Purchase Solution

Rule-Based Ethics Standards

Not what you're looking for?

Ask Custom Question

Should we have rules-based ethics standards? Why or why not? Should they tell you exactly what to do in specific ethical situations?

Do you agree with the authors that a code of ethics should do more than establish minimum acceptable standards? Why or why not?

http://www.ijbssnet.com/journals/Vol.%202_No._10%3B_June_2011/29.pdf.

Purchase this Solution
Solution Summary

The answer to this problem explains ethics in accounting and goes over the rule-based ethics standards. The references related to the answer are also included.

Solution Preview

1. According to the article business ethics deals with the questions of whether specific business practices are acceptable. We should not have rules based ethical standards. Rules based accounting has not worked in practice. The focus is on checking the boxes more than achieving the objectives. Rules based ethics are perceived to be very complex, hard to understand, and difficult to follow. Rules base ethic is a list of detailed rules that must be followed when carrying out business. Professional managers prefer rules based ethics because in absence of rules their actions could be questioned in court. When strict rules are followed ...

Solution provided by:
Hatim Baxamusa, MBA
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
Recent Feedback
  • "I read your comments, and thank you for this feedback. Do I need to find other studies that applied this methodology Ive used? That's where I'm stuck at."
  • "Thank you kindly sir. "
  • "Excellent and well explained. --Thank you kindly. "
  • "Awesome notes. I appreciate you."
  • "I have the follow-up project and I will assign that to you very soon. "
Purchase this Solution
Free BrainMass Quizzes
Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Writing Business Plans

This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.

Organizational Behavior (OB)

The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.

Production and cost theory

Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.

View More Free Quizzes
Related BrainMass Solutions

  • Law, Standards of Morality, and Ethics in Justice and Security

    655370 Law, Standards of Morality, and Ethics in Justice and Security What is the relationship between law, standards of morality, and ethics in justice and security? How are they related? How are they different? Explain your reasoning.

  • Moral or Ethical?

    Generally this type of ethical standards guide our code of conduct such as in the medical profession where the general rule is to not cause emotional or physical harm to someone else.

  • Mechanisms to prevent violations of ethics in a company

    Ethics training programs reinforce company values, provide awareness to employees on the company's code of ethics, and teach them the consequences of non-compliance to ethics standards.

  • Accounting: Ethics and the Conceptual Framework

    Professional ethics are important and these are also mentioned in the AICPA's Rules of Conduce of the Code of Professional Ethics. The conceptual framework helps in developing new standards.

  • Discussing Ethics and Social Responsibility

    Virtue ethics defines morality as to what should be done, based upon one's own set of high ethical standards.

  • Ethics Standards

    562369 Ethics Standards Every day we all have decisions to make that depend on us doing the right or wrong thing. It's not always easy to do the right thing.

  • Standards and rules of conduct established in an organization

    Establishing a situational ethics as an ethical code of conduct and a prescribed rule will also help the organization to deal with the real world problems and future uncertainties.

  • Daubert Rule in contrast to the Frye Standard

    Ethics plays a role in expert testimony in the sense two experts can possess widely different interpretations of the same evidence based upon their ethical viewpoints and morals.

  • AICPA Code of Conduct violatations by Andersen or Enron

    Rule 102, Integrity and Objectivity was apparently forgotten. Rule 201 - General Standards was missed somehow. Rule 202 - Compliance with Standards was ignored. Rule 501 - Acts Discreditable was not remembered.

View More Related Solutions