Ivory Lenson The Legal and Ethical Environment of Business MGM365-0904B-07 Phase 3 Discussion Board 1 CTU Online Professor Darlene Pomponio December 26‚ 2009 A business has the responsibility of operating with the people in an ethical way or the way that they want to be treated. I think that the business world has the temptation to not treat others fair. The Federal Communications Commission (FCC) is an independent US government agency‚ directly responsible to Congress‚ and regulates interstate
Premium Federal Communications Commission Mass media Small business
Legal & Ethical Environment of Business DATE: 2/4/2013 Week 1 Assignment PART 1: Follow the link below‚ read the article and analyze the practice of “dumping” dangerous drugs overseas. Can an American company be penalized for marketing a product deemed unsafe by the U.S.‚ if it is not also banned by the foreign
Premium Business ethics Ethics Management
Financial Reporting Practices Financial Reporting Practices Health Care Financial Accountin September 7‚ 2011 Ethical standards in financial reporting are essential. Tools have been set in place to ensure that this takes place. Some of these tools are agencies that have been established‚ elements of financial management‚ and Generally Accepted Accounting Principles. Several administrative agencies have been established to strive to create a more standardized and ethical standard
Premium Health care International Financial Reporting Standards Financial Accounting Standards Board
FINANCIAL ACCOUNTING I COURSE DESCRIPTION/OBJECTIVES The primary aim of Financial Accounting is to provide students with an introduction to the process and function of financial reporting. Whilst a large proportion of the course is aimed at understanding accounting as a process‚ taking a preparers‟ perspective‚ we will also seek to develop an understanding of the importance of the role of accounting in today’s society. LEARNING OUTCOMES After studying this course the student will be able to understand:
Premium Marketing Human resource management Management
MCQs in lecture from ch 2 1. Accounting theories should be A. Inductive B. Deductive C. Descriptive D. None of the given options is correct 2. Which of the following statements is true about accounting measurements such as profits and assets? A. They are subject to professional judgment B. They would not vary if prepared by different accountants‚ providing they were based on the same set of accounting standards C. They are based on hard‚ objective‚ evidence
Premium International Financial Reporting Standards Accountancy International Accounting Standards Board
Legal and Ethical Issues in Business Unit 1 Individual Project In order for a business to succeed into the future growth is needed. The success of this company is not in the amount of products we make but the amount of customers we gain. In order for us to ensure our customers continue to do business with us we need to provide a product that holds quality as well as the company name. With this being said there are a few products that could potentially be defective and should be recalled prior
Premium Marketing Consultative selling Customer
RESEARCH PROPOSAL TITLE: FINANCIAL REPORTING TOPIC: MEASUREMENT BASES FOR FINANCIAL ACCOUNTNG-MEASUREMENT ON INITIAL RECOGNITION. BY: NAME: MIR THASEEN ALI MBA INNOVATIVE MANAGEMENT GROUP: C STUDENT ID NO: 39231 PRESENTED TO: DR OMER MASOOD. Measurement Bases for Financial Accounting — Measurement on Initial Recognition Contents Pages Introduction Summary Title Background 2.1 Aim
Premium Balance sheet International Financial Reporting Standards Generally Accepted Accounting Principles
QUESTION BTN 1-3 Identify the parties potentially affected by this audit and the fee plan proposed Accounting code of ethics guides those in the profession to behave in a respectful‚ controlled and moral way. Clients need to have confidence in the business practices of professional accounting firms. A clear ethical code ensures that accountants practice a high standard of business that is exceptional in integrity and professionalism (Maughan‚ 2011). According to Schreiber (2003)
Premium Ethics Business ethics Audit
Microsoft’s Financial Reporting Strategy 1. What are the factors that likely explain the difference between Microsoft’s market value of equity and its reported book value of equity? One of the factors that explain the difference between Microsoft’s market value of equity and its reported book value of equity is the lack of effectiveness to record certain intangible assets such as stock of knowledge (i.e.‚ human capital) customer loyalty‚ and brand value. These former intangible assets mentioned
Premium Income statement Generally Accepted Accounting Principles Revenue
Ethical Issues in Business and Accounting Barbi Hammond October 31‚ 2010 Ethical Issues in Business and Accounting The business and accounting worlds are full of ethical dilemmas and scandals. The works of great philosophers of the past can be directly applied to current situations in today’s business and accounting ethical situations. David Hume is one of the philosophers whose works could be applied to the business world today. David Hume was a Scottish philosopher. Hume introduced the
Premium Philosophy Morality Immanuel Kant