What is ethics? Ethics is a branch of philosophy that studies the difference between right and wrong. As professional accountants‚ you will have many opportunities to choose between right and wrong. And as you have seen in the business press‚ making the wrong choice can lead to serious consequences including corporate failure‚ loss of reputation‚ fines‚ and even jail sentences. The objective of this unit is to introduce you to different branches of ethics‚ in order to help you understand that people
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Business & Professional Ethics Notes Chapter 5: Corporate Ethical Governance & Accountability Modern Governance & Accountability Framework- To Shareholders & Other Stakeholders New Expectations- New Framework to Restore Credibility • A corporation’s reputation could be significantly affected by irritated stakeholders • Enron‚ Arthur Andersen‚ and WorldCom debacles showed the world the faults and vulnerabilities inherent in the old style shareholder-only governance and accountability model •
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Morality is a set of rules concerning right and wrong behaviour. Ethics is the branch of philosophy that attempts to provide clear arguments about which moral rules are best and how those rules ought to be interpreted. There are several different ethical theories or frameworks for ethical decision-making‚ each of which has been advocated by prominent moral philosophers. Some philosophers‚ for example‚ advocate thinking about ethics entirely in terms of consequences: what action will produce the
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Toward Professional Ethics in Business J. N. Hooker Graduate School of Industrial Administration Carnegie Mellon University‚ Pittsburgh‚ PA 15213 USA March 1996 Abstract Before a code of professional ethics can be formulated for business managers‚ it must be understood why management should be considered a profession and what should be its central mission. This paper proposes answers to these questions. 1 Introduction There are two kinds of ethical obligation in business. There are
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Ethics of imposition of values The American Counselling Association (1995) states‚ “Counsellors are aware of their own values‚ attitudes‚ beliefs and behaviors and how these apply in a diverse society‚ and avoid imposing their values on clients”. For a client to become healthy the counsellor must possess some basic values. These include: • Self determination. • Developing effective strategy to deal with stress. • Ability to give and receive affection. • Ability to be empathic
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Chapter 2 Professional Ethics and Conduct Overview • • • • Roles and duties of professional accountants Ethical principles of auditors Technical and ethical competence of auditors Essential disciplinary measures for auditors 2 Concept of a profession • Five attributes of a profession – a systematic body of theory – authority of professional bodies – community sanction for control over membership and accreditation – ethical codes – a professional culture 3 The
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Professional Career Action Plan When I first started out going to school after college I thought that I wanted to be a teacher and so right after high school I started going to school to be an elementary teacher. I quit school because I wanted to move out of my parent’s house and be on my own so I got a full time job. After I moved and got stable I went back to get my early elementary degree. After about a year and a half I got pregnant and had my son and couldn’t go to class in the morning after
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Personal Values and Ethical Standards James Green BSHS/322 April 29‚ 2013 Marcia Winter Personal Values and Ethical Standards Those people and things I value most is God‚ my recovery‚ self‚ respect‚ family‚ education‚ career‚ freedom‚ friends‚ community‚ and finance. For me‚ these people and things are desirable and important. However‚ there are times when those things and people cause dilemma in my life‚ and when I neglect to attend to them‚ especially when it is those values concerning
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The Failure of Structure | Philosophy of Values and Ethics | Everyone brings to the world their own talents‚ gifts‚ and abilities. In my early twenties‚ I realized a personal truth‚ that there are no limitations to my own personal success other than those I would choose to inflict upon myself. I try to live by the golden rule of do onto others as you would want them to do to you. Many people think I am opinionated and direct. Yes‚ I do want people to tell me what they think and be direct
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The Value of Homework for Mathematical Success Erik M. Andersen University of Colorado at Denver Abstract The questions studied in this paper revolve around homework and if the quantity or the content of homework assignments relate to proficiency in an Algebraic unit on Functions. A study was performed on 18 similar ability high school students. The students were divided into four different homework groups and their pre and post-test test scores were compared to see if there was
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