Accounting Education and the Development of Ethical Maturity Essay

Accounting Education and the Development of Ethical Maturity - Essay Example This is where the role and inclusion of ethics education in accounting becomes important. This discussion draws on the connection between accounting education and the development of ethical maturity and suggestions to possible alternative approach to traditional accounting education are also evaluated considering the work of pioneering authors in the field. There has been substantial research on accounting education and ethical development and how one could be related to the other. In a latest release by the International Federation of Accountants (IFAC), the importance of ethics education has been highlighted. Academic institutions use different methods and levels of ethics education and place varying degrees of emphases on ethics teaching when students take courses in accounting. Adkins and Radtke (2004) discuss the difference between student perceptions of business ethics and how they are fundamentally different from perception of accounting faculty members. The advantages or disa dvantages of teaching business ethics to final year accounting students have been examined by O’Leary (2008) who reports data on a class of 155 students who were given five ethical scenarios on which to make ethical decisions and the students were then subject to different methods of ethical instruction. Some weeks later, the class students were again given the original ethical scenarios and in all cases, the mean responses were more ethical after the ethical instruction when compared with scores obtained prior to the ethics education. It seems the combined effects of ethical instruction have positive impact on ethical decision making and in general, ethics education could be highly beneficial. The goals and effectiveness of business ethics have been studied effectively although there have been controversies as to how far accounting faculty members are committed to accounting ethics education and how far accounting institutions are interested in adding ethics modules in busin ess courses. Smith and Smith (2005) described the ethics presentation to accounting and business students and highlighted the fact that the major corporate failures of Enron and Worldcom as a result of questionable accounting practices led to the necessity of ethics as important in the working of business and accounting. Financial statement analysis and regulatory requirements are central to doing business and Smith and Smith described the development and assessment of one approach to presenting ethics with a computerized slide show. The show was aimed to increase students' understanding of the role of ethics in accounting and business practice and following the presentation, the students reported a better recognition of the importance of ethics in accounting and business. Education in ethics teaches student to practice actions that are morally correct and this helps student not juts in school but also later in life while they work in corporations. There are claims that accounting education fails to adequately equip students to deal with ethical issues and accounting education in general is incomplete for the overall moral development of students. Thus there is a need to add business ethics as a module in accounting education. An information paper was released by the International Accounting Education Standards Board (IAESB) in 2006 and this paper was based on a global research project on education of ethics in accounting and stimulated discussion and debate on the values of an ethics education in the accounting profession. The paper tried to answer questions on the use of ethics,

Merchants of Cool-Movie Review Movie Example | Topics and Well Written Essays - 750 words

Merchants of Cool- - Movie Review Example This is indeed a very conservative approach. Quite often, the product being promoted is not in the best interest of the children or the society at large, but Merchants of Cool indicates, â€Å"in order to remain cool, you have to keep ahead of the curve† (Sine, 2008, p. 85). The Merchants of Cool portrays both media and corporations negatively. This is so because it reveals a disturbing scenario, depicting how many corporations see teenagers, not as persons with real life, issues and problems, but as talking and walking dollar signs and as possible marketers of their products. There are many other tormenting issues in the movie if not somewhat unreasonable ideas. For example, the idea that individuals are made to look trendy are just ‘plants’ by corporations to influence peers to have a sensation that they should buy something for them to look like the person is extremely disturbing. This is because they can be found anywhere. This aspect does not perpetuate a sen se of unity among the youth who should feel with each other rather a very strong sense of jealousy and suspicion. It is undoubtedly evident from the documentary film that it is attempting to portray corporations and media negatively so as to reveal the truths (Sine, 2008). However, the most disturbing question that one may ask is, â€Å"How truthful is this?† Just like the anthropologists, the cool hunters search for teenage cultures and employ the early teen trendsetters to design new products and develop new marketing strategies, to hook the teenagers (Sine, 2008). These teenage cultural studies are seen through interviews held with some marking gurus drawn from big corporations, and MTV. The first encounter is with Todd Cunningham of MTV who narrates how MTV engages in research so as to be able to understand teens, including their sources of Gold studies and Ethnography. The other is Sharon Lee and Dee Dee Gordon, the co-founders of Look-Look, which is a research corporati on that specializes in youth culture. They outline how their company is searching out teen trendsetters searching for what is cool, how the corporations use the information they gather and challenges in their guest. Sine (2008) notes that increasingly, the merchants of cool find new stealth technique to persuade and encircle the teenagers. He notes that they use acquaintances, friends, buzz, sleepovers, and at times youth groups to show example of the latest glam fashions, technologies and cosmetics. It is then that they pay cool teenagers to persuade their friends to become cool insiders by buying the cool products. The documentary reveals that marketers at times resort to using rebellion and anarchy to sell their products. By watching the ad, one can clearly notice that the merchants of cool not only market the opportunity to be an insider, but they also communicate that the youths can find their sense of self-worth, identity, life purpose and spirituality by living in the fiction al stories that the company storytellers of cool create for them (Sine, 2008). The movie also depicts the popular media culture of trying to use issues that they feel the audience like most to sell their agenda. For instance, marketers know very well that â€Å"sex sells.†

