...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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...SEMESTER 2 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...
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...IIMA FDP Alumni Conference - Ethics & CSR 20-21 December 2013 It was a tremendous experience as well as a proud feeling to be a part of IIM-A FDP Alumni Conference, like “A sea meeting to a river” The fog was being cleared by many highly learned and extremely experience personalities during these two days with their innovative approach which I felt glad to be present with them. Especially the words spoken by Padmashree K. Ramkrishna Rao sir were very touching. The way he tried to explain the complex topics, briefly with a common way that was really phenomenal. I learned about human values and their basic responsibility towards society with the help of gandian studies or believe we can say. I think that human values plays a significant role in ethics. The informative words shared by prof. G.Subramanyam sir on how the ethics and social responsibility simultaneously determine the organization image as well as affects the industry .which was really a learning experience especially what things are happen around us we must be aware of that like how “SATYAM” has almost destroyed its image because of unethical practices done by them which even badly affected the software industry. Challenges in managing non-profit and social enterprises: Chair: primal sir and The panel was shared by ravi sir and rani man. Really it’s a challenging job to run a non-profit or a social enterprise. What I felt out of discussion is that running a social enterprise is even difficulty job compared to NGOs...
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...Ethics Objectives: 1. What are ethics? 2. What ethical theories and frameworks can impact our analysis of ethical behavior examples to demonstrate these frameworks you are already learning 3. Professional ethics “Engineers shall hold paramount the safety, health, and welfare of the public in the performance of their professional duties.” ASCE Code of Ethics 1. What are ethics? Ethics: a set of values or group of moral principles that are right and good a code or principles of behavior or conduct governing an individual or group Engineering Ethics: activity or discipline aimed at understanding the moral values that should guide engineering practice (only since late 1970s has systematic attention to ethics been devoted by engineers and others, as spurred by a national engineering ethics project sponsored by the U.S. Government (NSF, NEH) in 1978-1980) Why study ethics? to increase your ability as engineers to responsibly confront moral issues raised by technological activity not always in short term best interest, and bring long-term into decision making ethics are imprecise, complex, and in a given situation may conflict vague = which moral considerations to apply to a situation and in what “hierarchy” conflicting moral reasons are common, resulting in a moral dilemma disagreement over how to interpret, apply, and balance moral reasons in particular situations Illustrative “Thinking” Exercise You and your best friend graduate...
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...VIT CAMPUS National Seminar Department of Management Studies India 2020: Management Processes and Practices Technical Sessions I: Strategy & Governance Time Slot: 10:00-11:15 AM Chairman: Prof. T.N. Mathur, EAFM, University of Rajasthan • Keynote address by Professor Vidu Soni: Emerging Trends in HRM in India and its Dynamic Nature: An overview of the Profession • Presentation by Mr. Ripu Dhaman Singh, HCL • Paper Presentation by Col. Rajeev Bhargava, Associate Director, ISB Hyderabad : PPP in Defence Sector • Presentation by Mr. Sunil Kumar, Assistant Professor Gautam Buddha University Chairman: Prof. T.N. Mathur, EAFM, University of Rajasthan An eminent personality of India form University of Rajasthan. He emphasized on the quality assurance of business processes and practices. Quality drives productivity and improved productivity is a source of greater revenues, employment opportunities and technological advances. According to him quality should be envisioned in the strategic policies and practices of the business to explore the best possible outcomes from the business in a positive manner. • Keynote address by Professor Vidu Soni: Emerging Trends in HRM in India and its Dynamic Nature: An overview of the Profession She is a lady with great experience and exceptional talent. She explained the scope and objectives of Human Resource Management in terms of society and organizational benefits and the evolving nature of HRM profession...
