Case 1: Sunrise bank recently appointed the accounting firm Smith‚ Godfroy‚ and Hannaford as the bank’s auditor. Sunrise quickly became one of Smith‚ Godfroy‚ and Hannaford’s largest clients. Subject to banking regulations‚ Sunrise must provide for any expected losses on notes receivable that Sunrise may not collect in full. During the course of the audit‚ Smith‚ Godfroy‚ and Hannaford determined that three large notes receivable of Sunrise seem questionable. Smith‚ Godfroy‚ and Hannaford discussed
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Green Banking In an increasingly eco-conscious market‚ many small businesses are finding creative ways to go green. Whether it’s improving their energy efficiency‚ buying organic products‚ composting or just turning off electronics at night‚ being green means all sorts of things to different people. One small thing you may not have considered is green banking. Most banks have at least one green initiative in place (or claim to)‚ and a few have made the extra effort to distinguish themselves
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are to financially invest‚ which in turn gives the corporation more positive funds to grow business. Also‚ social responsibility may play a part in the maximization of shareholder wealth. If the public perceives a corporation as being socially responsible they may become more loyal customers. Knowing that a local corporation has taken steps toward pollution control would make me much more likely
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their products. With that being said‚ this is the one of the key reasons why Apple’s sales volume is so high and they are so effective with sales their product. Apple’s position is clear. Apple Inc mission is to guarantee that it remains socially responsible in the community which also help them in persuading of the many suppliers which work with Apple to comply to their socially ethic and issues. Apple’s clearly states within supplier code of conduct their employees are empowered and provided with
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ACCT 2010: Fall 2012 Sections L08‚ L09‚ and L15 GROUP PROJECT Please form groups of four to five students. Each group should analyze three cases provided below and write a short report. The objectives of the project are to help you develop the ability to 1) evaluate situations that have ethical implications‚ 2) identify the stakeholders and their interests‚ 3) describe ethical dilemmas and propose solutions‚ and 4) explain the importance of social responsibility. Each group should submit a written
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the Chancellor of Germany‚ and found many followers by telling German citizens that all of Germany’s problems were caused by the Jewish race. Germans were quick to believe this‚ because they needed a scapegoat for their problems. Hitler then began to take away the citizenship of Jews‚ followed by deporting them to ghettos‚ labor camps‚ and eventually death camps. The question still arises‚ though: who was actually responsible for the Holocaust? Many blame it on Hitler and the German government.
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tightly related to this. There is also a benefit for investment. An increasing number of investment companies look for safe investments and define these in terms of good management of intangibles. This is related to the growing importance of socially responsible investment that excludes shares in companies operating unethically. A company‚
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Ethics and corporate Social responsibility:- Ethics is defined as what is right and what is wrong. Every business should behave ethically. The moral principles that guide the way a business behaves are business Ethics. Ethics are moral guidelines to people or to an organisation which govern good behaviour. So behaving ethically is doing what is morally right. Doing an ethical business may always be not profitable but it will be more beneficial to company and the people involved in company as well
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BAE Business report on Woolworths Limited Student name: Can CAO (Phil) Student number: 32174 Class: BAE 5 Date: 18 June 2013 Word count: 1307 Table of contents Executive summary--------------------------------------------------------1 1 Introduction----------------------------------------------------------------2 2 Evaluation of ethical behavior---------------------------------------3
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development. We promote our philosophy by providing a healthy and safe working environment conducive to the well-being of our staff‚ and fostering an atmosphere of cooperation and harmony in the workplace. XXX Ltd is committed being a good corporate citizen‚ mindful of our responsibility to give back to the community in which we live and operate our businesses. Successive leaders of our Company have built on this tradition and we encourage our employees to serve their community and country through individual
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