Deregulation of the Financial Sector in Japan Essay - 8

Deregulation of the Financial Sector in Japan - Essay Example Thomas Friedman in his book, â€Å"The World is flat†, described this process as â€Å"Glocalization†. What this means is the marriage of globalization with localization or adapting global practices to local needs. In the case of ML, it means that its managers if they are to get a share of the 1.2 Trillion in household savings, they have to re-orient their strategies towards the local market. The strategic challenges that confront global managers are how to work around the complex set of laws that govern capital movement in the countries in which they operate. Though many countries have joined the WTO (World Trade Organization), they have not yet fully embraced the conditions that govern this trade organization. For instance, in many of the countries, full capital account convertibility is not allowed and only partial convertibility is allowed. Global managers in the global economy need to go beyond the straitjacket attitude towards business that proclaims â€Å"one size fits all† approach. Instead, they have to ensure that their companies make tailor-made products for each country and each region. This has been illustrated in the case involving ML when the company tried to set up branches in the retail space and had to withdraw them later in the face of mounting losses. This was a clear instance of a global company retreating in the face of sustained local regulations over which it had no control. One reason multilateral institutions like the World Bank and the IMF prescribe policies that guarantee uniformity of regulations is to ensure that the local economy benefits from competition. However, this has led to demands for level playing fields from local companies. Hence, global managers have their task cut out when they present their case for uniform regulations. The best strategy would be to convince the regulators to liberalize the financial sector while keeping the checks and balances in place. Another point that the case highlights are for global managers to be tuned to the changes in the country’s regulatory and financial environment.

COMM ASSIGNMENT Example | Topics and Well Written Essays - 1000 words

COMM - Assignment Example Based on this fact, I have known Daniel for the last 5 years. It is important to provide an explanation that currently, my7 relationship with Daniel is at the intensifying stage. It is at this stage when people within a relationship are able to disclose more about each other, with the intention of finding out whether their actions will be reciprocated. It is important to denote that during this time, Daniel was able to disclose so much to me, and initially, I was reluctant to disclose any information about myself, and family to him. However, the breaking point came when Daniel was able to disclose the problems of his family to me. That is, his parents were facing a difficult time, and wanted to separate from each other. This clearly touched, because Daniel was able to trust me with such kind of sensitive information. Based on this action by Daniel, I started becoming free with him, disclosing some aspects about myself, as well as my family. However, most information that I normally d isclose to Daniel, revolves around my social and academic life. The same applies to Daniel, and this is because we came to an agreement that it won’t be necessary for both of us to disclose some sensitive information pertaining to our families. It is important to understand that the major factor that attracted me to Daniel was the confidence he had, on the first day that he was speaking to me. That is on the bus station. To me, confidence matters so much, and this is because it plays a great role in improving the communication ability of an individual. A person who is not confident will find it difficult to express himself; as a result, there will be a break-down in communication (Hardyman, 2010). However, two important issues contributed in making me, to be interested for a long time on Daniel. One factor is suspense. During the beginning of our relationship, it was always difficult to know what Daniel was thinking about. This is mainly because he was always quiet and

How to be an effective manager Research Paper Example | Topics and Well Written Essays - 2250 words

How to be an effective manager - Research Paper Example Research objective: How to be a manager that leads in business? Introduction Manager as the name implies is the one who manages or directs a company, industry, organization etc. Manager is the person responsible for achieving goals by getting the work done through other people. The task of manager includes planning, directing and monitoring the work done by subordinates and take corrective measures when and where required. The main quality a manager must have to lead in business is the basic knowledge and familiarity of all areas and divisions so that he/she can guide the workers and can check if the work is being done properly or not. Manager apart from performing the discussed roles and responsibilities, need to primarily look after achieving the goals and objectives of the organization while increasing the profits. The role of manager in an organization is to reach and exceed the set expectations while ensuring that every team member achieves respective objectives (Koontz, H. & We ihrich, 2006). Important functions of manager Managers are important for business so that they can coordinate and direct the activities required to achieve its goals and targets. They play a vital role in determining the future of a firm or society at large. Their function is to focus on people and their performance so that desired outcome can be achieved. And to achieve success in their strides Manager needs to design a course of action from the available alternatives and verifying if everything occurs in accordance to the plan adopted in order to make orderly arrangement of individuals and group to secure unity of action. For this Managers at all the levels in an organization perform these functions but the amount of time spend on these activities depends on specific organization. Some of these functions are Planning, Organizing, Staffing, Directing and Controlling (Marquis& Huston, 2008). Planning may be defined as the process of setting goals and strategies to accomplish a goal. It is a systematic step and preparatory activity done by manager which determines the future course of action. Manager while planning forecasts and decides in advance about the action to be pursued in future. In this process relevant facts are collected, analyzed, and action plan is then decided for future. While planning, the manager takes into consideration the available resources of the organization so that optimum utilization can be done. Manager decides the best available alternative and evaluates future contingencies in order to achieve predetermined goals of organization or business. Through planning Manager lays down objectives, policies, procedures, rules, programs, budget and strategies for proper and efficient functioning of business or organization. Planning is thus an intellectual process where in manager chooses the course of action from the available alternatives. It is the most basic but continuous function of manager. After planning is done, manager needs to organi ze the workforce and material as per the plan. Organizing is done in order to get result. Manager must synchronize human, physical and financial resources with skilled and efficient workforce in order to get results. By organizing manager divides the work amongst the employees and coordinate their efforts to achieve goals or objectives of the business (Marquis & Huston, 2008). Once planning and organizing is done, manag

