Code of Ethics Accountants are expected to not only work for their clients but also for the general public. They are trusted to do the accounting work of their employers correctly and according to laws and regulations. While errors cannot be prevented completely‚ they should not be making errors knowingly. Especially if the errors are in the company’s favor‚ it could be considered fraud. Integrity Accountants should always be honest in their job because many people are relying on them. As
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Section 3 Code of Ethics and Conduct 3.4 Integrity‚ objectivity and independence Provision of internal audit services to financial statement audit clients 141. A self-review threat may be created when a firm‚ or network firm‚ provides internal audit services to a financial statement audit client. Internal audit services may comprise an extension of the firm’s audit service beyond requirements of generally accepted auditing standards‚ assistance in the performance of a client’s internal audit
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Code of Ethics When face with major problems and dilemmas in management accounting and financial management practitioners look to the "standards of ethical conduct for practitioners of management accounting and financial management. While looking at ethical standards one has to look at four different areas they are competence‚ confidentiality‚ integrity‚ and objectivity. These four areas are the backbone of what management accounting and financial management are made. When faced a possible violation
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Code of Ethics for IT Professionals For purposes of this Code‚ the following terms are defined as follows: Information Technology the preparation‚ collection‚ creation‚ transport‚ retrieval‚ storage‚ access‚ presentation and transformation of electronic information in all its forms including but not limited to‚ voice‚ graphics‚ text‚ video‚ data and image. Information Technology Professional one who develops or provides information technology products and/or services to the public. PREAMBLE:
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Conduct by accepting the electronic gadget that been offered by Mr Z‚ owner of Company Y with discounted price. Eventhough Mr X is now working as a Project Engineer at Mr Z’s company‚ he is actually has broken the law of ethics as in BEM and IEM. It has been clearly stated in BEM Code of Professional Conduct‚ 4.3 “ A Registered Engineer should not solicit or accept financial or other valuable consideration‚ directly or indirectly from outside agents in connection with the work for which he is responsible
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CheckPoint: Ratio‚ Vertical‚ and Horizontal Analyses The calculations you perform for this CheckPoint form the basis of your analysis of your capstone project. · Write in 100 to 200 words an explanation of the three tools of financial statement analysis and the function of each. · Examine PepsiCo‚ Inc.’s Consolidated Balance Sheet on p. A6 in Appendix A of Financial Accounting‚ especially its Current Assets‚ Current Liabilities‚ and Total Assets for years 2005 and 2004
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Checkpoint Week 8 John McManamon IRN: 9048277815 IT/205 4/16/2014 John Gosney 1. How important is the reservation system at airlines such as WestJet and JetBlue? How does it impact operational activities and decision making? As an employee of an oil company‚ I am keenly aware that the price of gulf coast kerosene (jet fuel) is almost $3.00 per gallon. With an estimated 30‚000 flights per day in the US alone‚ there is a tremendous amount of money spent by planes idling at the gate‚ or on
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I have chosen the ethic -Selling products that the company knows are harmful or addictive to consumers. A real world example of selling products that addict consumers or are harmful holds good for the cigarette manufactures. A warning-smoking is injurious to health is inscribed on the pack‚ both the consumer and the seller ignore. The seller is oriented towards minting money from the sale from the cigarette and the consumer being addicted to it cannot stop smoking. According to Surgeon General smoking
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The Island of Kora READ: CASE #15 THE ISLAND OF KORA THE ISLAND OF KORA acts as the case designed to bring all the points discussed in this class together. Therefore‚ this case calls for an application of all the points that have been previously discussed. After reading the case‚ design a plan for solving the islander’s problems. Your plan should include the theoretical basis your plan uses‚ the decision making procedure you would use‚ as well as the specific action you
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TERRITORY The national territory comprises the Philippine archipelago‚ with all the islands and waters embraced therein‚ and all other territories over which the Philippines has sovereignty or jurisdiction‚ consisting of its terrestrial‚ fluvial and aerial domains‚ including its territorial sea‚ the seabed‚ the subsoil‚ the insular shelves‚ and other submarine areas. The waters around between‚ the connecting the islands of the archipelago‚ regardless of their breadth and dimensions‚ from part of the
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