1. If a CPA recklessly departs from the standards of due care when conducting an audit‚ she or he will be liable to unknown third parties based on a. strict liability c. negligence b. gross negligence d. breach of contract 2. Under the common law‚ which of the following statements most accurately reflects the liability of a CPA who fraudulently gives an opinion on an audit of a client’s financial statements? c. The CPA is liable only to third parties in privity of contract
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A social standard is defined as a standard of behaviour generally accepted by the society in which one lives. Women’s social standards have always been an important issue‚ focusing on the sexuality of women‚ jobs‚ and roles in a family. In Jane Eyre‚ by Charlotte Bronte‚ Jane Eyre lives in the society of the Victorian Era‚ a period with strict standards regarding women. Jane does not live by and refutes these standards‚ making the work into the first steps for questioning the role of religion in
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ETHICAL DILENMA IN THE CASE STUDY OF MR CHAZAN Abortion is one of the many ethical issue today involving human judgment. There are different viewpoints on this issue based on different ethical theories and perspectives. Now a day many people have become pro choice‚ allowing people to have abortion base don their own while but this also depends on the country. Many religious based countries or states like Saudi Arabia and Egypt are still pro life on this issue‚ not allowing abortion. To discuss
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Introduction to Kantian Ethical Analysis Reason‚ declared Kant‚ is the source and ultimate basis for morality. Morality wholly rests in pure‚ innate reason and not in intuition‚ conscience‚ law‚ or utility. The standard of morality‚ therefore‚ is inherent in the human mind; it is definable only in terms of the mind; and it is derived from one’s innerself by direct perception (Cavico & Mujtaba‚ 2013). According to Kant‚ in order to be moral‚ one has to be rational. “The right use of reason
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There are seven different major ethical systems and they are: ethical formalism‚ utilitarianism‚ religion‚ natural law‚ ethics of virtue‚ ethics of care‚ and egoism. All seven of these ethical systems are dealt with on a daily basis and sometimes it is hard to determine which one you are dealing with. Ethical systems intertwine with one another and make up how humans respond and react to situations they are faced with every day. Each ethical system has its own way of coming across to each individual
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Standard deviation can be difficult to interpret as a single number on its own. Basically‚ a small standard deviation means that the values in a statistical data set are close to the mean of the data set‚ on average‚ and a large standard deviation means that the values in the data set are farther away from the mean‚ on average. The standard deviation measures how concentrated the data are around the mean; the more concentrated‚ the smaller the standard deviation. A small standard deviation can
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other vehicles like trucks and busses. It has c Definition of CSR CSR or Corporate Social Responsibility is a self-regulated set of activities which are guided by some ethical and legal principles. Under CSR‚ companies can decide to take up some initiatives that will help them in complying with the legal standards as well as in making a positive contribution to the society. d Driving forces of CSR The driving forces of CSR are many. Firstly‚ in some countries‚ CSR is required by
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Ethical policies within River Island are extremely important and various different measures are taken to ensure they are withheld to a high standard. Suppliers are made to sign a contract to make sure they adhere to World Wide Ethical standards and can face prosecution if it is violated. River Island have adopted the Ethical Trading Initiative (ETI) Base Code as the minimum standards that apply to their workers‚ the company operates on a global basis with products being manufactured in countries
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Fair-mindedness is the human tendency to reason in a self-serving or self-deluded manner. UNDERSTANDING ETHICAL REASONING: Ethical principles are not a matter of subjective preference. All reasonable people are obligated to respect clear-cut ethical concepts and principles. To reason well through ethical issues‚ we must know how to apply ethical concepts and principles reasonably to those issues. Ethical concepts and principles should be distinguished from the norms and taboos of society and peer group
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Occupational standards are the first steps in gaining qualifications that identify the competence of an individuals capability to do there job in an efficient manner and produce the best work possible. There are specific targets/specific standards that must be met as part of there job role. Employees also must have an understanding of the job role they have undertaken as part of occupational standards. For employers to identify if and where training is required employees must demonstrate there capabilities
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