...Abstract Within the accounting profession there are many complex ethical issues that must be dealt with quite often. It is important that the people working within the industry provide high quality financial statements and always pay close attention to ethical concerns that may arise. Since ethics is such a major concern in the accounting industry, a rules based system is in place for enforcing ethical concerns. There are many regulating bodies that exist that enforce many highly detailed regulations that people within the industry must follow at all times. Throughout history there have been several major accounting scandals that have been followed by new regulation to ensure that these problems do not come up again. CLERP 9 and the Sarbanes-Oxley Act are just a couple of acts that have caused significant changes to the accounting world in recent times. This paper will look at some of the different issues that accountants face as well as some of the regulations that seek to end unethical behavior. Ethical Standards in Accounting Introduction The accounting industry is an always changing and constantly growing industry. Accounting plays a vital role in society and business and up until recently accounting was considered to have some of the highest standards for ethical and moral conduct in business. In recent years there have been many high profile business failures caused by the unethical behavior or accountants and accounting firms. Since some major companies, like Enron...
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...Reform 10 Conclusion 13 References 15 Abstract Within the accounting profession there are many complex ethical issues that must be dealt with quite often. It is important that the people working within the industry provide high quality financial statements and always pay close attention to ethical concerns that may arise. Since ethics is such a major concern in the accounting industry, a rules based system is in place for enforcing ethical concerns. There are many regulating bodies that exist that enforce many highly detailed regulations that people within the industry must follow at all times. Throughout history there have been several major accounting scandals that have been followed by new regulation to ensure that these problems do not come up again. CLERP 9 and the Sarbanes-Oxley Act are just a couple of acts that have caused significant changes to the accounting world in recent times. This paper will look at some of the different issues that accountants face as well as some of the regulations that seek to end unethical behavior. Ethical Standards in Accounting Introduction The accounting industry is an always changing and constantly growing industry. Accounting plays a vital role in society and business and up until recently accounting was considered to have some of the highest standards for ethical and moral conduct in business. In recent years there have been many high profile business failures caused by the unethical behavior or...
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...BSHS/335 Tracy Mallett January 21, 2015 Ethical Standards A Therapist Quandary When you look at the case of the husband who started individual counseling then his wife joined with the intentions of saving their marriage there are many ethical issues that could arise for the therapist. First there is the issue of the secret the husband is hiding about his latest affair, because the counselor did not clearly state her policy on keeping secrets the husband has an expectation of her keeping his secret about his affair. The therapist cannot tell the wife without breaking the confidentiality of the husband, however how can she continue to treat them as a couple if she has to hold this information from the wife when part of the condition for the wife to work on fixing their marriage is based on no further affairs from her husband? The therapist also believes that having an affair interferes with her ability to help the couple and on a personal ethical level she thinks it is wrong, however she must keep her personal feelings out of her sessions with the couple. Either she must continue to treat the couple or refer them to someone else, if she chooses to refer them to someone else she is faced with either telling the wife why or lying to her, either way she would be going against the ethical standards that she has to uphold. According to the American Association for Marriage and Family Therapy (2001) “Marriage and family therapists have unique confidentiality concerns...
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...Raquel P. Salavaria May 15, 2016 PUP MPA - OU Dr. Juan C. Birion Reaction Paper in R.A. 6713 Code of Conduct and Ethical Standards for Public Officials and Employees As for me, R.A. 6713 “Code of Conduct and Ethical Standards for Public Officials and Employees” has a tasteful substance and form in it. It is informational and comprehensible, but I find it in the context of idealism because of high standards set for behavior and honesty and theoretical in nature, in the sense that these standards reflect what the government wants to happen but in reality this is not truly the way it is. Nonetheless, the Philippine government deserve to be applauded for having enacted this law. It brought awareness to the general public and re-orientation of public officials and government employees of their duties and responsibilities as well as their purpose in the government. However, I had some doubts whether R.A.6713 indeed serves its purpose to its intended users. Sadly, despite the government’s notable and continuous efforts for its implementation, current realities still reflect numerous public officials being charged of graft, fraud and corruption which only proves that adherence to R.A.6713 still falls weak but being weak does not mean failure. Sections 5,6,10,11 & 12 of R.A.6713 that deals more on the technical aspects, is enforceable and attainable. Administrative processes compliance can be checked...
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...My ethical dilemma involved my commitment to my clients, as in this specific case I was committed to a parent and her two young daughters and also I battled with respecting her right to self determination. I have been working with a family for 9 months and the case has been active with this particular family welfare agency for 2 ½ years. Many external factors of oppression have affected this family. I present a 35 year old African American single mother and two young daughters ages 8 and 12. This mother, Ms. Module, (name change for confidentiality), has a history with Child protective services for 2 years now, included in the allegations was substance and alcohol use, educational neglect, lack of supervision, and engaging in domestic violence disputes in the presence of the children. Ms. Module does not know who the father is of the girls, states they were conceived while she was dating various strangers for money. In September 2008 the two children were placed into foster care due to mother’s addiction to cocaine and alcohol including her inability to care for her children and provide a safe environment. Due to Adoption and Safe Families Act, when children are in Foster Care 15 out of 22 months, the Department of Social Services is mandated to file for termination of parental rights against the parents. Since the children have been in a foster home, Ms. Module has been in and out of various rehabilitation facilities. Ms. Module is also diagnosed with Major Depression...
