...Module 1 National library of New Zealand Is accounting a profession? Ethics Failures in Corporate Financial Reporting The strategic accountant - best show business leadership Public practice: Firm of the future Briefly explain why you think that SMEs do not extensively rely on their external accountants for business advisory services. discuss at least four types of relationships and possible conflicts an accountant faces in performing the above roles How soft skills can boost your career Former Harris Scarfe officer jailed The Ford Pinto Nestle Milk Powder Exxon Oil Company Jacinta faces distress in the office what circumstances apply professional judgement Module 2 Accoutants,ethical issues and the corporate governance context apply the code's conceptual framework approach to explain threat to independence Arthur Andersen and auditor independence accountant no experience,what he should do to perform audit The cautionary tale of Jose L.Gomez contact or obtain professional clearance prior to accepting the appointment? fundraising for a charity,sole tax purposes,voilation of ethic? marketing professional services Explain why integrity is an essential attribute of the profession quality control, merger,not yet completed a review kitchen-tabling-Keith Purcell's earnestness Utilitarianism Does employer have a right to inquire your personal life-rights theory Cheating-the pressure on Pasquale Vialletta to succeed which stage of Kohlberg's of CMD best describes the decisionmaking behaviour...
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...SEMESTER 2 2011 CPA 118 ETHICS AND GOVERNANCE CPA - ETHNIC SEMESTER 2 2011 MODULE 1 ACCOUNTING AND SOCIETY 1.05 1.05 Part A: Ineraction with society Depictions of A/cting Depiction Defeating depictions defeat Fig 1.1 new bean counter How to become professional? 3 aspects 1.06 Recruiting the best Beard(1994),Smith and Briggs(1999) and Simnik and Felton(2006) Friedman& Lyne(2001);Albrecht and Sack(2000);Coate et al.(2003) Jeacle: colourful accountant linked to corporate collapses 1.07 Moral agency Biddle(2006) Value creation - key to maintain high standards Moral agent - refer to individual making moral judgement for others Moral agent theory based on concept " act appropriotely and professionally" 1.08 Technical functions and social impact Understanding A/cting A/cting defination - Macquarie Dictionary - Technical practice - bookkeeping Not Prefect def - AAA(American A/cting Association) -communication skill… 1.09 Social impact of A/cting + impact - based on historic A/cting info professional capabilities - technical knowledge,soft skill & experience 1.10 Social impact example - A/cting and the GFC "mark-to market" Lonergan (2009) - if A/cting causative factor in GFC 2008/2009 1.11 Q 1.1 Logergan 'standard setters'slow reaction only cause GFC ? NO How wisdom come out? - experience /knowledge Distinguishing feature - building relevant wisdom over time Parker et al. (1989) - induce other behaviour Miller(1994) - intrinsically and inredeemable social impact IMPACT Macro level:...
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...2011 CPA 118 ETHICS AND GOVERNANCE MODULE 1 ACCOUNTING AND SOCIETY 1.05 1.05 Part A: Ineraction with society Depictions of A/cting Depiction=描述 Defeating depictions defeat =挫败 Fig 1.1 new bean counter How to become professional? 3 aspects 1.06 Recruiting the best Beard(1994),Smith and Briggs(1999) and Simnik and Felton(2006) Friedman& Lyne(2001);Albrecht and Sack(2000);Coate et al.(2003) Jeacle: colourful accountant linked to corporate collapses 1.07 Moral agency Biddle(2006) Value creation - key to maintain high standards Moral agent - refer to individual making moral judgement for others Moral agent theory based on concept " act appropriotely and professionally" 1.08 Technical functions and social impact Understanding A/cting A/cting defination - Macquarie Dictionary - Technical practice - bookkeeping Not Prefect def - AAA(American A/cting Association) -communication skill… 1.09 Social impact of A/cting + impact - based on historic A/cting info professional capabilities - technical knowledge,soft skill & experience 1.10 Social impact example - A/cting and the GFC "mark-to market" Lonergan (2009) - if A/cting causative factor in GFC 2008/2009 1.11 Q 1.1 Logergan 'standard setters'slow reaction only cause GFC ? NO How wisdom come out? - experience /knowledge Distinguishing feature - building relevant wisdom over time Parker et al. (1989) - induce other behaviour Miller(1994) - intrinsically and inredeemable social impact IMPACT Macro level: all types of business to gain power...