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...ABOVE THE BOARD ------------------------------------------------- How Ethical CEOs Create Honest Corporations A book report We have seen in recent corporate history a litany of corporate scandals that rocked the foundations of the business world. Huge corporations whose economic outputs are larger than most of the developing countries have suddenly imploded under the weight of stock manipulation, unscrupulous accounting procedures and deliberate enculturation of business competitiveness anchored on ‘doing whatever it takes to win’. Small ethical cracks in the business foundation had gone too many and had been widely ignored by all of their stakeholders – employees, board of directors, stockholders, regulators, auditors and analysts. In the aftermath, we are faced with a realization of how fragile our economic system is and how much of it depends on values that are both difficult to measure and, in the current world, even more difficult to acquire. These are not mere economic values of profitability; but values of integrity, of truth, and of plain and simple honesty. It is in this context that the three authors - Patrizia Porrini, Ph.D., Lorrin Hiris, D.P.S., and Gina Poncini, Ph.D. - wrote this book. They do not seek to expound on the voluminous literature available discussing why and how these corporate scandals happened. They seek to provide answers to how effective CEOs build an ethical culture within an organization by providing actual cases of ethical...
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...development' community. The Forum was co-organised by the International Telecommunications Union (ITU), United Nations Educational, Scientific and Cultural Organization (UNESCO), United Nations Development Programme (UNDP), and United Nations Conference on Trade and Development (UNCTAD). It was intended to help organisations coordinate multi-stakeholder activities, information exchange, the creation of knowledge, and the sharing of best practices. Globethics.net organised a workshop on the 29th of May, on "The Ethics of Digital Innovation", during which fundamental questions surrounding the many social, legal and economic repercussions of new digital technologies, and what power relations are at play were raised and addressed. With Prof. Dr Christoph Stückelberger as moderator, four panellists gave their views on some of the ethical issues that they have come across in their own fields, and where they saw the need for a great ethical understanding and awareness. Prof. Patrick-Yves Badillo, Director of Medi@LAB-Genève, with his presentation entitled "New digital divide, or squaring the circle?" intended to delve deeper into the preconceived notions that we might have surrounding the global ‘digital divide'. Digital technologies were seen as the key solution in the 1990s, and as a key factor for growth, competiveness and greater employment. Closing the digital divide, defined as the gap between those who have and those who do not have access to computers and to the internet, was...
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...COLLEGE MADEVED PROF : DR. ROSALINDA GOMEZ ETHICS AND ACCOUNTABILITY We, teachers are a model to our students, co-workers and mirror to the community. So with this, teachers should wear good ethics in their life…. What is ethics? The word ETHICS derived from the greek word ETHOS which means “CHARACTER”. It is “mores” in Latin from which come the word moral and morality. definitions of ethics • It is the science of the morality of human act. • The study of man as moral being, one who is rationally able to distinguish being right and wrong. • It concern with the norms of human behavior. the act of correct living Ethics is an art… The art of correct living. Some philosophers regards ethics as the only necessary knowledge. ethics and the Filipino Filipinos believe in moral integrity as essential to life they also believe in a just society. However, some instances, show moral norms are easily ignored for personal interest. When we speaks of “living standard” we inevitably mean “economic” that is, higher salaries and low prices. Perhaps, we should think more of moral standard as our priority. ethics and religion Ethics and religion are both concern with moral education. But they are differ from each other, ethics teaches the value of religion, presenting it as a duty of man towards the supreme being. Religion on the other hand, contributes to the development of ethical thought. Thus, religion and ethics complement each other. ethics norms and law ...
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...Ethics Reflection Paper José Irizarry Strategic Planning and Implementation STR 581 January 8, 2015 Prof. Magda Oquendo Santiago Individuals are always in the process of making choices and decisions. It does not matter if they are transcendental or general decisions, the vast majority is formed by their values and points of view of what is correct or what is not, that which by definition is commonly referred to as ethics. As referenced in the ethics awareness inventory, the base for making ethical choices is founded by four fundamental values: character, obligation, results and equity, also known as CORE. These represent the ethics philosophy persons use to make ethical decisions, be it personal or professional. A business, a company, or an entity just as a person does, has a personality and a set of rules that direct and influence the subtleties of making choices. Therefore, careful consideration must be given to finding a balance among the leaders of the company and the organization itself. If an employee is in ethic agreement with the company, the employee will have a sense of belonging and have faith in the mission, product or service offered. However, if an employee is in disagreement with the ethics of the company, this employee will experience conflict. The ethics awareness inventory defines the first value as character. This feature focuses on the development of a solid principle of good morals. A person with good moral shows a strong behavior and strong beliefs...
