PROFESSIONAL ETHICS CPAS ARE HELD TO THE HIGHEST ETHICAL STANDANDS Arens, Loebbecke; Auditing, &E @2000 by Prentice Hall.It
Arens, Loebbecke; Auditing, 8/E ©2000 by Prentice Hall, Inc. 4 CPAs ARE HELD TO THE HIGHEST ETHICAL STANDANDS
Chapter 4 Issues Distinguish ethical from unethical behavior in personal and professional contexts. Why is this difficult without agreed-upon fundamentals/"moral absolutes? Resolve ethical dilemmas using an ethical framework-maybe? Perhaps a reward/penalty system? Describe the purpose and content of the Al CPa Code of Professional Conduct. Arens, Loebbecke; Auditing, &E @2000 by Prentice Hall. Ii
Arens, Loebbecke; Auditing, 8/E ©2000 by Prentice Hall, Inc. Chapter 4 Issues: Distinguish ethical from unethical behavior in personal and professional contexts. Why is this difficult without agreed-upon fundamentals/ “moral absolutes?” Resolve ethical dilemmas using an ethical framework - maybe? Perhaps a reward/penalty system? Describe the purpose and content of the AICPA Code of Professional Conduct
WHAT ARE ETHICS Each of us has such a set of values Ethics can be defined broadly as a set of moral principles or values. We many or may not have considered them explicitly Arens, Loebbecke; Auditing, &E @2000 by Prentice Hall.It
Arens, Loebbecke; Auditing, 8/E ©2000 by Prentice Hall, Inc. WHAT ARE ETHICS ??????? Ethics can be defined broadly as a set of moral principles or values. Each of us has such a set of values We many or may not have considered them explicitly
Need for Ethics Ethical behavior is necessary for a society to function in an orderly manner The need for ethics in society is sufliciently important that many commonly held ethical values are incorporated into laws Arens, Loebbecke; Auditing, &E @2000 by Prentice Hall.It
Arens, Loebbecke; Auditing, 8/E ©2000 by Prentice Hall, Inc. Ethical behavior is necessary for a society to function in an orderly manner. The need for ethics in society is sufficiently important that many commonly held ethical values are incorporated into laws
When a person's moral standards Differ from yours Extreme examples of people whose behavior violates a wide array of moral standards are drug dealers, bank robbers, and sex offenders. Common american moral standards? Is fundamentalism good or bad? Arens, Loebbecke; Auditing, &E @2000 by Prentice Hall.It
Arens, Loebbecke; Auditing, 8/E ©2000 by Prentice Hall, Inc. When a Person’s Moral Standards Differ from Yours Extreme examples of people whose behavior violates a wide array of moral standards are drug dealers, bank robbers, and sex offenders. Common American Moral Standards? Is fundamentalism good or bad?