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...Introduction An organisation’s ethics determines its reputation. In today’s competitive market, in view of globalisation and technological advances, it is especially essential for organisations to practice ethical business behaviour to build a strong public image to garner the support of consumers and employees. Although practicing good business ethics has many benefits, it remains as a constant challenge for organisations, as the potential for unethical behaviour is illimitable. In recent years, the cases of corporate misconduct in Singapore have been on the rise. In June 2011, Deputy Prime Minister Teo Chee Hean announced that commercial crimes, including fraud and cheating, rose by 13% as compared to 2010 (Othman, 2012). As most organisations have established codes of ethics to guide their employees regarding their ethical responsibilities, the imperative issue here is how effective is the code of ethics in regard to instilling ethical behaviour. In this essay, we will firstly look at the definition of ethical behaviour and an overview of the ethics program. Next, the effectiveness of the code of ethics and the criteria for it to be effective will be addressed. Lastly, a conclusion will be made to determine if the code of ethics is the most effective method for instilling ethical behaviour. Ethical Behaviour in Organisations Ethics as according to Wood, et al. (2006) can be defined as a behavioural code that explains what is good and right, as opposed...
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...Syllabus Certified General Accountants Association of Canada 100 – 4200 North Fraser Way Burnaby, British Columbia Canada V5J 5K7 www.cga-canada.org © CGA-Canada, 2013 All rights reserved. These materials or parts thereof may not be reproduced or used in any manner without the prior written permission of the Certified General Accountants Association of Canada. Printed in Canada ISBN for an individual volume: 978-1-55219-599-4 About CGA-CANADA _________________________________________ CGA-Canada today The CGA designation focuses on integrity, ethics, and the highest education requirements. Recognized as the country’s accounting business leaders, CGAs provide strategic counsel, financial leadership, and overall direction to all sectors of the Canadian economy. The Certified General Accountants Association of Canada — CGA-Canada — sets standards, develops education programs, publishes professional materials, advocates on public policy issues, and represents CGAs nationally and internationally. The Association represents 75,000 CGAs and students in Canada, Bermuda, the Caribbean, Hong Kong, and China. Mission CGA-Canada advances the interests of its members and the public through national and international representation and the establishment of professional standards, practices, and services. A proud history CGA-Canada was founded in Montréal in 1908 under the leadership of John Leslie, vicepresident of the Canadian Pacific Railway. From the beginning, its objective...
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...BUSINESS FACULTY Course Handbook 2015–16 BUSI1314 - Business Ethics Level 5: 15 Credits Contents 1. WELCOME .......................................................................................................... 3 2. INTRODUCTION TO THE COURSE ............................................................................... 4 1.1. AIMS .............................................................................................................. 4 1.2. LEARNING OUTCOMES ............................................................................................. 4 2.3 LEARNING AND TEACHING ACTIVITIES .............................................................................. 4 2.4 EXPECTED STUDY TIME ............................................................................................ 4 2.5 ADDITIONAL REQUIREMENTS....................................................................................... 4 3. CONTACT DETAILS................................................................................................ 5 3.1 EXTERNAL EXAMINING OF YOUR COURSE AND PROGRAMMES OF STUDY ............................................ 5 4. COURSE CONTENT AND DESIGN ................................................................................ 7 4.1 PLANNED TERM DATES: ........................................................................................... 7 4.2 SESSION PLAN................................................................
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...CHAPTER 1 ACCOUNTING: INFORMATION FOR DECISION MAKING OVERVIEW OF BRIEF EXERCISES, EXERCISES, AND CRITICAL THINKING CASES Brief Exercises B. Ex. 1.1 B. Ex. 1.2 B. Ex. 1.3 B. Ex. 1.4 B. Ex. 1.5 B. Ex. 1.6 B. Ex. 1.7 B. Ex. 1.8 B. Ex. 1.9 B. Ex. 1.10 Learning Objectives 1, 3, 5 2, 5 3, 4 5, 6 1, 3, 5, 6 5, 6 2, 5, 6 7, 8 5, 7 1 Topic Users of accounting information Components of internal control Inexact or approximate measures Standards for the preparation of accounting information FASB conceptual framework PCAOB COSO Professional certifications in accounting AICPA code of professional conduct Personal benefits of accounting skills Skills Analysis Analysis Analysis, judgment Analysis Analysis Analysis, research Analysis, ethics Analysis Analysis, ethics Analysis Exercises 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15 1.16 Topic You as a user of accounting information Real World: Boeing Company, California Public Employees Retirement System, China Airlines Users of accounting information What is financial reporting? Generally accepted accounting principles Accounting organizations Investment return Accounting terminology Accounting organizations Financial and management accounting Management accounting information Accounting organizations Purpose of an audit Audits of financial statements Ethics and professional judgment Careers in accounting Home Depot, Inc. general information Learning Objectives Skills 1 Analysis, judgment 3, 4 Analysis...
