Accounting International Accounting and Auditing Standards International public sector accounting standards (IPSAS) are developed and put forth by the International Public Sector Accounting Standards Board of the International Federation of Account Continue Reading...
It is recommended that Earth Friendly Foods maintain proper records and ensure their accessibility as a measure of preventing the contamination for instance from Salmonella Enterica. Compliance to this record keeping measure should be ensured by fre Continue Reading...
In terms of the employees, a system should be made available to provide them with the confidence to report any suspected fraud within the company. This should occur on a confidential basis to prevent situations such as those of Employee 1 above. Th Continue Reading...
The treatment of the undocumented workers has legal and economic implications, but is only an issue in the political arena. Companies that hire illegal immigrants are being socially responsible. The argument that illegals suppress wages is not base Continue Reading...
Corporate Accountability The corporate scandals of the last fifteen years have brought the issue of corporate accountability to new light, adopting at times a center-stage discussion. When the Bernie Madoff scandal broke, many professionals turned Continue Reading...
Pirate Steel Ethics Case Study Three issues are the main challenges in this case study. One is the theory of rights, which is particularly imperative in the existence of an organization. This theory claims that all parties should be well represented Continue Reading...
This is a major oversight because as stated above, one of the areas in which the use of former SEC officials seems to have been most successful is in the securing of waivers and releases. In leaving out these areas, the prime evidence in support of Continue Reading...
Corporate Ethics and Hacking Although the predominant opinion expressed by governments and mainstream press regarding hacking is one of disapproval and unsubstantiated fear, the truth is that hacking may be deployed ethically or unethically dependin Continue Reading...
" PRIVACY and CONFIDENTIAL INFORMATION Protection and safeguarding of information created in the conduct of Lenox Hill Hospital and its affiliates business including patient information, staff data, financial data, research data, strategic plans, Continue Reading...
.....ethical for an employer to use social media information as a factor when considering whether to hire an employee? What about monitoring social networking activities of employees while on the job? Use ethical reasoning in answering these question Continue Reading...
Later in the year, this same task force, including Cheney, recommended Enron as a company that was upstanding and endorses its many proposals. This further complicated the Enron image giving it further clout to conduct business in an unethical manne Continue Reading...
A tax professional would not face jail time for committing a crime if he or she is not informed of the client's deceit. They may however, have to endure years of auditing to ensure this does not happen again, resulting in a need for charging excessi Continue Reading...
duty-based or deontological ethics will be defined and applied to Mattel Inc.'s case. Duty-Based Ethics Duty-based or deontological ethics deals with what individuals do, rather than the outcomes of their doings. Its key tenets are: Do what is et Continue Reading...
Business Finance "The Commission" refers to the Securities Exchange Commission, which is the primary governing body for financial markets. "The Board" is the Public Companies Accounting Oversight Board. The SEC oversees the Board. The SEC therefore Continue Reading...
On the other hand, applicable laws do have authority and under the concept of moral relativism, it may be justified that any duly passed law be complied with (Svensson & Wood, 2008). One lesson from this case might be that laws between entities Continue Reading...
Non-Profit and for-Profit Ethical and Liability Issues This paper examines the ethical and liability issues that non-profit corporations and for-profit businesses face, and compares them. Non-Profit Corporations and For-Profit Business: A Compariso Continue Reading...
Character trait that I have chosen is confidentiality, which isn't a character trait at all, but a behavior. This is accounting -- we need to categorize things properly. Confidentiality is important in the accounting profession, and therefore it is s Continue Reading...
I didn't want to get the students in trouble at the time, and as a teenager I felt that it was the teacher's responsibility to catch the offenders, not mine, and there was no honor code at my school that required me to report offenders spotted cheat Continue Reading...
This would help to protect those people who invest in these kinds of companies, and also help them feel safer in doing so. In addition, it would protect the people who work for these companies so they could be less concerned about whether they will Continue Reading...
Roles of Directors and Duties of an Audit Committee The Board of Directors is an organization's or company's governing body that is mandated with the task of ratifying all major decisions. Generally, the Board of Directors handles all issues of majo Continue Reading...
