Business Ethics Cpa - 1303 Words

QUESTIONS FOR THE ‘ETHICALLY-PROFESSIONAL’ C.P.A.-TO-BE 1. Do YOU care about how your actions as a C.P.A. could benefit or harm other persons / society? (from our discussion of Psychological Egoism) I care about how my actions as a C.P.A could benefit or harm other persons/society. I realize that as a professional working for the public I need to use due care in working as a C.P.A. As a member of the AICPA I’m obligated to follow the Code of Ethics designed for members to follow when working in the profession. It is in my own self-interest to follow the code of ethics, as if I don’t I might have to bear the consequences, for example suspension of my license. As a C.P.A professional it is in my own self-interest to follow the†¦show more content†¦3. Do YOU accept ethical obligations to benefit and not to harm others? - Or do YOU only recognize an obligation to yourself to benefit / not to harm your self alone? (from our discussion of Ethical Egoism) I accept the obligations to benefit and not to harm others. There are several reasons. If I were to recognize an obligation to myself alone, then each individual has the right to do the same. In that case anyone can try to harm me to protect their self-interest. Thus, it is in my own self-interest to accept ethical obligations to benefit and not to harm others. If the people in all societies don’t accept this obligation to benefit and not to harm others, than the society would be destructive. If every person set out to benefit only himself, then he himself would be unsafe in this world. For example if no one would help a starving person with food as it has no benefit in return, then in the future if they were in a stage of starving, then no one would come out to help them either. Only looking out for yourself is no worse than racism, which is a universally accepted moral wrong. While one discriminates among races, the other discriminates among yourself and the rest of the world. 4. How should YOUR religious or spiritual values and principles impact YOUR conduct as a C.P.A.? (fromShow MoreRelatedWhy Are Ethics Important in the Accounting Profession? Essay1459 Words   |  6 PagesWhy Are Ethics Important In The Accounting Profession? Sheree Fletcher CE CAPSTONE COURSE FOR THE ASSOCIATES DEGREE IDS399 September 10, 2006 What does ethics have to do with accounting? Everything, since there have been some recent financial accounting scandals; a few examples being Xerox, WorldCom, Enron, which have generated much unwanted and unfavorable publicity for CPAs, including those working as controllers or chief financial officers for organizations. When you hear theRead MoreWhy Are Ethics Important In The Accounting Profession Essay1396 Words   |  6 PagesWhy Are Ethics Important In The Accounting Profession? What does ethics have to do with accounting? 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