Values, ethics and governance are essential skills for finance professionals. It is important to ACCA to ensure all students – irrespective of which qualification they are studying for, and to which level they wish to take their career – understand what it means to work and act professionally and ethically in the workplace.
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This is why ACCA has adopted a holistic approach to your ethical development via the exam syllabus, the Practical Experience Requirement and the Ethics and Professional Skills Module – requirements you need to complete in order to obtain your ACCA Qualification.
Example of Professional Ethics
1200 WordsFeb 4th, 20185 Pages
Dr. Smith refuses to report the child abuse stated by his clients to authorities or, even, mention the abuse in patient files. He believes that rigorously protecting confidentiality will help those who are most likely to injure their children. Is Dr. Smith's confidentiality policy justifiable? The rule-utilitarianism and deontology theories can be applied to express ethical reasoning to determine if the theories can bring about resolution.
Rule-utilitarianism places practical reasoning by establishing moral rules that, when followed, brings about the best consequences (Moral Theories). It is thought of as a compromise. The rule-utilitarianism believes in a two-tier system to bring about the greatest happiness for the greatest number of people (Rule-utilitarianism). The first step is to put oneself in the place of all concerned. Without talking all people concerned into account it is considered self-interest thinking. The second step is to make moral decisions in ways that optimizes everyone's satisfaction by taking into account the strength of each person's preferences. It requires universality, meaning that the needs and desires of all the involved parties in the situation.
Dr. Smith's practice involves clients who are, or is potentially, abusive to their children. This would involve the client and their children…