Directors’ duties in Australia are designed to promote good governance and ensure that directors act in the interests of the company – including putting the company’s interests ahead of their own (A Guide to Directors’ Duties and Responsibilities‚ 2008). In the case of OHS Solutions Pty. Ltd. in order to give advice it must first be known what are the duties and responsibilities of a director and officer. There are three sources of law in which directors’ duties are enforced: the common-law (judge
Premium Corporation Debt Default
going to talk about two of them: Consequentialism (6) (7) (8) Consequentialism is based on the claim that the morality of the act is only determined by the outcome‚ Consequentialism was popular in the 18th century as it attracted the public because it replaced instincts and questionable duties with perceptible outcomes. As a result‚ different consequentialist theories appeared that adopted its main principle but they differ in their perspective of who should benefit from outcome‚ these are Egoism
Premium Ethics Morality Philosophy
These arguments are raised in two different approaches‚ which are consequentialist and non-consequentialist. Consequentialist is considered utilitarianism and the non-consequentialist as deontology that differs in their views. Consequentialism is all about the ‘actions of consequences‚’ which are based on justification. The people that favored affirmative action for consequences‚ for them it works until it produces the greatest happiness for the largest number of individuals. ‘Utilitarianism
Premium Utilitarianism Consequentialism Affirmative action
Accountant Essay In today’s society every business needs to assess and analyze their net income and budget in order to be successful. For this specific purpose‚ there are accountants. There are 3 types of accountants‚ CMA(Certified Management Accountants)‚ CGA(Certified General Accountant) and CA(Chartered Accountants). All 3 of them have a specific job. A CMA accountant usually works directly for a company. At this position the person’s duty is to record and report different expenses in order
Premium Accountant Business International trade
Major ethical dilemmas require sound principles of moral understanding in order to act accordingly. Two major views on moral stance are the ethical principles of consequentialism and the commonly contrasted non-consequentialist view. This paper will try to present a fictional ethical dilemma which stresses these two major views and exposes the strengths and weaknesses of both views. The “Trolley Problem” is a short video published by BBCradiofour which depicts an ethical dilemma with three possible
Premium Ethics Morality Paradox
MODEL CONTRACTS FOR SMALL FIRMS LEGAL GUIDANCE FOR DOING INTERNATIONAL BUSINESS © International Trade Centre‚ August 2010 Model Contracts for Small Firms: International Commercial Sale of Goods Contents Foreword Acknowledgements Introduction Chapter 1 International Contractual Alliance Introduction ITC Model Contract for an International Contractual Alliance Chapter 2 International Corporate Joint Venture Introduction ITC Model Contract for an International Corporate Joint
Premium Contract Breach of contract Contract law
In the chapter Consequentialism and Utilitarianism in the book Global Ethics an Introduction by Heather Widdows explains that Utilitarianism is the ethical rule that is based on the idea of happiness. (Widdows 45) After reading the case study Buying and Selling Body Parts‚ it has been determined that buying and selling body parts can viewed as unethical in some cultures while some cultures view this the process of buying and selling body parts as acceptable in certain cultures. In this analysis will
Premium Utilitarianism Ethics Morality
with music. Well‚ I for one reject this overgeneralization and choose to pursue my passion; becoming a middle or high school band director. My goal in this paper is to illustrate the educational requirements‚ financial earnings‚ potential job advancements‚ travel opportunities‚ and ability to compromise that define many exceptional band directors. To become a band director is certainly
Premium Music Education University
Stacey Kay O. Fortuna 9:00 – 12:00‚ TTH November 29‚ 2011 Why Good Accountants Do Bad Audits The Article on Why Good Accountants Do Bad Audits specifies the different reasons why accountants and auditors have taken part – consciously and unconsciously – in different accounting scandals. The signing of the Sarbanes – Oxley Act of 2002 wishes to achieve corporate accountability. But the signing of this act doesn’t guarantee that accountants and auditors will not feed on their unconscious self – serving
Premium Accountant Critical thinking Audit
Staff Accountant Emilee Nagele College of Western Idaho Abstract Accounting is the language of business. Accountants help make sure that individuals do their taxes‚ get their financial statements made correctly. The job description of an accountant includes making financial statements‚ fixing general ledgers‚ and helping their clients with taxes during the tax season. Accountants have to have specific education‚ which can include a bachelor degree and the CPA exam. Many accountants absolutely
Premium Accountant Certified Public Accountant Finance