The most important purposes behind the Code of Professional Conduct are to protect the investor, the employee, and the creditor. These are important because it is these people that make the company what it is. The people that see the financial statements for a company deserve to know the truth about how the company is doing and these rules are put into place to ensure that. If financial information is misstated the investors may think a company is
The Need for Role of Discipline in the Uniformed Public Services Definition of Role of Discipline: This is the practice of training people to obey rules or a code of behaviour, using punishment to correct disobedience and rewards to encourage it. Rules and Regulations: Rules and regulations are put in place to maintain the expectation of the service; so that tasks run smoothly and there is a certain routine to be followed, for safety and efficiency. Tasks will get done effectively and to the best of the service's ability. Rules and regulations are also to get tasks done as quick as possible, but to a high standard. This is also to ensure that no faults are made, hence no lives being put in danger; meaning themselves or the public, or Public Service being scrutinised.
As a member there are certain criteria and professional standards that we must uphold. CPAs have auditing and assurance standards that must be followed to ensure valid and accurate information from company to company. Pronouncements are often issued to keep all CPAs informed on industry changes. Compilation and review standards provide the same value as auditing standards, to ensure services are provided in a similar fashion by all CPAs. Other attestation standards include specific guidance on other attestation services, again to ensure each CPA practices applicable accounting procedures.
Employees should instruct to the customers that rights about fair dealing and competition. The internal users, who use the intranet, can be expects respect, comply and understand with company. In addition, the company requires their employees to refuse conflicts of interest between company and employees personal dealings. G.M Financial has protection of company asset section which is included tangible assets and intellectual property. The employees must keep company’s tangible assets and knowledgeable things.
You are attending a meeting to discuss the establishment of company policies in anticipation of future hiring. As you begin the meeting, the CEO addresses the need for a code of conduct policy, with an emphasis on ethical behavior. Other members of the team discuss the issue of growing business at any cost in order to keep the company growing. The CEO acknowledges the need for growth but demands that the team determines a way for the company to maintain the highest degree of ethical standards. One member asks if it is possible to maintain the highest degree of ethical standards and still remain profitable— which draws some laughter from the group.
The three types of costs associated with quality considerations are prevention costs, appraisal costs, and internal/external failure costs. Prevention costs are the most effective way to mitigate problems with production quality. Prevention costs are comprised of processes the organization can take to proactively avoid defects. For example, we should ensure our employees have the right tools for their jobs; they have safe working conditions; all new employees are properly trained, and existing employees are continually trained in their areas of responsibility. The Prevention costs will help the organization by providing our employees the tools, training, and procedures needed to reduce the amount of defective products coming off of our assembly lines.
20.05.2015 3 Principles of Leadership and Management 1.1. Explain the importance of defining the objectives, scope and success criteria of the decisions to be taken. It is important to define objectives of any task to outline to all level colleagues what task needs to be completed, they should be outlined and set out using the SMART guide; Specific Measurable Achievable Realistic Time bound To define the objectives ensures a consistent work effort and will ensure practices adhere to company set policies, procedures and managerial requirements. Defining the scope of a task ensures that all efforts are sufficiently risk assessed and employees remain safe from harm, this will ensure thorough risk assessment takes place as would
They enable you to provide a good quality service working within the legal framework and most importantly aim to keep you and the individuals you support, safe from danger or harm. To implement agreed ways of working you follow the Policies and Procedures and the service users care plan, where the management of the individual's daily care needs are agreed and documented. It is extremely important to have up to date agreed ways of working as there may be changes in policies within the law. Our company may have to implement them to help protect the vulnerable. You have a duty to keep service users safe by following policies, procedures and working within your job role.
They also enable you to provide good quality service working within the law and most importantly aim to keep you and the individuals you support, safe from danger or harm. Policies and procedures are to be adhered to in conjunction to the service users care plan, where the management of the individuals daily care needs are agreed and documented. It is important to have up-to-date agreed ways of working as there may be changes in policies within the law and the company may have to implement these policies to help protect the vulnerable. There is a duty to keep service users safe by following policies, procedures and working within your job role. Each job title entails particular duties and responsibilities.
Unit 2: Promote Professional Development 1. 1.Understand the principles of professional development. 1.1 Explain the importance of continually improving knowledge and practice. To ensure that high standards of care are kept continuously as circumstances and environment changes, everyone must continuously be aware of how they can be changed and developed to improve. Continually improving knowledge and practice benefits both resident and the carer.