Ethics and Professional Responsibility

The professional qualities I believe a student doctor must possess are integrity, compassion, and discipline. Without integrity, none of your other qualities matter. Being honest, ethical, and having good character will serve you better than any other traits you possess. It’s a quality that I believe is a must for a student entering the medical profession because patient trust will be a key component to your career. I would demonstrate this quality by always being honest in patient interactions and upholding the Hippocratic Oath, regardless of the difficulty of doing either. Compassion will be an important quality for a student doctor to possess because they will need to be able to understand the patients point of view, and situation in order

Sometimes a social worker can experience conflicts and ethical dilemmas in the practice, and the decision-making process requires a separation form the personal values and professional ethics. One conflict that may arise while working with a client is keeping personal feelings and values separated from the professional role. In the case, social worker Ajia Meux is working she is faced with some conflicts that can intertwine with her personal values and professional ethics. She was concerned with her client’s decision of having children, his living situation, and his environment. Ms. Meux is trying to make sure that the client use protection to avoid having more children and suggest him to have a DNA test done. She understands that this is a decision that can help him better his life and give him a more positive outcome for his future.

Without a question the BOD should have placed a high degree of reliance on Andersen, which at the time was one of the most prestigious worldwide accounting firms. The auditors should have known the kind of accounting taking place in Enron. In my opinion, Andersen knew, at least to some extent, the company’s financial condition. However, Enron was already too deep under water that blowing the whistle so late would have created problems for Andersen as well. According to the case, on 02/05/01, Andersen held internal meeting during which it addressed the company’s accounting from and oversight of the LJM partnership. Andersen never discussed these concerns with the Audit and Compliance Committee. Although the BOD has its faults, it should have been able to rely on Andersen’s work.

Arthur Andersen (AA) contributed to the Enron disaster when it has failed to the management by failing to have Enron establish and enforce its own internal control. There has been flaws to AA‘s internal control. There has been assumption that AA partners were too motivated by revenue recognition thus, overlooking several criteria when providing their services to Enron. Additionally, AA also recognised the retention of audit clients as vital and a loss of any clients would be disadvantaged to an auditor’s career. In AA internal control, the person who is able to make most of the decisions is the person who is most concerned about the revenue or losses of the client’s company.

“Outside auditors play a crucial role in our nation’s financial system. As the watchdogs of corporate accounting, they are supposed to protect investors” (Hilzenrath, 2010). The question is how effective are these outside auditors in protecting investors? When you think about the failures that have occurred: Enron, WorldCom, Adelphia, Tyco, and Global crossing to name a few, one would really question the effectiveness of these outside auditors. As a result of these failures, Congress pass the Sarbanes Oxley Act of 2002. This act in turn created the Public Company Accounting Oversight Board (PCAOB) to police the outside auditors and ensures they are protecting the investors.

My thesis is that the core of business is moral just as the core of any

Ethics are a major issue which is a reason why the Sarbanes-Oxley Act was implemented. Before the Act, firms focused on growth but not as much on professional values. Revenue was the driving factor in auditing firms, and auditors were required to find new clients, keep existing clients, and cross selling. There were also penalties for not obtaining these requirements which could lead to termination (Jones III & Norman 2006). Since the Act many organizations have now implemented a code of conduct (ethics) which sets standards of how an auditor is supposed to act or a place to go to seek advice on handling different situations. The code of conduct or ethics can be viewed as a way an organization wants one to act or behave (Canary & Jennings 2007). Since implementation ethics is being taught more in college classes, and the reason for this is because of the huge scandals that have occurred. One study showed that the key leadership roles in a company often have a MBA, so teaching ethics will reach those leaders, and possibly prevent future ethical dilemmas (Sulivan, D. 2010).

