...your commitment to public interest? It was year 2002 when I was elected as Sangguniang Kabataan Chairman in our barangay. As a youth leader, I have tons of functions and duties to perform - to enhance the social, political, economic cultural, intellectual, moral, spiritual and physical development of the youth in the country, just to name a few. There was self-sacrifice on my part, but since I am very willing to serve my community and help address the needs of our youth in our barangay I am eager to bypass my own needs. And this is just one of the many things on how to show commitment to public interest which for me is an aspiration to serve society based on values and responsibility. Being a public servant demands the commitment to public interest. This is so because once you come into the government service, a relationship between you and the government is created. I also have to attend our sessions regularly. For if I do not attend meetings, I betray the trust that the public placed on me. There are many ways for which we can show our commitment to public interest depending on the job that we are in. They may be simple and common but sometimes hard for others to do. One more way is by having decisions that should be for the interest of the common good. I will not use my position, information or property to go after my personal interest. I will also ensure that the government’s fund, property and supplies are in good hands. I want to be identified as such public servant...
Words: 579 - Pages: 3
...2013.21003 Published Online January 2013 (http://www.scirp.org/journal/ojacct) Sarbanes-Oxley and the Accounting Profession: Public Interest Implications Sara Ann Reiter1, Paul F. Williams2 2 1 Binghamton University, Binghamton, USA North Carolina State University, Raleigh, USA Email: sreiter@binghamton.edu Received October 31, 2012; revised December 1, 2012; accepted December 12, 2012 ABSTRACT The US accounting profession was caught up in, and some say responsible for, the whirlwind of accounting and business scandals that rocked the US markets in 2002. To restore investor confidence in financial information, the Sarbanes-Oxley Act created a new Public Company Accounting Oversight Board with the authority to set standards for auditors of publicly traded companies, thus ending a century of professional regulation of auditing. In this analysis we employ sociological theories of professionalism [1-4] to help understand the implications of the Sarbanes-Oxley legislation for the accounting profession and for the public interest. We explain why professional self-regulation is important for retaining valuable economic franchises. We also explain why the public interest orientation of the profession is important and how government take-over of auditing standards potentially erodes the public accounting profession’s commitment to the public interest. Self-control over professional work, a key characteristic of professional status, is pre-empted by the newly created government...
Words: 6097 - Pages: 25
...Commitment to the Public Interest Whether you are interested in devoting your career to public interest law or providing pro bono services while practicing in a private firm, Chicago-Kent can help you improve the legal profession and meet the legal needs of millions of Americans who are unable to obtain affordable, fair legal support. Chicago-Kent is dedicated to supporting students, alumni and those in the legal community pursuing the public interest through the Certificate in Public Interest Law, initiatives, curriculum, student organizations and faculty. Chicago-Kent recognizes that the American Bar Association's Model Rule of Professional Responsibility stating that "a lawyer should aspire to render at least 50 hours of pro bono publico legal services per year and should voluntarily contribute support to organizations that provide legal services to persons of limited means," is a commitment that must be emphasized throughout law school. Chicago-Kent has a strong public interest tradition and a rich array of activities, courses and resources that encourage students to consider public interest law. Building on that tradition, Chicago-Kent offers the Certificate in Public Interest Law. The certificate allows students to earn a credential that further illustrates their dedication to public interest law, while also providing students with a personalized curriculum to satisfy their individual career goals. Chicago-Kent's Public Interest Law and Policy course, a core requirement...
Words: 386 - Pages: 2
...The Role of Motivation, Commitment and Leadership in Strengthening Public Service Performance Adrian Ritz University of Bern Centre of Competence for Public Management Schanzeneckstrasse 1, P. B. 8573 CH-3001 Bern Switzerland Objective •This correlation between leadership behavior, motivation, and commitment in public institutions is examined in this article. It is highly relevant, both theoretically and practically, for explaining in a better manner the basic area of conflict between managerialistic steering principles and incentive mechanisms, on the one hand, and the public interest for managing state institutions, on the other. • In this article, prior research is augmented by new perspectives and empirical results from Switzerland on the relationship between motivation, leadership behavior, and performance in the Swiss federal administration. The article deals, on the one hand, with the relationship between public sector motivation (PSM), job satisfaction, organizational commitment (OC), and leadership behavior and, on the other hand, with the influence of these variables on the internal efficiency of public administrations. Hypothesis H1: The higher the Public Service Motivation, the higher the organization’s internal efficiency. H2: The greater the Organizational Commitment, the higher the internal efficiency of the organization. H3: Employees with higher Public Service Motivation exhibit greater Organizational Commitment. H4: The greater the job satisfaction...
