"We look for three things when we hire people. We look for intelligence, we look for ini&a&ve or energy, and we look for
Posted: Sun Apr 17, 2022 6:55 pm
"We look for three things when we hire people. We look for intelligence, we look for ini&a&ve or energy, and we look for integrity. And if they don't have the laQer, the first two will kill you, because if you're going to get someone without integrity, you want them lazy and dumb." –
Warren BuffeQ (Schwantes, 2022)
Essay topic:
Professional accountants in Australia, and indeed around the world, have a responsibility to act in the public interest. They are expected to comply with the fundamental principles of integrity, objec>vity, professional competence, due care, confiden>ality and professional behaviour in all their dealings. However, in recent years ethics and professional integrity within the accoun>ng industry have come into greater focus, including dealing with issues associated with online privacy and security. In many real-world scenarios, there may be a conflict between the ethical standards expected within the accoun>ng profession and commercial reality.
Task:
Research and iden>fy instances where ethical standards and commercial reality have been at odds and discuss how these situa>ons should/could have been handled. Discuss how the prac>cal management of ethical issues may conflict with the professional and ethical standards expected within the accoun>ng profession.
Ar&cles to get you started:
In The Black - Changing winds of a
Warren BuffeQ (Schwantes, 2022)
Essay topic:
Professional accountants in Australia, and indeed around the world, have a responsibility to act in the public interest. They are expected to comply with the fundamental principles of integrity, objec>vity, professional competence, due care, confiden>ality and professional behaviour in all their dealings. However, in recent years ethics and professional integrity within the accoun>ng industry have come into greater focus, including dealing with issues associated with online privacy and security. In many real-world scenarios, there may be a conflict between the ethical standards expected within the accoun>ng profession and commercial reality.
Task:
Research and iden>fy instances where ethical standards and commercial reality have been at odds and discuss how these situa>ons should/could have been handled. Discuss how the prac>cal management of ethical issues may conflict with the professional and ethical standards expected within the accoun>ng profession.
Ar&cles to get you started:
In The Black - Changing winds of a