The Dilemma of an Accountant Studying the ethic case the dilemma is whether Dan Potter‚ who was assigned to an audit assignment should go by the audit and guidelines or whether he should disregard the ethical standards and continue to follow the instructions of his immediate boss. Dan Potter is working as a staff accountant at Baker Greenleaf. Dan final had an opportunity on first major audit assignment. This assignment required him to work under the supervision of his senior‚ Oliver Freeman‚ on
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Paper – Accountant Responsibility Introduction Accounting by definition is “The bookkeeping methods involved in making a financial record of business transactions and in the preparation of statements concerning the assets‚ liabilities‚ and operating results of a business” (The American Heritage). An accountant’s responsibility is not something that is equally split or separated by category. It is not something that can be defined easily or without a lot of research and thought. An accountant responsibility
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looking at ethical frameworks there are two that stand out‚ consequentialism and just consequentialism. These two frameworks focus on policies and values‚ such as duty‚ justice‚ and the pursuit of the greatest happiness for the majority‚ that people already understand and focus on when making decisions. This intrinsic core makes them easy to understand and a valuable part of our ethical decision making. Consequentialism and just consequentialism use a similar utilitarian approach to their ethical decision
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of consequentialism argue that we should obey the law since widespread disobedience would have the consequence of making social relations of any sort impossible. Hence‚ in the absence of the obligation to obey the law no society would be possible. Do you agree with this argument?’ INTRODUCTION Consequentialism is usually defined with the formula "one should always do that to bring best consequence: the value of an action derives solely from the value of its consequences". Consequentialism is
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Tiffany Russell 1/27/13 Consequentialism‚ Deontology‚ and Virtue Ethics The philosophies of consequentialism‚ deontology‚ and virtue ethics are guidelines for decision making that utilize very different theories of how an ethical dilemma should be approached. Consequentialism is a philosophy that asks whether or not the end justifies the means. “In other words‚ an act and therefore a decision is ethical if its favorable consequences outweigh its negative consequences” (Brooks‚ 2007‚ p. 329)
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1. Executives were stupid? It is common to say that the CEO and other executives were stupid. Not likely‚ CEOs and others almost always have great track records in their relevant businesses. Chosen over their peers for being the most able and most competent. Often times come from Ivy League schools and having MBAs and PHDs. Not likely that the executives of failed companies are unintelligent. 2. Executives couldn’t have known what was coming. Even the best executives can be caught off guard by unforeseen
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PHIL 432 Anscombe on consequentialism Anscombe is against the notion of consequentialism (refers to classical utilitarianism). Consequentialism is the view that there’s no moral difference between the results of an action‚ which was brought intentionally and actions that was foreseen but not intended. In this essay I will establish Anscombe’s notion of post Sedgwickian consequentialism and why she refers to the Ethicist philosophers such as Moore and Ross as consequentialists. For Anscombe‚
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It is wrong to drive one’s vehicle on the left side of a road in a country where people normally drive on the right. Consequentialist theory works better to argue the above statement. Consequentialist theories are the ethical theories view that the action is right if and only if its consequence is the best possible. The well-known example would be Utilitarianism- “Every advantage in the past is judged in the light of the final issue.’’ (Demosthenes). In the United States of America‚ people drive
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Case 3: How Much Should Directors Direct? Q: How active do you think boards should be? A: In my views‚ boards shouldn’t active in corporate governance‚ strategic planning and general decision too much‚ but they should be more active in communicate with CEO. Boards and CEO have different role. CEO is boards’ only one subordinate. They have their own responsibility. CEO’s job is making sure that the company can make money for shareholders with a sustainable condition. Boards’ job is get report
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Why I want to become an accountant. Composing. Why I want to become an accountant? Have you ever been in the accounting department? I have been in the accounts. Everywhere numbers and digits‚ and small and large‚ very different‚ but in the end all agree with each other. Accounting! Surprisingly interesting. Mayakovsky Accountant - responsible profession. It requires a mathematical mind‚ here it is all very logical‚ exactly. The main principle of accounting - rigid logic. Some people believe that
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