In the article “Don’t Leave Your Hand in the Cookie Jar,” the author states that John Davies and Karl Schumaker have totally opposite opinions about how to make the year-end adjusting entries for 2009. John is an assistant controller. He has a master’s degree in accounting, is a CPA, and has three years of solid experience with a major accounting firm. Karl, John’s immediate boss, a controller, is 20 years older than John, and he has a B.S. in management and a general M.B.A. from a top graduate school
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Professional Ethics Paper Carolyn Smith HCS/478 August 15, 2011 Ann-Marie Peckham Professional Ethics Paper The purpose of this paper is to discuss the relationship among professional values, ethics, and legal issues. A person’s personal values and ethics can influence their professional values and ethics in the workplace. Finding the right balance between personal and professional views in the workplace will help foster a successful career. This paper will cover relationships between legal
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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
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After reading both the American Counseling Association (ACA) (2014) Code of Ethics and the American Mental Health Counseling Association (AMHCA) (2011), I felt that it was important to touch upon certain sections that I feel could become potential issues for us as counselors. Essay 1. There are many skills needed in order to work with a patient presenting with a co-occurring disorder. According to the American Mental Health Counseling Association (AMHCA) (2011), there are eight skills that we
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Accounting and Ethics DO ETHICAL STANDARDS EXIST IN ACCOUNTING DEPARTMENTS? Purpose: This analytical report is a required assignment in Kimmerly Brady’s Business 205 course. Due to time constraints the primary data (survey) required for the report were gathered in a limited fashion. A survey was developed, an a procedure was considered; however, the responses are the results of only ten collected surveys. The responses are only included to demostrate
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the success or growth of an organization as it relates to the funds or profits of the organization and supports the company’s pursuit of high performance goals and achievements. It is important for financial professionals to remain complaint with the rules and regulations while practicing ethical values within the organization. There are four elements of financial management: planning, controlling, organizing, and directing, each element is divided based on the principle of each mission. Planning
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According to G. (2012), is that “the great thing about working in accounting is that everybody counts”. Accounting is vital in all organization for it is the root of a business. However, everyone in the business whether you are a front desk, professionals, management, they all play vital role in the day, month, quarter or annual financial statement that is generated by accountants with historical services that are being rendered to consumers as well as performance from each staff. In addition,
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Ethical Self-Assessment Paper Ethical Self-Assessment The assignment calls for self-examination of what influences the ethical decisions individually made within the health care industry, as well as describing or defining lessons learned from self-assessment. The American College of Health Care Executives (ACHE) has developed a series of questions, designed to demonstrate the ethical decision making process. This paper will address what, how, and why I would choose the ethical
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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, will cover the four financial management elements crucial to the health care organization. There will also be a summary of generally accepted accounting principles (GAAP) and financial ethical standards. I will also provide examples from articles that explain
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Personal Values and Ethical Standards Nanette Chambers BSHS/332 April 30, 2012 Theresa Y. Edwards Personal Values and Ethical Standards In the business of substance abuse counseling is not easy. Counselors deal with putting people’s lives back together so that they may enter back into a productive world. However, before this takes place in understanding the development behavior in why it has come to this and how ethical principles can help others to turn their lives around in a positive
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