Words: 556 - Pages: 3
...Institute of Certified Public Accountants (AICPA) was originally founded in 1887. The AICPA founded accounting as profession, which is distinguished by high professional standards, strict educational requirements, a detailed code of professional standards, and a commitment to serving the public interest. In the early years of the organization rules and regulations were drafted. During the 1970s the responsibility of setting generally accepted accounting principles (GAAP) was transferred to the Financial Accounting Standards Board (FASB). The AICPA provides training, professional skills, programs, services, and publications to its 394,000 members. The AICPA Code of Professional Conduct consists of rules and principles. The principles provide the framework for the rules and rely on the professional conduct and knowledge of its members. The code is considered the foundation of ethical reasoning in accounting because it addresses all aspects of the accounting process in detail. The code of professional conduct expresses the profession’s responsibility to the public, colleagues, and clients. The code defines the expectations of individuals as a voluntary act within guidance of the principles. I believe the three most important purposes of the AICPA Code of Professional Conduct to be in Section 53 – Article II – The Public Interest, Section 55 – Article IV – Objectivity and Independence, and Section 54 – Article III – Integrity. Article II, The Public Interest, states all those who...
Words: 404 - Pages: 2
...addressing the needs of a globe very often torn by strife, which often results in epidemics, not to mention the casualties caused by weapons. My commitment to public health policy is based, thirdly, on both my personal experience of its lack, on my studies of the health of populations denied proper policies by their governments and non-governmental organizations, and on a deep belief that the third element that is needed for public health policy, particularly in health-related arenas, is ethics. D – Ethics as a guiding principle in the making of public health...
Words: 1462 - Pages: 6
...principles. These principles are “responsibilities, the public interest, integrity, objectivity and independence, due care, and scope and nature services” (Mintz & Morris, 2011). Each of these principles are used as a guide for the accountants performance of professional responsibilities and the commitment to uphold the publics trust even at the expense of personal benefits. This code of conduct is considered to be the foundation of ethical reasoning in the accounting field because it touches on all aspects of the accounting profession. It also protects all the parties that are involved, the accountant, investors, the public, and creditors. I believe that the three most important purposes of the AICPA is to protect the client, the public, and the accountant. I would say that the most important purposes of the AICPA because the client, the public, and the accountant are the individual parties that make a company succeed or fail. Protecting these individuals is accomplished by following the AICPA principles in all situations. The three main principles that do this are responsibilities, the public interest, and integrity. Accountants have responsibilities to anyone who employs their accounting services. They also have the “responsibility to cooperate with other accountants to improve the art of accounting and to maintain the public’s confidence” (Mintz & Morris, 2011). The second principle, the public interest, effects the public in a couple of ways. For example, the members of...
Words: 448 - Pages: 2
...Published by Public Transport Victoria, 750 Collins Street, Docklands VIC 3008. ptv.vic.gov.au © Public Transport Victoria 2013 This publication is copyright. No part may be reproduced by any process except in accordance with the Provisions of the Copyright Act 1968. Authorised by Public Transport Victoria, 750 Collins Street, Docklands VIC 3008. ISSN 2202-8315 (Online) Print managed by Finsbury Green, Level 9, 124 Exhibition Street, Melbourne VIC 3000. This document is available in an accessible format at ptv.vic.gov.au. Printed on environmentally friendly paper. PTVH0291/13 Leading our public transport network – for all Victorians today and tomorrow. Contents Transmittal letter Abbreviations Chair and Chief Executive’s foreword 2 3 4 1 Structure and governance Organisational structure Public Transport Victoria Board Chief Finance Officer’s Statement 5 8 9 12 2 Highlights and Performance Report Highlights PTV Performance Report 15 16 22 3 4 Financial statements Appendices 31 99 1 Public Transport Victoria Annual Report 2012 – 13 2012 – 13 Annual Report transmittal letter 11 September 2013 The Hon. Terry Mulder MP Minister for Public Transport 121 Exhibition Street Melbourne VIC 3000 Dear Minister Annual Report 2012 – 13 In accordance with provisions of the Financial Management Act 1994, I am pleased to present the Public Transport Victoria Annual Report for the year ended 30 June 2013. Yours sincerely Ian Dobbs Chair and Chief Executive Public Transport Victoria...
