In your response to at least two peers, discuss actions and consequences that should be taken in
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Question:
In your response to at least two peers, discuss actions and consequences that should be taken in response to a violation of their selected principle. Use the following questions to help guide your responses:
- What actions or strategies could you or others take to remediate the ethical issues?
- What are some repercussions of not abiding by your peer's selected principle from a legal, business, or general professional perspective?
below is the post that needs the response.
The principles of professional conduct I selected to examine in the AICPA Code of Professional Conduct is Integrity.
- How would you define and describe your selected principle?
- Integrity to me means the act of honesty, a right action, and a fair action. When it comes to a business, it would include privacy practice for its consumer.
- What value does the principle bring to practitioners, businesses, and clients?
- Integrity brings the values of practitioners, businesses, and clients to be honest, build confidence and show fairness.
- What is an example of a difficult situation that a practitioner may face related to your selected principle, and what would an ethical response to the situation be? Why might a practitioner be tempted to, or accidentally, not take an ethical course of action?
- An example of a difficult situation would be a new employee making data entry for money coming in. A keying error can be extremely easy to make, or an unethical person would perhaps make changes on the sheet to pocket some extra money. The ethical response would be to double check work and bring up any errors to management or someone in charge.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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