INTERNAL CONTROLS‚ AND ETHICS Prepared for the course team by Vimlesh B. Narayan Unit 1 Contents Unit 1 Contents 2 Concept Map 3 Learning Outcomes 4 1.1 Introduction 5 1.2 Accounting System Design 6 System Objectives and Design Factors 6 Designing the System 8 1.3 Internal Control Systems 17 Objectives of Internal Control Systems 17 Structure of Internal Control Systems 18 Why You Should Consider the Components? 21 Internal Control Principles and Limitations 25 1.4 Control over
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Explanation of the Utilitarian Ethical Theory There are many different ethical approaches that deal with the morality issues we face every day‚ but the utilitarian approach holds the feeling of morally belonging to a group and the lack of individualism that many others carry. It also can be a very cold approach for those who belong to the minority in a society. This is because the principle of utility says that “we ought to do that which produces the greatest amount of happiness or pleasure for
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Deontological ethics is too rigid in its emphasis on duties‚ utilitarian ethics too keen to override basic human rights. Deontology and utilitarianism are both types of ethics referring to how one reacts in a certain situation. Deontology is based on following a set of duties and sticking to these duties no matter what the consequences whereas utilitarianism is based on choosing the best outcome over a short term and long term even if it means depriving people of basic human rights for example
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COMPARE UTILITARIAN AND DEONTOLOGICAL THEORIES Utilitarianism is the idea that the moral worth of an action is determined by its usefulness. In maximizing utility and minimizing negative utility‚ in short it can be defined as pleasure minus pain. Deontology means duty or obligation. This theory was founded by a German philosopher‚ Immanuel Kant (1724-1804). According to Kant‚ it is the only way of making moral decisions. Another definition for deontology is that it is an approach to the justification
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Ethical Theories Utilitarianism Utilitarian ethical theories are based on one’s ability to expect the concerns of an deed. Utilitarianism’s creed is that the result of any action takes importance over any type of means‚ this means that Utilitarianisms objective is to help as many individuals as possible even if it were to negatively disturb people along the way so as long as it helped the general populace. Basically‚ it’s the ends that matter not necessarily the means. Rights Rights ethical theory
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I just came back from a business trip this weekend. It was the first time I worked as a “coordinator” for my company. I learned a lot and got “business culture shock” as well. I am not sure if there is the term in English. I just felt I was in another world that I had to speak another language and used another way of thinking especially in business meetings. For example‚ my boss blamed me that I shouldn’t have said “sorry” if he hadn’t said that. In my opinion‚ in Japan‚ it’s very common to
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The underlying principle of utilitarian theory is it seeks to punish offenders to discourage or deter future unlawful activity. However‚ the retributive theory seeks to punish offenders because they deserve to be punished (Net Industries‚ 2014). The utilitarian theory recognizes that punishment has penalties for both the offender and society. It holds that the total good created by the punishment should go beyond the entirety of evil; meaning punishment should not be unlimited. For example‚ releasing
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immoral. My argument is based on ideas that are rooted in both utilitarian and deontological ethics as I will show throughout the essay. One of the few religions to condone acts of abortion is Hinduism. This is not to say‚ however‚ that Hinduism is blindly accepting of all kinds of abortion. In Hinduism‚ the belief is that one should make a decision based on what kind of effect it will have on all those involved. This is a very utilitarian way of looking at abortion because it looks at the decision
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it’s pumped through hoses and get out to cut or weld the used metal and there are two cylinders one of them contain oxygen and we can control the amount of gas used . There are a regulator is used to control pressure from the tanks to the required pressure in the hose. The flow rate is then adjusted by the operator using needle valves on the torch. Accurate flow control with a needle valve relies on a constant inlet pressure to it. Most regulators have two stages: the first stage of the regulator is
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Sound Pollution 1.1) Causes of sound pollution 1.2) Effects of sound pollution 1.2.1) Human health effects 1.2.2) Environmental effects 1.2.3) Property effects 1.3) Solutions for sound pollution 5-11 2) Water Pollution 2.1) Causes of water pollution 2.2) Effect of water pollution 2.3) Solutions for water pollution 12-15 3) Land Pollution 3.1) Causes of land pollution 3.2) Effect of land pollution 3.3) Solutions for land pollution 16-20 4) Air Pollution 4.1) Causes of land pollution 4.2)
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