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...Ethics and ABA Model Rules Hugh Jasz Kaplan University LS-102 Introduction to Law In the field of law practice, who appears in the disciplinary line of fire the most – larger law firms or solo practitioners? Research supports both settings each come with their own specific challenges . This is a discussion of a portion of the ABA Model Rules of Professional Conduct, and how some may relate more toward independent lawyers or some more toward law firms. A primary risk associated with solo practitioners is the lack of backup, or a “second set of eyes” (Heilman, 2012). In a larger law firm, there is a greater chance that potential mistakes may be “caught” by the additional personnel in the office. It is also felt that if there is only one person making all the decisions of daily management, there can be a loss of good judgment (Heilman, 2012). An additional primary concern is whether the attorney has adequate business training and financial backing needed to keep the practice afloat. If setting up shop means having to invest a large amount of money, huge debt may pile up and then when expenses pop up that are not prepared for (such as that needed for CLE courses, etc.), there may eventually be a downward spiral that cannot be overcome. If an attorney faces closing his or her business and there are cases pending or if there is a deficiency in client trust accounts, therein lies the potential for disciplinary sanctions (Heilman, 2012) Model Rule 1.1 states that “A...
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...CHAPTER 1 ACCOUNTING: INFORMATION FOR DECISION MAKING OVERVIEW OF BRIEF EXERCISES, EXERCISES AND CRITICAL THINKING CASES Brief Exercises B. Ex. 1.1 B. Ex. 1.2 B. Ex. 1.3 B. Ex. 1.4 B. Ex. 1.5 B. Ex. 1.6 B. Ex. 1.7 B. Ex. 1.8 B. Ex. 1.9 B. Ex. 1.10 Learning Objectives 1, 3, 5 2,5 3,4 5,6 1, 3, 5, 6 5, 6 2, 5, 6 7, 8 5, 7 1 Topic Users of accounting information Components of internal control Inexact or approximate measures Standards for the preparation of accounting information FASB conceptual framework PCAOB COSO Professional certifications in accounting AICPA code of professional conduct Personal benefits of accounting skills Skills Analysis Analysis Analysis, judgment Analysis Analysis Analysis, research Analysis, ethics Analysis Analysis, ethics Analysis Exercises 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15 1.16 Topic You as a user of accounting information Real World: Boeing Company, California Public Employees Retirement System, China Airlines Users of accounting information What is financial reporting? Generally accepted accounting principles Accounting organizations Investment return Accounting terminology Accounting organizations Financial and management accounting Management accounting information Accounting organizations Purpose of an audit Audits of financial statements Ethics and professional judgment Careers in accounting Home Depot, Inc. general information Learning Objectives Skills 1 Analysis, judgment 3, 4 Analysis, research ...
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...Course Syllabus School of Business MGT/216 Organizational Ethics and Social Responsibility | Copyright © 2010, 2009, 2008 by University of Phoenix. All rights reserved. Course Description This course provides a foundational perspective for socially responsible management practices in business. Special emphasis is placed on the inter-related nature of ethics, moral, legal, and social issues in managing individuals, groups, and the organization within a business environment. Policies Students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: University policies: You must be logged into the student website to view this document. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials DeGeorge, R. T. (2010). Business ethics (7th ed.). Upper Saddle River, NJ: Prentice Hall. Trevino, L. K., & Nelson, K. A. (2007). Managing business ethics: Straight talk about how to do it right (4th ed). Hoboken, NJ: John Wiley & Sons. All electronic materials are available on the student website. Week One: Fundamentals of Business Ethics | | Details | Due | Points | Objectives | 1.1 Differentiate between ethical...
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...Business Ethics | Table of Contents 1.1 Business Ethics: 3 1.2 Absolute and Relative ethics 3 .3 Explain the ethical issues which can affect the operational activities of a business: 4 2.1 explanation of how business objectives are affected by ethical considerations 6 2.2 evaluation of the implications for a business and its stakeholders to operate ethically 7 3.1 Assessment of the role of the company acting as moral agent: 8 3.2 Analysis of the development of mechanisms for achieving employee involvement and empowerment 9 Employee Involvement Model 9 4.1 Research a current ethical issue affecting your selected business: 10 4.2 Report on how this business could improve the ethics of their operations whilst meeting their objectives and ensuring good employer/employee relationships: 10 4.3 Design a suitable ethical code: 11 Task 1: Ethical Perspectives in Business ------------------------------------------------- 1.1 Business Ethics: Business ethics is knowing right from wrong in the workplace setting. It concerns the effects of products and the needs of people who have an interest in the company (called stakeholders). Business ethics also focuses on the well-being of everyone because of the power over society that modern businesses hold. Business ethics can be difficult to understand because there are many schools of thought that list different ways to be ethical. In attempting to understand business ethics, it's best to start with universal ethics and then move on to more specific...