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...Accounting Principles & General Financial Ethical Standards Mark Bullock Acc/291 11-18-2013 John H Olarte Accounting Principles & General Financial Ethical Standards [pic] “Accounting and financial professionals must abide by ethical standards that regulate what kind of business they conduct, who they serve and how they use their skills. Ethical standards are determined largely by professional accounting and finance organizations and the Financial Accounting Standards Board. Small-business owners who plan to perform their own accounting services or hire accountants should be aware of accounting principles and general financial ethical standards so they can maintain a positive reputation for their businesses.” Ethics should always play a role in the businesses everyday life. Without ethics you really should think about closing your doors because it will eventually catch up with your company. Most companies live by the standards that G.A.A.P. provides for them and their companies are doing well. The U.S. provides all companies with generally accepted principles that should be followed by their accounting department. Here is a basic generalization of those principles. “Determined by the FASB, U.S. generally accepted accounting principles are standards that determine how accountants in the U.S. conduct and format their reports. Accounting records must be seen by a number of people outside of the organization for transparency purposes....
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...Ethical Standards and Codes Jamaica R. Webster Survey of Professional Psychology/PSYCH 545 March 21, 2010 Dr. Mary Helen McGreevy, Psy.D Abstract This paper will prepare an explanation of ethical standards and codes. Ethics is a word that can be described or defined with a variety of meanings. This paper will analyze the impact of societal norms on the development of ethical standards and codes. This paper will also evaluate the impact of the American Psychological Association’s (APA) ethical standards and codes on professional practice in the field of psychology. This paper will also explain the importance of professional ethical standards and codes in the field of psychology. Ethical Standards and Codes Ethical standards and codes were set up by the APA. This code of ethics is a policy for all psychologists or other medical health professionals to follow the rules or law. In the field of psychology or other medical professional field, our paper will define ethical standards and codes, analyze the impact of societal norms on the development of ethical standards and codes, evaluate the impact of the APA ethical standards and codes on professional practice in psychology, and explain the importance of professional ethical standards and codes in psychology. Definition of Ethical Standards and Codes Ethical Standard are principles, which when followed, promote values such as trust, good behavior, fairness, and/or kindness. There is not one consistent set of standards...
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...Maintaining Ethical Standards BSHS 335 Stephanie Munro March 10, 2014 Maintaining Ethical Standards Ludwig is a counselor who is trained and educated within individual counseling as opposed to family counseling. After working with Ella for some time, Ludwig realizes that Ella would benefit from family counseling sessions. Ludwig would like to refer Ella to someone who is capable of doing family counseling, but is worried that Ella might feel as though he is abandoning her. Therefore he decides not to refer her and continues to just help her on an individual basis. As the caseworker, there are multiple ethical issues that I might be confronted with in this issue. The first ethical issue that I face is not referring Ella to the person who will be able to give her the proper care. It is my job as the caseworker to help my client to understand the issues involved within their individual life. If there is something that I cannot do, then it is my duty to explain to the client what needs to happen and why they will benefit from it. Another ethical issue that I might have to face is not being able to fully help the client due to missing information that could be brought up within family counseling. All I know is that most of Ella’s issues are influenced by her family; I cannot make accurate decisions because I do not have everyone’s side involved. If I simply referred Ella, then the appropriate caseworker would be able to understand all perspectives and help formulate a...
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...Professional Ethical Standards Bonita A. Pyshny ADJ 235 February 27, 2011 Steven Gray "Justin was a juvenile probation officer for a number of years. He has seen the inside of kids who have gotten in trouble. How he spends his time speaking at school assemblies. He also works a lot with MADD and DARE. I have read that he has talked to 400,000 students in the last year." Steve Howe You will observe a typical day in the life of a juvenile probation office. Her/his task and other duties she/he performs on a daily basis. What code of ethics they stand by and any potential ethical dilemmas the can arise. Her/his day starts off the moment a juvenile is arrested and incarcerated. The probation officer's first job is to interview the juvenile and her/his parent(s), and receive the facts of the incident from the juvenile's point of view along with the official version of the incident. The probation officer would request some background information from the juvenile and her/his parent(s) to be included in the report. Once this report is complete, the probation officer would let the prosecution know what she/he recommends on how to precede with the incident. Whether the juvenile should stand trial in a court of law, place the juvenile on probation, the family get referred to child services or dismiss the case entirely. When the...