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...------------------------------------------------- Ethics and Values in Management Interim Report February 10, 2014 February 10, 2014 Submitted to: Prof. N. R. Govinda Sharma Submitted by: Group C10 Submitted to: Prof. N. R. Govinda Sharma Submitted by: Group C10 Table of Contents Introduction: 2 Ethical Issues Involved 2 1. Not Following Corporate Governance Norms 2 2. Tampering the financial data - 2 3. Misleading the Shareholders Fund- 3 4. Insider trading at Satyam- 4 Ethical Dilemma faced by Ramalinga Raju 4 Theories and Approaches that may be used to resolve dilemma 5 Hosmer’s Six Step Process: 5 Kohlberg Model: 6 Recommendations for Resolving the dilemma 8 Conclusion 9 References 9 Introduction: The Satyam Computer Services’ scandal brought to light the importance of ethics and its relevance to corporate culture. The fraud committed by the founders of satyam is a testament to the fact that “the science of conduct” is swayed in large by human greed, ambition, and hunger for power, money, fame and glory. Scandals to the recent financial crisis have time and again proven that there is a need for good conduct based on strong ethics. we examine the gross negligence of stakeholder concerns and over indulgence of key management on a personal and organizational level in immortal practices for personal benefit. We also assess the implications of ethics in the business environment. ...
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...Ethics and Professional Code of Conduct Prof. Genden Strayer University April 27, 2013 Ethics and Professional Code of Conduct Being a police chief or a county sheriff in today’s society is not an easy job. Society is already over-critical of law enforcement as a whole and being the person at the top of the chain of command unfortunately places the burden of responsibility of any and all actions on him/her. Society demands a higher level of professional conduct, ethical and integrity standards than any other profession. These individuals are the ones responsible for making on the spot decisions as to what is right and wrong and acting upon these perceptions. Integrity defines as a firm adherence to a code of especially moral or artistic values, or incorruptibility. Integrity is one of the essential qualities for law enforcement officers and even more so for a police chief or county sheriff. The reason that the police chief and county sheriff must maintain such a high level of integrity is because we expect and demand that they will be able to effectively uphold the law and do what is right in a case where one of their officers does something morally or ethically wrong. We look to them to be incorruptible, to always do what is right no matter what the circumstance. If integrity didn’t exist, our whole justice system would fall apart and become null and void. Ethics and Integrity is very important. From a police of chief perspective when you mention the word ethics...
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...Touro University California Theresa Williams-Rivers Module 1 Case Assignment ETH501: Business Ethics Dr. Gary Shelton Saturday, April 26, 2014 A Master’s paper submitted to the faculty of Touro University California In partial fulfillment of the requirement for the award of Graduate Diploma in Master’s Degree in Business Management Introduction The purpose of this assignment is to provide a critical analysis of the 2002 collapse of Adelphia Communications as seen through the lens of Immanuel Kant deontological ethics. This analysis will be accomplished by providing a brief time lime of the Adelphia, identifying and discussing two key ethical problems raised and describing what is meant by deontological ethics. More specifically this paper will show how Kant’s Categorical Imperative (CI) applies to this scenario. The latter discussion will apply the deontological framework of business ethics to the two key ethical problems by constructing CI to the Adelphia scenario. The supporting material for this discussion can be found at Harvard University’s 2011 lecture: Justice, What’s the right thing to do? as presented by Professor Michael Sandel8. To examine the elements of the case, we will inspect the unethical behavior of five key figures culpable in the “rise and fall of the small town saga of epic dimensions8”. John J. Rigas (Founder), his two sons; Timothy J. Riga’s (CFO), Michael J. Riga’s (VP of Operations), James R. Brown (VP of Finance) and Michael...
