Learning Objectives After studying this module you should be able to: Understand the importance of ethics Know the history of ethics in accounting Incorporate ethics into your decision process Know ethical standards for accounting professionals Understand ethical implications of the U.S. transition to IFRS Appreciate lessons learned from recent business scandals SECTION 1 — THE IMPORTANCE OF ETHICS Ethics is an important part of your accounting education and it will play an increasingly important
Premium Ethics
Involvement) LEARNING OBJECTIVES (TOPIC 3) After completion of this topic‚ you will be able to: 1. Describe the main ethical theories and apply it to business scenarios © iStockphoto.com/Dan Bachman ETHICAL THEORIES Three periods in history of ethics Greek period (500 BC-AD 500) • The man who performed his duties as a citizen = good man • Greeks – “Man is the measure of all things” – he decides for himself what is right and wrong • Socrates‚ Plato and Aristotle emphasised the need and importance
Premium Ethics
Ethics-3rd period Mrs. Shaffer Sam Vallance Ethics of Child Labor I. Intro A. During the nineteenth and early twentieth century child labor was a rampant problem with the advancements in technology. Then during the mid twentieth century‚ the United States started implementing child labor laws such as setting an age limit for somebody to work for pay and also setting certain health and safety codes at the work place. Despite efforts to prevent child labor‚ it is still prevalent in
Premium Ethics Virtue Utilitarianism
medicine.” Many years ago he was diagnosed with Diabetes Mellitus Type II and has been on insulin for two years. His blood sugar on admission was 589. He is retired and was widowed one year ago. He’s active in his church‚ gardens‚ and likes to work on small projects around the house. His medical history includes Diabetes Mellitus Type II‚ insulin dependent‚ Hyperlipidemia‚ and Osteoarthritis. The three possible scenarios I came up with are 1) to discharge S.Z. from the hospital and go home
Premium Nursing Diabetes mellitus Health care
Q1. Explain how utilitarian might prove a defence for Roche and how a rights-based ethic might instead condemn Roche’s drug trails in China. A. According to the Utilitarian Ethics point of view that support the benefits of greater number of people compare to the loss of fewer people or supports the idea that gives happiness to the majority. As far as this case is considered utilitarian does support Roche’s drug tests on transplant patient because the test helps the company to create medicines like
Premium Ethics Organ transplant
Reason why people give up on ethics Self-interest sometimes morphs into greed and selfishness‚ which is unchecked self-interest at the expense of someone else. This greed becomes a kind of accumulation fever. “If you accumulate for the sake of accumulation‚ accumulation becomes the end‚ and if accumulation is the end‚ there’s no place to stop‚” he said. The focus shifts from the long-term to the short-term‚ with a big emphasis on profit maximization. For example‚ swaps (where two communication
Premium Ethics
Work- a Burden or a Blessing? Imagine if you could plan your perfect day and have everything fall directly into place. What activities‚ people‚ or events would you include? While in my junior year of high school my perfect day was planned. It was going to be on Memorial Day‚ the day every student looks forward to in California. It’s the first official beach day of the summer and that year it was going to be the best. Summer had come early and it was hot‚ breaking all previous years high temperatures
Premium Optimism Motivation Pessimism
Ideal Work From very early ages there is the question that bugs almost every child‚ “Whom will I become when I grow up?” Somebody wants to become a teacher or cosmonaut‚ somebody dreams about being a president or actor. This is how we see our future ideal work in the childhood‚ but how we see such ideal work in our adult life. Personally‚ I‚ being a child‚ did not know whom will I become when I grow up. I used to say that life will show‚ but I definitely knew that it will be a creative work.
Premium Soul Life 2008 singles
Let’s Work Together Dealing with people at work is perhaps one of the most difficult challenges a person will ever face due to the many differences in culture‚ gender‚ and personalities. The same applies to life outside work because our society is so much integrated and diversified compared to‚ say 50 years ago. Neighborhoods have changed and we see the obvious cultural and gender integration‚ such as the opposite gender taking a line of work that once used to be strictly for the other gender
Premium Employment Gender Woman
Ethics Oral Exam Outline Introduction Philosophy- is to reason about the ultimate questions of life such as Is there a God? What is our purpose? How are we ought to live? In philosophy we ask questions and seek answers. In finding answers we must have logical reasoning which means we go from premises to a conclusion. EX: One of the two children took the last cookie. Sam doesn’t like cookies and didn’t eat it. Therefore Jack took the last cookie. Argument- set of statements consisting of premises
Premium Ethics Morality