Words: 33918 - Pages: 136
...I. COMMITMENT TO PUBLIC INTEREST * How can you show your commitment to public interest? Public Office is a public trust , therefore I am bound to commit myself as a public servant to obey due diligence of a good mother of the family in the exercise of my duty as Election Officer in the Commission on Elections. My decision should be guided well on how to use the resources and powers which should be used for the betterment of the community and for the welfare of the people in general. Firstly, dedication to work is very important and this will help me decide on how to work efficiently by organizing the agenda and work plans for the day so that there would be a smooth flow of output in the accomplishment to whatever reports needed. Secondly, by using conscientiously the knowledge and experiences in the assigned work in the office, sometimes it counts when there is a devotion and dedication in the assigned task . Thirdly, honesty is the best policy ,especially with the disposition of office supplies and funds in the Office, my duty is to dispose it properly and all accounted for and recycle some office supplies . Lastly, by exercising the cost-effective way to use the resources in the office simply by not wasting money for nothing or unnecessary expenses in this case it will help the government to augment important projects for the people. II. PROFESSIONALISM How can you become more professional? How can you improve the work you do in the office to improve...
Words: 263 - Pages: 2
...whether or not CPAs who provide accounting, taxation, and related services to small business have a responsibility to serve as the “moral conscience” of their clients. The accounting profession requires ethical behavior in order to maintain the public trust. Ethical problems and dilemma arise when there is a conflict in fulfilling the moral duties or obligations and self interest. Therefore the CPA and public accountants are required to act in the line with the standards and code of ethics. According to the Utilitarian theory the action is considered as ethical if it results in achieving the greatest good to the maximum number of people. The AICPA principle of professional conduct requires that members should act with responsibility, in public Interest, objectively and independently, with integrity and due care towards the professional and technical standards to deliver the quality services. A profession is considered as a group of specialized people who posses skill based upon their impenetrable knowledge and thus they are expected to act in the best interest of public. According to the IFAC code, the responsibility of the professional accountant is not to satisfy the needs of the employer or the client but to serve the public interest. Adhering to the above expectations and professional requirements, the CPAs should serve as the moral conscience of their clients. When the CPAs come across any activity of the client which is not ethical they should discuss the issues with their...
Words: 1508 - Pages: 7
...Delivering Commitments on our ® Our Vision Our vision is . . . To be the world’s first-choice provider of insurance and financial services. We will create unmatched value for our customers, colleagues, business partners and shareholders as we contribute to the growth of sustainable, prosperous communities. Our Values • People Develop diverse talent. Reward excellence. • Customer Focus Anticipate their priorities. Exceed their expectations. • Performance Be accountable. Manage risks. Deliver AIG’s strength. • Integrity Work honestly. Enhance AIG’s reputation. • Respect Value all colleagues. Collaborate with one another. • Entrepreneurship Seize opportunities. Innovate for and with customers. Deliver the Firm The core values and principles set forth in our Code are a reflection of the talents and expertise which distinguish AIG and are an integral component of the value proposition that we bring to our customers, employees and all of our communities as we strive every day to truly Deliver The Firm. In order to execute our Deliver The Firm strategy, AIG expects every employee to collaborate with colleagues throughout the organization, manage risks, comply with all applicable regulations and optimize operational efficiencies. A Message from Anastasia D. Kelly In 1919, 27 year old Cornelius Vander Starr founded an insurance agency in Shanghai, China that established the roots of the organization that became AIG. Starr was not a wealthy...