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...Ethical Standards for Human Research Human research discloses data that would benefit the populous; however, there are times when the ethical standards are violated. Furthermore, the risks and benefits to such research ultimately determine what acceptable risk is and what acceptable benefits are. Therefore, deceit in research is to be expected, considering the criterion in which deceit is acceptable is under the situational circumstances that allow researchers to deceive. Furthermore, there are times when the ends never justify the means. Meaning, putting human life in danger just to prove a hypothesis can place ethical standards for human research in question. Therefore, how much risk or how much benefit do researchers glean from deceit and from what is acceptable or not? Risk is a subject in which many people tend to avoid. Contemplation of risk often makes people uncomfortable leading to the risk involved in a situation overlooked instead of assessed. The term risk means to take a chance and many people are not willing to relinquish control to something risky or uncertain. In human research unfortunately everything is a risk, chance, or a gamble to try to find a break through solutions based on hypotheses that could improve the life of individuals and society. Even though benefits are important, the ethical aspects of human life must precedent overall. According to the National Institutes of Health (1979), “Previous codes and Federal regulations have required threat...
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...Professional Ethical Standards Social Worker 8/15/2010 University of Phoenix Gail Zettel “Social work is a profession for those with a strong desire to help improve people's lives.” Social Caseworker- The minimum requirement for entry into a social work career is a bachelor’s in social work (BSW), although some positions may require an advanced degree. Master’s programs prepare the graduate for work in their chosen field and help develop the skills required to perform clinical assessments, manage large caseloads, and explore new ways of drawing upon social services to meet the needs of clients. A master’s degree program takes two years (full time), four years part-time, and requires a minimum of 900 hours of field instruction or internship. To have a professional title you must have two years or 3,000 hours of clinical experience and obtain a license, certification, or registration dependent on the State you live in. To be a social worker you must be emotionally mature, objective, and sensitive to people and the problems that surround them. You must be responsible, be able to work independently, and be able to maintain working relationships with your clients and co-workers. Volunteering as a social work aide will help you access whether or not you have an interest in this field. In 2008 social workers held around 642,000 jobs, and employment for social workers is expected to grow for all social occupations through 2018. These proposed outlooks on growth...
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...National Victim Assistance Standards Consortium, the Ethical Standard 3.3 states that, “the victim assistance provider refrains from behaviors that communicate victim blame, suspicion regarding victim accounts of crime, condemnation for past behavior, or other judgmental anti-victim sentiment”. The NAVSC elaborates further on the Ethical Standard 3.3 definition: “To maintain professional trust with the victim and effectively advocate on his or her behalf, a victim service provider must be vigilant to avoid doing or saying anything that might communicate suspicion, blame, doubt, or condemnation of the victim’s actions, nonactions, feelings, beliefs, and so on, about the crime” (Ethical Standards of the NAVSC, pg. 20). The Deontological...
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...Ethical Standards Increase Efficiency Presented to: The CEO of Company X Student Name: Student ID: Date: December 27, 2011 Table of Contents Executive Summary 3 Introduction 4 Research Findings 5 Finding Number 1 5 Finding Number 2 6 Finding Number 3 7 Recommendations 8 Conclusion 9 References 10 Executive Summary Strong business ethics and social responsibility go a long way for businesses. My CEO had tasked me with researching how ethics and social responsibility affect our employees, reputation, and relationships. Promoting good ethical standards at first glance seems like the right thing to do, however through studying the research provided; they are also the smart thing to do. The information gathered for this report gives clear and definitive answers to the three main questions posed by the CEO of our company. The addition to business ethics can increase efficiency in our company’s employees. This would require the incorporation of a code of ethics in the company’s mission statement as well as having the human resources department designing and training employees on ethics. Having strong ethics within a company promotes trust from within, and a happy employee is a more productive employee. It is by no accident that almost 80% of corporations in the United States today have incorporated some sort of ethics program into their company. Generally, the reputation of a company with good social responsibility is higher than the opposite...
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...Reporting Practices and Ethics Paper Financial reporting and the ethical standards that coincide are important aspects of any health care organization. Health care facilities must report financial statements accurately and fairly. Reported financial data has a huge impact on stakeholders such as investors, patients, vendors, and employees. Health care finance managers should be well versed in the four elements of financial management, generally accepted accounting principles (GAAP), and ethical financial standards to ensure acceptable financial practices as well as the sustainability of the organization. Four Elements of Financial Management During the planning process, a financial manager uses the organization’s objectives to develop a systematic process by which the objectives will be met. In order for health care facilities to be successful, there is a large amount of planning involved. Of particular concern is healthcare reform. A health care facility has to plan for compliance issues that will directly affect their bottom line. This includes risk management, new information systems, or the purchase of new equipment. Controlling ensures each department within the health care facility is following prudent financial decisions that have already been set and planned. One example of controlling expenses is to approve or deny capital expenditures. Capital expenditures more often than not increase the organization’s assets. Capital expenditures are also usually included...
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...Hello, Prof and Classmates! A client confidentiality is the most important ethical standards for Human Service Professional to follow. “The ethical standard, providing the client with the right for all disclosures in counseling to be kept private” (Kanel 44). Confidentiality helps builds trust between you and the client. We agree as professional to maintain the information safe unless someone is putting themselves or threatening to harm others children and elderly abuse. Trust is something hard to gain, especially with a client. I believe that once you breach that trust depending on the situation, the client may not come back to see you. As professional we remember that this part of our job and should not be hesitation to report. I had a...
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