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...JOHN MOLSON SCHOOL OF BUSINESS DEPARTMENT OF MANAGEMENT Course Outline BUSINESS LAW & ETHICS COMM 315/2 Section CC Fall 2013 Instructor: Renée Desrosiers de Lanauze Office: Part-time lecturer's office MB 13th floor E-mail: renee@delanauze.com Office Hours: by appointment COURSE DESCRIPTION: Through the study of laws, ethical principles and court judgments, this course will introduce students to important legal and ethical issues that they may encounter within a business organization. In today’s environment of social awareness, business can no longer focus solely on maximizing profits and must recognize and respect its legal and ethical obligations to a wide range of stakeholders, both within and outside of the business organization. These stakeholders include employees, management, shareholders, directors, officers, the immediate community and society at large. COURSE OBJECTIVES: By the end of this course, students will be able to: 1) demonstrate an understanding of the relationship between law and ethics and how these two principles should not be treated as mutually exclusive; 2) select the most effective solutions to legal and ethical issues that may be encountered within the workplace; 3) identify the appropriate steps to be followed in both the legal and ethical decision making processes; 4) apply material learned in this course in order to analyze and propose solutions to legal and ethical problems. ...
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...five parts. 1.1 Identify each of the stakeholders and how they are affected. What are the main harms and benefits in this case for the different stakeholders based on the current situation? (20 MARKS) 1.2 From a utilitarian perspective, would you argue for or against the proposed tightening of UK banking regulation? (20 MARKS) 1.3 Using arguments based on the ‘maxims’ of duty, would you consider the UK banks to have acted ethically in their operations? (20 MARKS) 1.4 What clashes of rights are involved in this situation? Is it possible to judge their relative importance? Whose rights matter most in this situation? (20 MARKS) 1.5 Select and apply two other normative theories to critically examine the current situation? (20 MARKS) NOTE: (Word guideline 1,500 words not including appendices) APPENDIX C: – A Sample exam SAMPLE EXAM Enterprise and Social Responsibility TIME ALLOWED: 2 Hours. Semester - Examination Answer any 2 questions: (Both questions carry equal marks) 1. What do you understand by the term ‘globalisation’? How can its components be examined, and what is its relevance to the ethics of business practice? 2. Explain and evaluate the concept of ‘Corporate Citizenship’? Why should commercial firms invest in activities not directly related to their profitability? 3. Using appropriate examples, discuss the value of personal and situational influences in assessing how and why business decisions are...
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...Unit 6002 - Ethical organisational management ------------------------------------------------- Task 1: ------------------------------------------------- ------------------------------------------------- Explain the concept of ethics to the organisation and evaluate the factors which could influence organisational ethics. Evaluate the organisational code of ethics to establish if the legal requirements and the needs of stakeholders have been met. ------------------------------------------------- Guideline word count: 700 - 800 words ------------------------------------------------- ------------------------------------------------- A.C. 1.1 - Discuss the concept of ethics in an organisational context Organisations conducting themselves ethically means behaving both fairly and honestly. Organisation need to consider the impact and fairness of their decisions. Ethics in an organisation is about how the organisation conducts itself as it goes about its daily business. Managers and leaders are typically aware of their duties and responsibilities. However ensuring they execute their functions in an ethical manner which demonstrates integrity and honesty is equally or arguably more important. If an organisation behaves ethically then the organisation benefits. The reputation of the organisation or profession can improve, it reduces the risk of misconduct which could damage the organisation’s reputation. Ethical behaviour in an organisation enables the retention...
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...skills needed for philosophical thought about important moral issues that arise within a business context. The first part of this course will focus on understanding the nature of morality, and we shall discuss normative theories of ethics, theories of justice, the nature of capitalism and the rise of corporations. Next, we apply these theories to practical problems arising in the workplace, such as personnel policies, the right to privacy, the obligation to provide safe working conditions, and overall employee satisfaction. We also address the moral challenges facing an employee, including loyalty to the employer, abuses of power, whistle blowing and job discrimination. COURSE OBJECTIVES: 1. Students will improve critical thinking by developing their skills for explaining, critically examining, and responding to theories, uses and claims in the area of business ethics. 2. Students will improve writing skills by explaining, exploring and critically examining theories, issues and arguments in the area of business ethics. 3. Students will improve communication skills by explaining orally ethical issues and arguments that arise in a business context. 4. Students will develop an openness to having their beliefs challenged, will learn to hear and comprehend the views of others, and to entertain objections to their own view. REQUIRED TEXT: William H. Shaw, Business Ethics Thomson Wadsworth, 8th edition, 2014 ISBN: 1133943071 COURSE REQUIREMENTS AND GRADING:...
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