order to alleviate the pain he is suffering as a result of stomach cancer. John’s exact words to his doctors were‚ “put me out of my misery.” As we review this case it is important to understand that John is under great distress and great pain understandably speaking and although we respect and honor his decision there is an ethical dilemma to the lethal treatment he so desperately seeks. First‚ we must address
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