Gender Studies about the family Essay Example | Topics and Well Written Essays - 500 words

Gender Studies about the family - Essay Example tion, on the other hand, depends on the ability of the other to  acquire  the most  excellent  species  or the higher number of mates basing on the degree of  difference  in reproduction (Marlene 8).  Birds with longer tails  illustrate  sexual  selection  as they attract more females contrast to the ones with shorter tails despite their risk as an easy  target  prey  and  hardship  in flying.  Females tend to  differentiate  the  little  differences amongst the mates and they prefer to mate with individuals who posses exaggerated behavior. These characters also  aid  in their survival (Marlene 9). Biologically, people might  deny  the differences of structure composition and hormones among men and women; they differ on the significance for gender values and qualities regarding the differences. Organization in the brain has also been used to determine the sex difference as in the case where females are more  superior  in  their verbal skills than men, because woman are  dominant  in the left-brain while men are better in the  image  and spatial skills because of their right  brain  dominance.  The physical differences between males and females  bring  about the  division  whereby men are more aggressive than women and have stronger muscles while females have  a better adapted pelvis  for childbearing.  Men’s aggressiveness helps them in their social life because it acts as a defensive mechanism. Parenting  is profoundly based  on gender. This is because being a father, or a mother means different things to the parents. In the act of preference, gender  is illustrated  by the issue of how men treat their sons and daughters with difference. The importance of a man relating to a woman is  essential  because it helps both parties  evaluate  whether they are a family man or a  wife. In parenting, labor  division  is  dominant  because men engage in public  category  of working hard to  support  the family while women, on the other hand, fall in the category of child

Juvinile Essay Example | Topics and Well Written Essays - 1250 words

Juvinile - Essay Example These people are taken to regular courts and if need be are jailed after justice has been reached as per the rules of the land. On the other hand, if the offender is below 18 years of age, a different set of rules apply. These persons are tried under juvenile law where the goal is to rehabilitate rather than punish the minors for crimes done. This will be the focus of this discussion and this paper will look at various issues as pertains to a juvenile case The People v. Eric S. Considering juvenile case number A125758 of the people as the plaintiff and Eric S. as the defendant/appellant, there are a number of issues that arise. This case arose when the appellant, 17 year old Eric together with his two teenage companions attacked a 44 year old man. During the attack, the appellant hit the victim in the head with a two by four resulting in severe injuries. These injuries included a gash in the head that required seven staples, a fractured cheekbone resulting to swelling of the face, a contusion on his right forearm and a sprained knee and torn ligaments (Justia US Law, 2). In addition to this, the victim suffered a black eye and severe swelling of the knee and forearm. Being a member of the Kaiser family foundation, the victim received extensive medical treatment at a Kaiser facility. After the court hearing, the appellant was declared a ward of the juvenile court when he admitted to a felony assault count of using force likely to cause great bodily injury. The decision of the court was to release him but put him on home probation under a number of conditions (Justia US Law, 2). In addition to these conditions, he was required to pay direct victim restitution. In the restitution hearing, the district attorney asked the court to include the cost of the victim’s treatment at the Kaiser Foundation. This amounted to $51,270.06 which included $48, 619.90 for the cost incurred at the Kaiser Family plus an additional $2,650.16 for out-of-pocket expenses incurred by the victim. According to People v. Duong (2010) 180 Cal.App.4th 1533 (Duong), the court held that victim restitution ordered against adult offenders under Penal Code section 1202.4 may include amounts billed for medical services provided by a health maintenance organization (Findlaw, 5).As a result of this decision, there were a number of legal questions that arose, first of all, the question of having to pay for the cost of all the treatment that the victim received at the Kaiser Family Foundation. Would it not be fair enough if the appellant only covered the victim’s out of-pocket expenses? This is from reasoning that the victim was a member of the Kaiser HMO and thus would not have to pay for the medical services that he received from the institution. Another question that arose was the fact that direct restitution should be limited to the economic losses a victim occurs as a result of an attack and should not include medical expenses that the victim did not pay for per sonally. PART 2 In defense of the ordered restitution amount that was to include the medical care provided by the Kaiser Foundation, one critical question was answered by the case. This was the fact that ordering restitution for a victim in a juvenile case was to serve three functions which include, to rehabilitate the defender, to prevent future delinquent behavior and finally to make the victim whole by compensating him for the economic loss