The Four Perspectives Of Ethics And Ethics In Accounting

Decent Essays
Having an understanding one moral philosophy and ethics lets individuals to begin to develop their gratitude on the ultimate questions of their life, whether a specific act is right or wrong or moral or immoral. The lack of ability to comprehend the effects of moral philosophy in everyday circumstances and situations have the probability to damage society and the moral groundwork to which it was initially built. Ethics also has the possibility to bring an individuals’ standpoint on a superior level, exceeding the sequential and earthly contemplations of an everyday way of life. Ethical issues are consequently given extra influence in the face of complicated choices and options (Hartman, DesJardins, & Chris, 2014)Accounting is frequently defined …show more content…
I will discuss this topic how it relates to companies and individuals. I will use the four perspectives of ethics. The three parts will be ethics, accounting and decision making. The accounting industry is essential to any organization. In today’s world the accounting field has very high standards and high expectations. There are a number of accounting organizations who rate their members and help them to follow the ideal standards. People in today’s worlds need to have more confidence in accountants and people in the accounting industry. There have been a lot of reasons why people might not have as much confidence in them. (Jago)The individuals in the accounting industry should be well qualifies as well as have a high degree of professional reliability. A good reputation in this field is one of the most important qualities to have. Ethics in this industry is of the highest importance and also to those who rely on the service of an accountant. (Kinicki & Kreitner, Organizational Culture, Socialization, and Mentoring, 2013). Accountants are many times only thought of as individuals who do math. People forget that they also have to make decisions. Many time accountants are the ones who call the shots and they also have to think about how their decisions will affect others.
“Ethics is the rules and principles that are define right and wrong” (Hartman, DesJardins, & Chris, 2014)Ethics is also defined as “the set of the moral choices a person makes based on what he/she ought to do” (Hartman, DesJardins, & Chris, 2014). Ethics is based on what a person believes is wrong or right. There is more to ethics than knowing if something is good or bad, moral or immoral Ethics is sometimes thought of what puts a person’s values into action. For

Related Documents

  • Improved Essays

    The Kushtak Land Otter Man

    • 1063 Words
    • 5 Pages
    • 1063 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    A not so really normal family discovers another method for paying the bills in the comic drama "Fun with Dick and Jane". Dick Harper (Jim Carrey) and his wife, Jane (Téa Leoni), would appear to have it made - Dick has a lucrative occupation, they live in a costly house in suburbia, they have two extravagance autos in the garage, and a maid, Blanca (Gloria Garayua), to help care for their child, Billy. Anyway, Dick and Jane's tall tale life accidents head-on into reality when the firm Dick lives up to expectations for ends up having been utilizing corrupt bookkeeping systems to camouflage the actuality they've been losing cash hand over clench hand, and Dick has been made the fall fellow for some of their messy dealings. All of a sudden level broke, Dick and Jane must locate another approach to bolster their rich way of life, and in time they find simply the thing; crime Ethical issues in Dick and Jane Ethics is about norms of conduct, particularly, concerns toward "great" conduct and thought of how our conduct, as an individual or an association, influences the wellbeing of others or society overall.…

    • 910 Words
    • 4 Pages
    Improved Essays
  • Improved Essays
    • 500 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Ethics Ethics is defined as the set of moral principles or values that defines right and wrong for a person or group. Immediately, the guides are all given the responsibility of holding peoples lives. The expedition is dangerous and in order to be successful everyone must work together. However, the trip is costly and it is easy to make the decision to take peoples money without guaranteeing them safety. An example of a positive ethical decision occurred when Krakauer let the twenty climbers pass before he declined.…

    • 440 Words
    • 2 Pages
    Improved Essays
  • Improved Essays
    • 874 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Case Study- US anti-corruption body charges BHP Billiton over Beijing Olympics hospitality Ethics is the field that deals with human conduct in relation to what is morally good and bad, right and wrong. It is the application discussing personal values and decision making. The values of ethics include honesty, fairness, responsibility, respect, and compassion. The purpose of writing this essay is to talk about the issue of corruption body charges of BHP Billiton over hospitality programs in Beijing Olympics and to talk about the ethical issue in this case study.…

