Personal Values and Ethical Standards Paper Each person has different personal values and developed ethical standards. My personal values and ethics have shaped my life to be what it is today. Values refer to his or her own personal standards of what he or she believes to be right, or wrong. Ethics refers to a structure set of fundementals that provide a structure for what is considered to be the appropriate conduct in any groups. A "code of ethics" is the written document that represents the
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Accounting professionals are obliged to comply with certain standards in an effort to protect shareholders and the general public. When one joins any of the accounting professional organizations, such as the American Institute of Certified Public Accountants (AICPA), the Institute of Internal Auditors (IIA) or the Institute of Management Accountants (IMA), one is agreeing to adopt the ethical code. This professional code is a positive set of statements and guidelines for CPAs with explicit rules
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to effectively carry out plans that have been established. Lastly decision making helps financial manager to make choices among available option's (Baker, Baker,2011). Generally Accepted Accounting Principles or ( GAAP) is a set of procedures, standards, and principles that a organization can all agree on in order to report their financial data. The GAAP has several components but we will only name the most important like debt, inventory cost, long-term and short- term investment, taxation, profits
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Ethical Financial Management Dana Doody HCS 405 2 Sep 2014 Working as a financial manager comes with a lot of responsibility; and a lot of standards of practice. Just like physicians and nurses, financial managers of health care organization have a set of rules and ethical guidelines they must follow in their practices. In this paper, I will what the four elements of financial management are. There will also be a summary of generally accepted accounting principles (GAAP) and financial ethical
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utilitarian ethical theory and by ethical tenets of justice such as distributive justice, material principles of justice, and justice as fairness. Health care workers also need to understand how unfair financial compensation can demoralize them and compromise their values. However, professional associations and health care managers can take a proactive stance to ensure that organizations are ethical in their approach to financial compensation. Accounting and financial professionals must abide by
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Personal Values and Ethical Standards L. M BSHS/322 Professional, Ethical & Legal Issues in Human Services July 2, 2012 Personal Values and Ethical Standards Dr. King once stated “if we are to go forward, we must go back and rediscover those precious values that our reality hinges on” then and only then will we be able to define the true meaning of life, and the direction we are to go. Within this paper I would like to share with my readers the sources that has impacted my values, as well
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This is what I am expected to do. Assignment 2: Ethics Review In this assignment, you will explore professional counseling ethical codes. You will examine multiple codes of ethics to assist in practicing CMHC in an ethical manner. You will also familiarize yourself with the sections of the codes that govern your responsibilities as a counseling student. Tasks: * Compare and contrast the ACA's, the AMHCA's, and the NBCC's codes of ethics. * Describe your responsibilities as a student
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Accounting Principles (GAAP) are the common set of accounting principles, standards and procedures that companies use to compile their financial statements. GAAP, are simply put, the customarily accepted ways of recording and reporting accounting information. Each organization may operate differently but all have to follow by set guidelines within the organizations community, state and at the federal level. If these standards and procedures are not followed the U.S. Security and Exchange Commission
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Approaches to Ethical Dilemmas Chad Culhane BSHS 335 November 17, 2014 Erick Shear Approaches to Ethical Dilemmas The human service field encompasses a variety of societal issues, where the professionals are educated and trained to treat their clients with respect. They conduct their work according to the ethical standards suited for their accompanying agency, which is necessary due to the sensitive nature of social work. The majority of the cases social workers handle stem from individuals
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Ethics Awareness Inventory Ethics is a set of standards that a person holds as value. Hogan (2007) maintains, “Ethics deals with what one should or should not do, according to principles or norms of conduct” (p. 584). The following addresses five points. The first point depicts the results of the ethic awareness inventory (EAI) of this author. Second, discusses the function and relevancy of personal ethics in relation to psychology, principles, and the Code of Conduct. Third addresses how this
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