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...Relativism and Morality Week 2 Assignment: Relativism and Morality Jody Herrig SOC 120: Introduction to Ethics & Social Responsibility Prof. Linda Atkinson Monday, February 25, 2013 Relativism and Morality Relativism is a concept that forges reality advancing assumptions which declare nothing to be absolutely true or valid. This is so because what has been proven true or valid is always based on personal perceptions which may be influenced by various predisposing factors. Often they may be merely subjective sentiments which are not universal since they only represent the view point of a few, the minority, majority or imposition of a dictator (Baghramian, 2004). When conceptualized within the context of morality it impinges on the framework that truth is applicable only as it pertains to specific guidelines and adaptations. Hence, if morality then becomes as issue in determining truth; it is sieving intentions to decipher purity and whether they are based on justice or outcomes that are beneficial to all. Therefore, this section of my presentation will focus on Lenn Goodman’s (2010) ‘Some Moral Minima:’ A Perspective. Also, a discussion on whether the conceptual framework advanced by this author challenges relativism will be embraced as well as a personal analysis of the themes. Lenn Goodman- ‘Some Moral Minima:’ A Perspective Lenn Goodman (2010) as any social scientist has to justify the morals of society. To say otherwise...
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...University of California Theresa Carter Module 1 Case Assignment ETH501: Business Ethics Saturday, April 26, 2014 A Master’s paper submitted to the faculty of University of California In partial fulfillment of the requirement for the award of Graduate Diploma in Master’s Degree in Business Management Introduction The purpose of this assignment is to provide a critical analysis of the 2002 collapse of Adelphia Communications as seen through the lens of Immanuel Kant deontological ethics. This analysis will be accomplished by providing a brief time lime of the Adelphia, identifying and discussing two key ethical problems raised and describing what is meant by deontological ethics. More specifically this paper will show how Kant’s Categorical Imperative (CI) applies to this scenario. The latter discussion will apply the deontological framework of business ethics to the two key ethical problems by constructing CI to the Adelphia scenario. The supporting material for this discussion can be found at Harvard University’s 2011 lecture: Justice, What’s the right thing to do? as presented by Professor Michael Sandel8. To examine the elements of the case, we will inspect the unethical behavior of five key figures culpable in the “rise and fall of the small town saga of epic dimensions8”. John J. Rigas (Founder), his two sons; Timothy J. Riga’s (CFO), Michael J. Riga’s (VP of Operations), James R. Brown (VP of Finance) and Michael C. Mulcahey (Director of Internal...
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...Assignment 1: Commercialization of Organ Transplants Ollie Cook Strayer University BUS 309 Prof. Mark McMullen June 18, 2014 Commercialization of Organ Transplants 1. Briefly summarize the arguments for and against the commercialization of transplants that you found in your research. There are many who have expressed their feelings on the subject of commercializing organ transplants. One argument for the commercialization of organ transplants is “the possibility to supply 100% of the demand for organs.” An argument for those against the commercialization of organ transplants is,” the less fortunate (poor) whose organs now have monetary value and are vulnerable to exploitation in a growing industry known as “transplant tourism” (Corydon Ireland, Harvard News Office). The outcome of commercialized organ transplants may seem beneficial to all, but it is actually not for those affected by the illegal actions taken to obtain said organs. 2. Formulate your position on the debate of whether or not the sale of organs should be permitted. I feel that everyone has a right to choose whether he/she wants to sell organs for monetary gain or simply be a Good Samaritan by donating organs. Although many donors, which is a highly positive thing- you can help save several lives and touch many more. I believe that the stipulations that are in place today should be better enforced and monitored for those who make the choice to profit from organ transplants. The...
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