Ethical Obligations
Ethical standards have had vast changes over the years. Michael Josephson, in Chapter 1 of Ethical Issues in the Practice of Accounting, 1992, described the "Ten Universal Values." They were as follows: honesty, integrity, promise-keeping, fidelity, fairness, caring, respect for others, responsible citizenship, pursuit of excellence, and accountability. Good ethics does not always mean good business practices. The purpose of ethics in business is to direct business men and women to abide by a code of conduct that facilitates, if not encourages, public confidence in their products and services (Smith & Smith, 2003, 3). In the accounting field, the American Institute of Certified Public Accountants (AICPA) maintains and enforces a code of professional conduct for public accountants. The Institute of Management Accountants (IMA) and the Institute of Internal Auditors (IIA) also maintain a code of ethics (Smith & Smith, 3). Investors and accounting professionals have a responsibility to......
View the rest of this paper...
Approximate Word Count: 1243
Approximate Pages: 5 (250 words per double-spaced page)
Why should you join Frat Files?
- - It's safe, secure, and private.
- - Instant access to over 100,000 papers. New papers are added hourly.
- - Fast and reliable customer support.
Similar Essays
-
Ethical Obligations
Ethical Obligations. Ethical standards have had vast changes over the years.
Michael Josephson, in Chapter 1 of Ethical Issues in ... -
Dental Ethics
... proceeding. The ADA Code is an evolving document and by its very nature cannot
be a complete articulation of all ethical obligations. The ... -
School
... 2. In general terms, what do the published codes of engineering ethics say
about engineers' ethical obligations to the general public? ... -
Privacy Of Information
... ONLINE PRODUCTS 6 2.2. MEMBERSHIP & FINANCIAL INFORMATION COLLECTION 8 3. LEGAL
AND ETHICAL OBLIGATIONS 10 3.1. WWW.LDSCATALOG.COM 10 3.2. ... -
Normative Theory And Policy Evaluation
... Center and University of Illinois I. PROFESSIONAL ETHICS An interesting question
concerns the ethical obligations of people who do policy analysis research. ...
