Going Concern in a Credit Crisis – Call for Your Views Steve Priddy Director of Technical Policy and Research October 2008 You can comment on this piece at http://discuss.accaglobal.com/view_topic.php?id=49&forum_id=62 One of the fundamental accounting concepts is that financial statements are prepared on a going concern basis – that is that there is an underlying assumption that the entity will continue in operational existence for the foreseeable future and that the entity has neither the intention
Premium Balance sheet Financial statements Generally Accepted Accounting Principles
Ethical and Legal Issues in Business The rights‚ duties‚ and responsibilities of the quality control personnel in relation to the core values of the company are one of the key ethical issues. This is because the quality control manager sensibility lay on the ability to execute his or her duties to avoid the occurrence of an incident. The other ethical issue was based on whether G-BioSport should take responsibility for the problem or decline to accept the problem despite the claims to maintain
Premium Ethics Morality Management
culture is supposed to be characterised by ethical behaviours for it to make decisions that are more likely to be socially responsible rather than motivated solely by making profits. Organisations that are committed to long term success recognise and realise that creating a culture where ethical behaviours are rewarded and encouraged is the ultimate key to survival and growth. This paper aims at outlining three ethical theories and to evaluate how business ethics have been violated in the Zimbabwean
Premium Ethics
1. What are the potential ethical issues faced by ACME Corp? Frank from ACME corp. is leveraging his personal relationship and offering bribes and kickbacks to Otis of Thermocare to increase purchase contracts. This could potentially be a large problem if Thermocare becomes aware of such practices. The purchase of product should be warranted w/ quality of products and price structures‚ not because it gets you tickets to baseball games and Cancun. If ACME is competitive‚ there is nothing
Premium Ethics Business ethics
Current Ethical Issue in Business PHL/323 Current Ethical Issue in Business In today’s changing world of economical and social standings‚ individuals have to be aware of how ethical issues are of the utmost importance in the 21st century corporate world. The following paper will show the reader how a certain company deals with the ethical responsibilities and how actions of not following them of have consequences‚ not for just the company
Premium Ethics
My Goals and Concerns My goals for this class is that I want to understand more about how people feel about ethics and if they want to change them. If they want to change them‚ then why do they want to change them‚ and what would they change them to. My only fears are that maybe the instructor does not put enough information out about the assignments on what should be done. That even after I contact the instructor and ask questions that I believe will help clarify the assignment‚ I still will not
Premium Ethics Question Business ethics
International Business Ethical Practices CMGT/530 IT Organization Behavior Abstract In this paper I indentified the importance of international ethical business practices. With public scandals and corporate corruption‚ highlighting the need for ethical awareness and evaluation of behaviors carried out by the companies and its employees. Strategies such are code of conduct and training courses‚ are developed by internal and external organizations to bring ethical awareness to organizations
Premium Ethics Business ethics
ETHICAL ISSUES IN BUSINESS RESEARCH “Just as there are ethical aspects to all human interaction‚ there are some ethical questions about business research.” What are ETHICS? Such a question is a philosophical question. Philosophers do not generally agree as to the to the question but people’s rights and obligations are usually dictated by the norms of society. Societal norms are codes of behaviour adopted by a group; they suggest what a member of a group ought to do under given circumstances
Premium Ethics
Ethical Issues in Business and Accounting Barbi Hammond October 31‚ 2010 Ethical Issues in Business and Accounting The business and accounting worlds are full of ethical dilemmas and scandals. The works of great philosophers of the past can be directly applied to current situations in today’s business and accounting ethical situations. David Hume is one of the philosophers whose works could be applied to the business world today. David Hume was a Scottish philosopher. Hume introduced the
Premium Philosophy Morality Immanuel Kant
Logistical Concerns: Community/ provider attitudes Understanding Substance Abuse: “Substance abuse refers to a set of related conditions that are associated with consumption of mind-behavior-altering drugs‚ which have negative behavioral and health concerns” HHS (2010). Social and community attitudes towards consumption of illicit drugs make substance abuse a complex issue with public health. In addition‚ substance abuse has been a flash-point within the criminal justice system with a major focal
Premium Pharmacology Drug addiction Public health