Deontology and Accounting Ethics Amanda Dunn Liberty University Introduction Body 1 Ethical Systems Description 1 Deontological 2 Utilitarian 2 Ethical Systems Evaluation 1 Organizational Culture of Accounting 2 AICPA Professional Code of Conduct 3 Utilization of a Deontological System Conclusion Introduction No man can be certain beyond a shadow of a doubt how he will react in any given situation. One can know how he would hope to react; however‚ until
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manual method of accounting is being gradually replaced. And finally‚ the database technology has revolution the accounts department of the business and non business organisations. In the use of computerised accounting system the risk of data loss is eliminated‚ high speed in data manipulation is maintained and larger volume of data are kept safely. In computerised accounting system calculation became easy and controlled effective‚ also development of computerised accounting system‚ facilitate
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for you will depend upon your career goals. Earning one of the accounting-related professional certifications is no easy task; however‚ earning and maintaining your certification can increase your chances for advancement and promotion‚ enhance your reputation among colleagues and within the profession‚ and result in salaries that are higher than your non-certified peers as long as you remain ethical. The Profession of Accounting When most people go to college they think of what major would
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FORENSIC ACCOUNTING Introduction Necessity is the mother of all inventions. Yes‚ it is the growing arena of business and surging number of white-collar crimes that have paved the way for the development of Forensic Accounting. According to AICPA‚ “Forensic Accounting is the application of accounting principles‚ theories and discipline to facts or hypothesis at issues in a legal dispute and encompasses every branch of accounting knowledge.” According to The Accountant’s Handbook on Fraud and
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In our society today‚ computer technology plays an important role in many form of business‚ especially in the field of accounting. As technology advances‚ not only does the use of computers penetrates individual’s everyday life‚ it also helps to mange and improve many business operations from service‚ manufacturing to retail. Ken‚ an accounting graduate‚ works as an accounting clerk at Advance Manage‚ a service operation located in Markham‚ Ontario. The small business is in the form of a partnership
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profit. Income refers to the increase in economic benefit during the accounting period in the form of inflow or enhancement of assets or decrease of liabilities that result in increase in equity. There are two types of income. First‚ sales revenue refers to income earned in the course of business activity for example a coffee house selling coffees. Second‚ gain refers to income that does not arise from the
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ACCOUNTING CLERK Wes Ruiz Ms. Cline Accounting 20 October 2011 In this paper I will be telling you about a job of an accounting clerk. The scope of an accounting clerk’s job duties often depends upon the size of the company or organization that he works for. For example‚ small businesses tend to hire “general bookkeepers” to handle all of the financial transactions and record keeping requirements of the business. Essentially‚ a bookkeeper
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Creative Accounting Creative accounting is a term that often implies illegal or fraudulent practices in the U.S. (Moneyterms‚ 2006). The objective of the following paragraphs is to explore some definitions of creative accounting from different perspectives‚ discuss some advantages and disadvantages of creative accounting‚ and explain a real life example of creative accounting. Through these paragraphs I hope to also touch upon some of the ethical issues involved in engaging in creative accounting practices
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------------------------------------------------- Topic : Companies across the world have started to adopt environmental accounting. What is environmental accounting? Should it be made mandatory? Does environmental accounting help the environment in any way? Give specific examples of how environmental accounting has benefited the environment. ------------------------------------------------- Introduction : The developing countries like India are facing the twin problem of protecting the
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depositors. Begin with accounting principles from Islamic perspective‚ this paper discusses the concept of accrual and cash basis and scholar opinion about this basis of accounting. Both accrual and cash basis implementation with its advantages and disadvantages also discuss in this paper. An alternative method to improve fair and just between bank and customer is proposed. 1. Introduction The growth of Islamic financial market and institution create the need for different accounting requirement. This
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