The American School Counselor Association is a professional organization whose members have a unique and distinctive preparation, grounded in the behavioral sciences, with training in clinical skills adapted to the school setting. The school counselor assists in the growth and development of each individual and uses highly specialized skills to protect the interests of the client within the structure of the school system. The Ethical Standards for School Counselors were developed to clarify the nature of ethical responsibilities held in common by school counseling professionals. The purpose is to serve as a guide for the ethical practices of all professional school counselors regardless of level, area, and population served. As well as provide benchmarks for both self appraisal and peer evaluations.

This paper explores the importance of professionalism, ethical standards, professional conduct, and the importance of each in the health care system. These roles can have a positive or negative effect, or become determining factors for patients or individuals when choosing a health care facility. As the top administration of Well Care Hospital, it is my duty and role to ensure all staff members are conducting themselves in a professional and ethical manner, and following policy and procedures regarding patient’s and their medical information. The ramification or consequences I will implement if employees or staff members violate our professional code of conduct policy or security policy to prevent another security breach in the near future.

Several colleagues shared many major points since week one where we discussed multitasking where they expressed concerns about the abuse and the pressures of the job against teachers and state exams. Moreover, the importance of keeping up with ethical beliefs and the importance of being professional. Also, learned a great deal about the importance of manners, collaborators, communication, and possess of the love that they express for the educational system. Also became alarmed that individual teachers would release the test guidelines that dealt with the security of the examination materials and helping students outside the regulations.

The purpose of this memo is to analyze the ethics of a professional situation in which one party claims undue credit for a project. This case highlights the power of nonverbal communication; it also demonstrates potential hazards due to this power. In this example, David and Sheila are asked to prepare and present a project for an advertising campaign. David works hard to generate ideas but fails to ensure his contributions are recognized. Sheila neglects to communicate and collaborate with David, but later handles the presentation alone. Through her verbal and nonverbal communication, management assumes she is responsible for all of the ideas in the presentation. Sheila fails to correct their assumptions. This is where we begin our assessment of the ethics, dilemmas, and corrective actions that could have been taken.

Cable provider Adelphia was one of the major accounting scandals of the early 2000s that led to the creation of the Sarbanes-Oxley Act. A key provision of the Act was to create a stronger ethical climate in the auditing profession, a consequence of the apparent role that auditors played in some of the scandals. SOX mandated that auditors cannot audit the same companies for which they provide consulting services, as this link was perceived to result in audit teams being pressured to perform lax audits in order to secure more consulting business from the clients. There were other provisions in SOX that increased the regulatory burden on the auditing profession in response to lax auditing practices in scandals like Adelphia (McConnell & Banks, 2003). This paper will address the Adelphia scandal as it relates to the auditors, and the deontological ethics of the situation.

There were many issues in this case but one of the main issues that stood out was the fact that Andersen there was a conflict of interest because Andersen was the auditor and consultant for Enron. There are positive attributes when auditing and consulting at the same time for a client such as building a relationship with the client and promotes business; allows the auditor to become familiar with the clients’ business environment, and reduces the overall cost of the client. However, when a firm audits and consults for their client, the audit/consulting firm works so closely to the client that it makes ethical decisions very difficult to make and the auditors lose objectivity and become partial due to the conflict of interest.

SUMMARY: The scrutiny auditing has received post-Enron provides compelling evidence that auditing does matter, to answer the rhetorical question posed by the paper’s title. What is unclear, however, is whether auditing was sufficiently “broken” in the first place to warrant the radical reforms and changes effected by the Sarbanes-Oxley Act (SOX). Despite a relatively small number of high profile corporate failures and accounting scandals such as Enron and WorldCom, the number of demonstrated audit failures as evidenced by successful litigation or SEC

The lack of independence for external auditors will lead to the neglect of auditing risks (William R.K., 2003), which are the main reasons for the failure of certified accountants and professional accounting organizations. The consequence of the external auditors deprived of independence would be very serious. And there are many cases, which aroused by the failure of external auditors and most are related to the lack of independence. One famous example is the bankruptcy of Enron and the role played by its external auditor, Arthur Andersen (Todd, S., 2003). Arthur Andersen was once one of the biggest accounting companies in the world, and was canceled for the involvement in the Enron bankruptcy scandal.