ipl-logo

Ethics And Ethics: The Importance Of Ethical Behavior

1074 Words5 Pages

Biblical concepts as written in Scripture underscore the importance of ethical behavior and its relevance in demonstrating to God we trust, believe and belong to Him. Society is built on a foundation of ethical principles important in both personal and business connections. This expected Christian behavior is the foundation of God’s desire for us to not only believe in right and wrong, but to live it through our actions. As references in Leviticus 19:35, “Do not use dishonest standards when measuring length, weight or quantity,” we learn the great importance God places in being faithful and honest. These concepts directly relate to the fields of accounting and finance as witnessed through professional associations, ethical decision-making, and numerous biblical teachings.
American Institute of Certified Public Accountants
The American Institute of Certified Public Accountants (AICPA) was established as a professional organization to assist members with their role and responsibilities as accountants. More specifically, the foundation of their profession is built upon a Model Code of Professional Conduct guiding members in the basic belief and framework of ethical conduct. These guiding principles call for an “unswerving …show more content…

Ethics and morality establish how individuals act and treat each other and, through accounting practices and principles, an ‘‘ethical system facilitates trust among its adherents and creates the necessary foundation for a cooperative endeavor” (Satava, Caldwell, & Richards, 2006, p. 281). Ethical decision-making is important for today’s business leaders. As defined by Hicks and Hicks (2014), ethics is “what is morally right and wrong” (p. 111). Individuals must therefore make decisions by choosing among alternatives that coincide with their individual ethical principles and moral

Show More
Related

  • Dennis Hollinger's Choosing The Good: Christian Ethics

    1067 Words  | 5 Pages

    Hollinger outlines a four-step process that includes examining the facts of given situations; identifying moral guidelines and biblical teachings; assessing ethical theories and viewpoints, and coming to a well-informed ethical conclusion. To assist readers make decisions that are consistent with moral standards and biblical principles, this framework provides them with an organized procedure for thinking through difficult ethical questions. My Three Key

    Read More

  • Aicca Rule 504

    488 Words  | 2 Pages

    Under a research concerning the incorporation of public accounting, researchers have found articles related to it. AICPA once opposed in the incorporation of public accounting in reasons that it may fall under the management of non-accountants. (The CPA Journal Online) When Rule 505 of Code of professional Conduct was already existing (Practice of Professional Corporation), issues arises about the protection of an accountant as shareholder in the corporation. On October 1990, the Council of the AICPA amend Rule 505 of the AICPA Code of Professional Ethics to make it possible for CPAs to practice as "limited liability corporations.

    Read More

  • Wgu Gke2 Task 2

    277 Words  | 2 Pages

    C., Fraedrich, J., & Ferrell, L. (2015).Business ethics: Ethical decision making & cases (10th ed.). Mason, OH: Cengage. O 'Sullivan, Arthur; Sheffrin, Steven M. (2003). Economics: Principles in Action. Upper Saddle River, New

    Read More

  • Christian Ethical Teachings Analysis

    901 Words  | 4 Pages

    Analyse the importance of Christian ethical teachings in the life of Adherents worldwide. Christian ethical teachings are important to the life of Adherents worldwide. As a religion Christianity is fundamentally obligated to account for its Adherents actions and behaviour. Through a systematic understanding of what is ethically and morally correct Christianity has devised ethical guidelines from which Adherents could follow as a metaphorical moral compass.

    Read More

  • American Red Cross Summary

    131 Words  | 1 Pages

    Reference: Ferrell, O. C., Fraedrich, J., & Ferrell, L. (2015).Business ethics: Ethical decision making & cases (10th

    Read More

  • PSY 490 Ethics Awareness Inventory Paper

    1040 Words  | 5 Pages

    Ethics Awareness Inventory Kristeena Stiles PSY/ 490 September 29, 2014 Professor Foster Ethical Awareness Every individual view ethics differently, but individual that understand ethics can very well determine what is right and what is wrong. The understanding on the differences of when to use morals and when to use the ethical side came a difference. In this paper, it will discuss the role and importance of personal ethics by principles, code of conduct, and in psychology.

    Read More

  • Charles Ethics In 'To Kill A Mockingbird': A Case Study

    137 Words  | 1 Pages

    " Anything we built in sin will seem to prosper but at the end, we will lose all. The attorney stands to lose quite a lot when the truth will be discovered. And lastly, 1 Corinthians 15:33 (NASB): “Do not be deceived: Bad company corrupts good morals.”