    • 1053 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Every organization has their own set of rules, guidelines, values, and procedure on how they want to manage their business. However, organizations question the importance of ethical coding. Are they beneficial to the corporation? Can they help raise and bring in profits? Or does it have the potential to cause risk to the corporation?…

    • 1533 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    Hiv Ethical Dilemmas

    • 339 Words
    • 2 Pages

    Multiple studies have shown that the best way to prevent HIV infection after an occupational exposure is to start post-exposure prophylaxis within 72 hours of exposure. According to Cowan and Macklin (2012) and available HIV testing guidelines, PEP should be taken only when source patients are HIV positive or have risk factors for HIV. This discussion examines the ethical issue of exceptions to informed consent related to HIV/AIDS clinical care Ethics is described by Marquis and Houston as a system in which society decides if an individual’s behavior and actions are moral or immoral. Greenberg, Bruess, and Oshwalt (2017) discuss five ethical principles that were created to determine if a person’s action is deemed right or wrong.…

    • 339 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    Ethics are knowing what is morally right and wrong about actions or behavior. People constantly comment on issues that are ethically wrong or right, and whether or not they are legal or illegal. You can have an action that is ethically wrong, but be legally right, and vise versa. What some people may think is morally right, may actually be illegal. Ethics depend on the people evaluating the situation and their personal opinions and feelings.…

    • 298 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Ethics is a branch of philosophy involving human action as it relates to morals and values. In broader sense ethics entails principles or assumptions, the behaviors of individuals or groups, wrong or right based on acceptable standards, values, and attitudes. ESSAY Outline an ethical dilemmas confronting profession nurses on daily basis. Clearly state a situation involving ethical principles and say how it can be resolved to the benefit of the patient and nurse.…

    • 547 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Ethical Issues In Slavery

    • 852 Words
    • 4 Pages

    When the United States became a country in 1776, slavery existed long before then. Public opinions and laws referencing slavery are different from state to state and person to person. It is always a controversial topic. It stirs up the emotions of people today, in which we concede from the impacts. While some will argue that the issue of war is not driven by slavery, it is almost impossible to view war without discussing slavery.…

    • 852 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Ethics and Social Justice Code of Ethics According to Cooper (2012), codes of ethics are what provides the external controls for the organization. The beliefs, mission and vision are the guiding force for the employee’s professional behavior. Schein (1985) is an identified group (organization) having shared history and long standing tradition (Kurtz, 2003). Within a faith based organization, the assumption is that the creation of policies and practice will be of the highest ethical standards.…

    • 1391 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Significance of ethics in managerial accounting is obvious: if managerial accountants don’t follow four ethical principles which include Honesty, Fairness, Objectivity, and Responsibility, the data provided by them to business owners and decision makes won’t be factual and objective. Disclosed information by an accountant might lead a business to serious problems and legal implications. Everyone within an organization is required to follow the four IMA’s overarching ethical principles and adhere to them. In the described situation that happened in Hi-Power Mower Company, the following stakeholders are affected by Marcus’s actions: Marcus Lum (the cost accountant for Hi-Power Mower Company), Marcus’s friend Ray Pon (the production manager for…

    • 767 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Ethics Midterm Paper

    • 1773 Words
    • 8 Pages

    Jeril Philip PHIL 315 – Midterm paper Part A – Question 2: What is ethics? Divide ethics into the categories we have discussed and define each type. Ethics refers to the standards or principles by which humans ought to behave or conduct themselves generally in society or in specific circumstances. While there are many standards and ways through which one displays the right behavior, ethics is the study of these ways and the theories which guide human action. Ethics has played a significant role in philosophy as philosophers through the ages have either been influenced by ethical theories or have contributed significantly in some way towards understanding how goodness, morality, intrinsic values, and virtues tie into how humans conduct themselves…

    • 1773 Words
    • 8 Pages
    Great Essays
  • Great Essays

    Utilitarianism V. Pragmatism Over many centuries, ethics helped build the foundation of the laws we abide by today. Ethics are moral principles that control a person’s behavior/actions. Ethics is also known as moral philosophy, which is a branch of philosophy that rises up questions about morality. For instances, questions like is it good or bad, right or wrong, justice or crime.…

    • 1625 Words
    • 7 Pages
    Great Essays