Words: 8835 - Pages: 36
...absolute estate has a potential infinite duration and unrestricted inheritability | True | A fee simple on condition subsequent estate automatically expires on the happening or nonhappening of the event stated in the deed of conveyance or the will creating the estate | False | A fixture is classified as real property | True | A foreign person affidavit is for the benefit of the purchaser | True | A foreign person affidavit is for the benefit of the seller | False | A foreign person affidavit is signed by the purchaser | False | A foreign person affidavit is signed by the seller | True | A hazard waste indemnity found in many real estate contracts is for the benefit of the seller | False | A judgment that has been recorded in the public records becomes a lien on all property of the judgment debtor owned at the time of recording as well as any future property acquired by the debtor | True | A landlord's basic remedies for tenant's default under the lease are | Sue the tenant for performance and...
Words: 3883 - Pages: 16
...Introduction to Business Environment According to the business dictionary, the business environment is the combination of all factors that influence a company's operating situation. The business environment can include large factors such as stakeholders: customers, clients, suppliers, distributors, owners, shareholders, employees, competitors, government bodies, media, action groups and others factors as market, economy, social and industry trends, demographics and cultural factors, referred as operating business. So business environment is the set of external and internal factors which affects the activities of the organisation, the decisions of the business. Each organisation has an own environment. The environment of a business can be seen in two ways of factors (Kew and Stredwick, 2005): - Macro environment (general environment): concerns national culture (historical background, ideologies and values), scientific and technological developments, the level of education, legal and political processes, demographic factors, available resources, the international environment and the general economic, social and industrial structure of the country. - Micro environment (task environment): concerns the forces relevant to an individual organisation within an industry including customers, suppliers, competitors, regulators, the local labour market and specific technologies. The business environment is the climate in which the business methods, skills, attitudes and objectives...
Words: 3359 - Pages: 14
...and the progress of society, even though you have a written contract between you and your partners, you have little uncertainty and unsureness about the commitment. People in nowadays cannot be simply trusted anymore. This is the issue we should concern. What is ‘integrity’? Does integrity matter or even exist anymore? The article I read is called ‘Integrity in Professional Life: Issue of Conduct, Commitment and Capacity.’ The author Sarah Banks (2010), mainly discusses about the nature of professional integrity and the author identifies three versions of ‘professional integrity’: ‘morally right conduct’; ‘commitment to a set of deeply held values’; ‘and a capacity for reflexive sense-making and reliable accountability.’ The word ‘integrity’ is derived from the Latin “integritās”. Accounting to Webster’s Newworld College Dictionary, the term has three definitions: 1). the quality or state of being complete; 2) the quality or state of being unimpaired; 3) the quality or state of being of sound moral principle (P.702). Frequently, integrity refers to “moral uprightness” when it is used to describe a man and his action. I still remember that students laughed when the professor questioned ‘are politicians can be classified as professionals’. Regardless the four central themes of the professional, expertise, autonomy, public and benefits, some politicians nowadays even contravene the life principle of human being. Eliot Spitzer, for instance, the former governor of New York City...
Words: 1067 - Pages: 5
...among the public or private employees. The situation can be seen in several countries, there are a lot of unethical behaviors from employer or employees. There must be a reason unethical behavior happened. So, whistle-blowing protection was introduced in order to prevent any unethically behaviors in organization such as fraud, corruption, abuse of power and so on. Whistle-blowing has been defined as ‘disclosure by a current of former organization member of illegal, inefficient, or unethical practices in a organization to a person or parties who have the power or resources to take action ( Near and Meceli, 1985). It continues to receive media intention (Vinten, 1997). Whistle blowing is a deliberate non-obligatory act of disclosure, which gets onto public record and is made by a person who has or had privileged access to data or information of an organization, about non-trivial illegality or other wrongdoing whether actual, suspected or anticipated which implicates and is under the control of that organization, to an external entity having potential to rectify the wrong doing. Whistleblowing is presented as dissent, in response to an ethical dilemma, in the form of a public accusation against an organization. It contains six elements. These are: the act of disclosing damaging news; the whistleblower agent; a disclosure subject – some (potential) wrongdoing; a target organization held responsible; a disclosure recipient; and an outcome –the disclosure enters the public domain...
Words: 7215 - Pages: 29