    Read More

  • Personal Religious Beliefs

    1147 Words  | 5 Pages

    To what extent should personal religious beliefs impact our decisions about business ethics Personal religious beliefs should impact every business decision. As a believer in Christ, our lives are a testimony of Christ; therefore, as Paul instructs, “Whatever you do, in word or deed, do everything in the name of the Lord Jesus” (Col. 3:17 ESV). This instruction necessitates that the believer considers biblical principles in every business decision.

    Read More

  • Ethical Values In America

    78 Words  | 1 Pages

    Religious liberty, right to bear arms, and freedom of speech are three very important values that should be upheld in America. Many freedoms that America holds are often taken for granted. America was founded on biblical and ethical values but today those values are being challenged and are slowly being compromised. Americas founders fought to make America a free country.

    Read More

  • Wells Fargo's Ethical Ethics Of Wells Fargo Financial Corporation

    1347 Words  | 6 Pages

    The implementation and education of the ethical decision-making model promote moral awareness and company values that can mitigate ethical dilemmas to an extent. The aftermath was devastating for Wells Fargo not just economically but for its image. The corporation can introduce this model in training courses for new hires and current employees. Also ensuring management comprehends the prominence of ethical decisions and are aware that they are the wheels of the car, therefore, lead by example. If the corporation initially had prioritized ethical values and decision-making evaluations at every level of the business, this scandal could have been prevented at least its magnitude.

    Read More

  • Do The Right Thing Ethics

    1355 Words  | 6 Pages

    The film Do the Right Thing, composed, coordinated and delivered by Spike Lee, concentrates on a solitary day of the lives of racially different individuals who live and work in a lower class neighborhood in Brooklyn New York. Be that as it may, this conventional day happens on one of the most sweltering days of the mid year. The film focuses on how social class, race and the ethical choices that the characters make directly affect the way individuals interface with each other. It begins with the film's characters awakening to begin their day and peaks with an area revolt after cops too much limit and kill a youthful dark man named Radio Raheem for battling a more seasoned Italian American eatery proprietor named Sal in his pizzeria, and afterward

    Read More

  • The Importance Of Business Ethics In The Business Environment

    1813 Words  | 8 Pages

    This statement is supported by Bennett (2014) wherein ethics clearly defines what is the right and wrong things and shapes what kind of behavior the business should act on. For the sense of business according to Joseph (2013), ethics are constructed and decided by each business and underpins decision that an employee makes. When it comes to the business’ environment, a well-constructed ethics is a key for a considerate and responsible decision making in a business (Bennett, 2014). Business Ethics is very important inside the company, it will show the moral standards that a company or business have whether it is right or wrong and good or bad.

    Read More

  • Utilitarian And Kantian View Of Virtue Ethics

    897 Words  | 4 Pages

    Virtue ethics started drawing attention since the modern ethics exposed its limitation and reconsideration about the priority was needed. Contemporary ethics focus on “What we should do”, instead of “What kind of person we should do”. In consequence, the moral codes in modern era solely emphasizes moral duty and rules, while neglecting personality and character of individuals. Virtue ethics support the traditional criterion that consider moral virtue and personality of individuals as important. The virtue of good engineer includes creativity, good understanding of culture, morality, and capability of communication.

    Read More

  • Reflection On Ethical Decision Making

    1399 Words  | 6 Pages

    However, as we discussed in class, there are so many situations where ethical decision-making occurs, and there are so many factors that influence why we do what we do. Because we work with a multitude people with interesting and diverse lives and backgrounds, and because we come in with our own baggage and experiences that influence how we act and react, we make split-second decisions all the time that can have profound effects on our work and our consumers. Having so many opportunities to look at my own actions, this particular assignment has been so rewarding and interesting for me. This is the first time in any of my assignments where I have been forced to look at how ethics is involved in our

    Read More

  • Ethics: The Importance Of Ethics In Our Society

    1024 Words  | 5 Pages

    As children, we were taught by our parents that it is wrong to lie, cheat, and steal. As we grow up and enter into the real world with some knowledge of right and wrong, we see, first hand, the importance of ethics as well as its complexity. The role of ethics in our society and in an individual’s life is very necessary because it has a large influence on today, as well as the future. We need to learn about good ethics because they guide our decisions, make us who we are, and determine our future.

    Read More

More about Ethics And Ethics: The Importance Of Ethical Behavior

Open Document