2222-1697 (Paper) ISSN 2222-2847 (Online) Vol.5, No.4, 2014 www.iiste.org Development of Accounting Theory Based on Islamic Teachings: A Glance over Principle of Al-Adl and Al-Ihsan Shaukat Amer1* Sofri Bin Yahya2 1- COMSATS Institute of Information Technology, Kamra Road, Attock, Pakistan. 2- Dean, Graduate School of Business, Universiti Sains Malaysia, Malaysia *E-mail of the corresponding author: shaukat_amer@comsats.edu.pk Abstract The beauty of accounting based on Islamic principles is that it
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studio, is to maintain and run the studio based on yogic principles, while bringing in a profit. Living in harmony with self, community, and the planet is at the core of these principles. While the exchange of money for the ancient practice of yoga is relatively a new concept, in this modern day and age the majority of teachers need to make a living and require payment for their service. This correlates to the socially responsible business principle of “Triple Bottom Line”. Triple Bottom Line refers to
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Principles-Based Versus Rules-Based Accounting Karla Law Liberty University Accounting 301-B07 Abstract Principles-based and rules-based accounting systems each have their advantages and disadvantages. When carefully examining these two accounting systems, it is clear to see that neither is better than the other. However, many individuals have the misconception that principle-based accounting is better. This is due to the fact that in recent years, the Financial Accounting Standards Board
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Abstract Government regulation is needed in today’s industry. While this paper will look at the governance of the economics of water it will start with a brief introduction of the reasons why government regulation is something that the shareholders’ of a corporation should embrace and should ignore the hype from management, media, and academia about why governance is wrong. They tend to mistakenly call all decisions as opportunistic behavior whether it is ethical or not. Regulation should be
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Mitchell Lithonia Campus BUS 520 – Organization and Leadership October 30, 2012 Strayer University Abstract This paper will discuss Consensual Relationship Agreements in the workplace. Within the paper, I will argue for the use of CRAs in the workplace by explaining the benefits. I will also present a counter argument against the use by explaining the cons. Ethical principles and other options are also discussed. Argue for the use of Consensual Relationship Agreements (CRAs) in your current
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given as a belief that something is good and desirable. It defines what is important, worthwhile and worth striving for. (Thomas and Pierson 1996) Values can be political, social, cultural, spiritual and moral. The way an individual expresses their values can be a very individual experience. For example: we may value the importance of family these are moral and cultural beliefs Some people are close to their friends than family which could be described as social values. We may highly regard
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Resource. This essay addresses the relevance of ethics in Human Resource (HR) Management and discusses various ethical and motivational aspects, including ethical values and ethical decision-making. Ethics is an integral and vital aspect of Human Resource Management since most of our actions and decisions have ethical manifestations with consequential ramifications in the HR domain. There is a general belief that ethics is concerned only with financial propriety. Whilst this aspect
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in Kenya. DISK is responsible for facilitating international travel and regulating citizenship, residency, entry and exit in Kenya. This paper describes the history and set up of DISK and highlights corruption and unethical practices that subsists within the department, consequently presenting a threat to social justice and economic development in Kenya. The paper introduces the findings of an examination on systems, policies, procedures and practices that promote corrupt practices at the DISK, conducted
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Ethical Decision Making and Hiring My Name MGMT314 Management Ethics University Instructor Abstract Established morals identified by an organization is a vital step in the ethical decision-making process and ultimately its success. The development of a Code of Ethics is the pivotal point in establishing what an organization stands for ethically and morally. From business decisions to hiring processes, ethics will drive all of these decisions. There are multiple facets to the
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Behavioural Finance Martin Sewell University of Cambridge February 2007 (revised April 2010) Abstract An introduction to behavioural finance, including a review of the major works and a summary of important heuristics. 1 Introduction Behavioural finance is the study of the influence of psychology on the behaviour of financial practitioners and the subsequent effect on markets. Behavioural finance is of interest because it helps explain why and how markets might be inefficient. For more information
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