WHAT IS ETHICAL BEHAVIOR AND WHY IS IT IMPORTANT IN MANAGERIAL ACCOUNTING?
WHAT IS ETHICAL BEHAVIOR AND WHY IS IT IMPORTANT IN MANAGERIAL ACCOUNTING?
Homework Answers
Ethics are been set by the company for accountants to set the ethical behaviour.
Ethical behaviour tends to be good for business because of its key moral principles such as confidentiality, honesty,dignity, and equality.
Managerial accounting is a part of internal business and is responsible for managing a company's financial information
Ethical standards in managerial accounting ensures that the information is reported in full with out any bias. Managerial accounting contains a sensitive information so, by having an ethical behaviour management maintains confidentiality.
If that sensitive has been used for the personal purposes it can destroy the business and put in several problems.
So it is very important to consider ethical behaviour in case of managerial accounting.
Thank you.
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WHAT IS ETHICAL BEHAVIOR AND WHY IS IT IMPORTANT IN MANAGERIAL
ACCOUNTING?
Why be ethical? 1. Explain why ethical behavior is so important for finance and accounting personnel....
Why be ethical?
1. Explain why ethical behavior is so important for finance
and accounting personnel.
2. Provide two examples of companies that have been guilty of
ethical-based malfeasance related to financial management and
determine why their comeuppance was deserved.
Reply WHY BE ETHICAL? Original Post: Mon 1/28/2019 at 11:05 PM 1. Explain why ethical behavior is so important for finance and accounting personnel. 2. Provide two examples of companies that have been guilty of ethics-based malfeasance related to financial...
What keeps us ethical as accountants in both managerial and financial accounting? Name some checks and...
What keeps us ethical as accountants in both managerial and financial accounting? Name some checks and balances/internal controls in your own work place and their purpose. Why are organizations like the IMA important and what support do they give accountants in regards to ethics?
Chapter 18 Introduction to Managerial Accounting Directed Reading Guide Why is managerial accounting important? Identify as...
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1. Why is managerial accounting important? 2. How can you use managerial accounting in real world/life? (can be opinion based)
Assignment Details This assignment has 3 parts: Ethical behavior is important to the accounting profession as...
Assignment Details This assignment has 3 parts: Ethical behavior is important to the accounting profession as well as the general business environment. Most companies have code of conduct policies and ethical training to ensure all employees understand the company’s behavior expectations and responsibilities. What are the advantages and disadvantages of a company having a formal code of conduct that employees are obligated to follow? What are your thoughts about whether employees should have to participate in mandatory ethical trainings each...
Assignment Details This assignment has 3 parts: Ethical behavior is important to the accounting profession as...
Assignment Details This assignment has 3 parts: Ethical behavior is important to the accounting profession as well as the general business environment. Most companies have code of conduct policies and ethical training to ensure all employees understand the company's behavior expectations and responsibilities. 1. What are the advantages and disadvantages of a company having a formal code of conduct that employees are obligated to follow? 2. What are your thoughts about whether employees should have to participate in mandatory ethical...
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Why be ethical?
1. Explain why ethical behavior is so important for finance
and accounting personnel.
2. Provide two examples of companies that have been guilty of
ethical-based malfeasance related to financial management and
determine why their comeuppance was deserved.
Reply WHY BE ETHICAL? Original Post: Mon 1/28/2019 at 11:05 PM 1. Explain why ethical behavior is so important for finance and accounting personnel. 2. Provide two examples of companies that have been guilty of ethics-based malfeasance related to financial...
1. Why is managerial accounting important? 2. How can you use managerial accounting in real world/life? (can be opinion based)
Assignment Details This assignment has 3 parts: Ethical behavior is important to the accounting profession as well as the general business environment. Most companies have code of conduct policies and ethical training to ensure all employees understand the company's behavior expectations and responsibilities. 1. What are the advantages and disadvantages of a company having a formal code of conduct that employees are obligated to follow? 2. What are your thoughts about whether employees should have to participate in mandatory ethical...
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