Case Study

526 WordsMar 22, 20153 Pages
AFM311 page 1-17, 88-89 Reasons for unthical decisions: The desire to avoid the bad publicity that reporting the incidnt would bring The failure of the university’s board ot trustees to hae repoting mechanism in place to ensure dislosure of major risks to the university A president who discouraged discussion and dissent A lack of awareness of child abuse issues and the Clery Act, which requires all colleges and universities participating in federal financial aid programs to keep and disclose information about crimes commited on and near their campuses A lack to whiitleblower policites and protections A cultrue of reverence for the football program that was ingrained a all levels of the campus ommunity Integrity: fundamental trait of character that enables a CPA to withstand client and competitive pressure that might otherwise lead to the subordination of judgment -person of interity will act out of moral principle and not expediency -influence of religious writing and interpretation -influence of philosophical thought -influence of community (social) values ethical standards for a profesion are heavily influence by the practices of those in the profession, state laws and board of accountancy rules, and the expectations of society. Ethics: how people “ought” to act Values and ethics: Values are basic and fundamental beliefs that guide or motivate attitude or actions -how a person behaves in certain situations and is predicated on personal beliefs that my or may not be ethical, whereas ethics is concerned with how a moral person should behave to act in an ethial manner. What does the law require of me? What do ethical standards of behavior demand of me? What should I act to conform to both? “moral point of vies” decision maker be willing at least sometimes to take an action that may not be in his best interest. Ethical

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