Founded the first of April in 1976 and headquartered in Cupertino, California, Apple Inc. is one of the most recognized American transnational technology company. The firm is well-known for its designs and has developed and sold computer software, co Continue Reading...
Physical Security in Public AreasAbstract/SummaryThis paper examines the effectiveness of physical security measures in public areas, by looking at spaces such as schools, airports, stadiums, and malls. It discusses current strategies, including surv Continue Reading...
power words can you communicate that promote energy while explaining your work skills, experience, and accomplishments? A resume is written with the intent of conveying a job seeker's knowledge, skills, and experience. The marketplace for jobs is h Continue Reading...
Strategic Perspectives in Management Accounting and Finance The main reason for differentiation in the accounting studies seemed to occur due to the functionalist perceptions in the expertise of social studies. According to Dellaportas and Davenport Continue Reading...
Dan's first step would be to speak with a representative in Human Resources, outlining his concerns in writing, citing the legalities and the potential liability to the firm. He needs to do this in a non-confrontational manner that focuses specifica Continue Reading...
Did he have the right to make such promises knowing that the company may be moving to Mexico? The simple answer is no. It was unethical to make such promises knowing full well that the company may be moving to Mexico. However, it is not always simpl Continue Reading...
NHS Corporate Social Responsibility Practice In a contemporary business environment, organizations are struggling with the new roles to meet the needs of present generation without compromising the needs of future generation. Within a business envir Continue Reading...
It also publishes interpretations about certain rules. WHEN AN ACCOUNTANT FAILS The AICPA's Code of Professional Conduct is considered to be a binding agreement for every CPA in America. As with other professions most accountants are ethical and Continue Reading...
Utilitarian and Deontological Considerations Today, many places of work require their employees to adhere to a prescribed dress code. In basic terms, a dress code is essentially a guide on what employees should or should not wear to work. In this te Continue Reading...
deceitful profession, certified public accountants would most certainly not be the first to come to mind. That is because CPAs are known and respected for their honesty. The profession goes out of its way to project that image, and there is a certai Continue Reading...
Assets in the investment portfolio were overvalued. Financial transactions were structured to report smaller amounts of debt and create the appearance of greater cash flow. Financial results were represented in a false and misleading manner. Forens Continue Reading...
(5) Auditors and CPAs should consider several ways that the Sarbanes-Oxley Act and SEC implementation rules as a whole impact accountants and work closely with regulators to address these effects. (6) Public accounting firms need to reconsider exter Continue Reading...
The result would mean a reduction of consulting income for AA as Enron would no longer be a customer. By whitewashing the audit, AA positioned itself to gain more lucrative consulting work from Enron. The bounded ethicality came from a clear source Continue Reading...
Smakey Dog Foods Discuss how the SEC has influence (if any) over the audit of Smackey Dog Foods, Inc. The Securities and Exchange Commission has a significant influence on the audit of Smackey Dog Foods, Inc. By Keller CPAs. The SEC's influence com Continue Reading...
Enron Case Study Enron was a company that started out small, but through some ethically unsound decisions, grew to control a large percentage of the energy market in America. In order to expand financially, Enron's executives skirted the law, creati Continue Reading...
As stated in the AICPA code of conduct, the accountants need to put aside their own points-of-view and use the unified school of thought that is presented in the code. This means that the accountants should work on a deontological perspective since Continue Reading...
Accounting Standards Financial reporting practices and ethical standards in health care finance constitute the foundation of every successful organization. Healthcare organizations and other industries in the general market adopt Generally Accepted Continue Reading...
Rite Aid Fraud Over the years, there have been numerous cases of financial fraud perpetuated within the organizational mainstream of major companies. Financial fraud is often a well-coordinated sort of white-collar crime that often -- but not always Continue Reading...
Forensic accounting is a special subsection of accounting that goes beyond the typical job description of an accountant. Forensic accountants use their work in courtroom and other legal settings to help. Their primary roles are litigation support and Continue Reading...
