Ethics and Related Issues

People from all walks of life face many ethical dilemmas. These dilemmas have consequences. Our worldview determines how we deal with these dilemmas, and guides us to the right decisions. In this essay, I will examine an ethical issues through my Christian worldview. I will also present other viewpoints, and compare them to mine.

Shadow charts were developed to gather data and information for additional departments and medical personnel that need access to part of a patient’s file or records. The original records should always remain in the patient’s primary chart allow copies may be available to ancillary departments that may need access to the information. The same level of confidentiality and security applies to the shadow charts. They must be in a secure location with access by authorized personnel only. Additional information that should be included in shadow charts is a formal recording process to document those who access the information. Furthermore, a consistent system of upgrading the

The two major ethical considerations that are important to address are 9.02 - Use of Assessments and 9.06 - Interpreting Assessment Results. 9.02 - Use of Assessments is particularly important because the psychologist must consider the individual’s language preference and competence. As was noted in the initial case description, Brandon’s parents are both Polish immigrants, and Brandon spoke Polish in home until he attended junior kindergarten. Although he may not have an accent, his language preference should be noted as English may not be the language he is more comfortable using. 9.06 - Interpreting Assessment Results should also be considered. Brandon’s test-taking abilities should be highlighted, as he is suspicious and ambivalent towards the psychological testing. These feelings may negatively affect his test scores, as he may try to either hide how he truly feels, or lie to make himself seem better or worse. It should also be noted that there could be other client characteristics that affect his scores as well, particularly cultural factors.

Rannazzisi, J. T. (2010). Role of Authorized Agents in Communicating Controlled Substance . Retrieved from http://www.gpo.gov/fdsys/pkg/FR-2010-10-06/html/2010-25136.htm

Is pleasing the customers, and telling them what they might want to hear, more important than being honest with them? When clients ask the company for reports, their main interest should be to get a thorough and comprehensive analysis. If they were only looking for a confirmation of what they wanted to hear, they should not need the research.

The dilemma/ethical issue that arises out of this case is in the hands of Jill Lassiter. She is the newly appointed executive director of a charity dedicated to helping single mothers called Good Works for Women. She must get the financial statements in order so that they satisfy Ms. Lyndelle Oakes, the organization’s largest donor. Jill must decide whether to restate her budget using faulty estimates or to be honest about the organization’s difficulties and face losing a crucial donation.

On 12/20/16, JLT issued a revised notice, noting our 30% share is $219,087. This notice is also flawed with JLT Re providing the incorrect outstanding loss and expense figures. This was further complicated by IAT, who posted the incorrect outstanding loss amount on their 12/14/16 claim financial sheet noting the outstanding loss reserve of $27.5 million. According to IAT’s 09/21/16 reinsurance report the outstanding loss reserve is $2,750,000 with a total incurred of

On 03/07/16 we received a broker invoice advising of an incurred increase in the amount of $1,180,064 (1,137,500 Loss & 42,564.14) along with a billing request for $1,269,607 (1,225,000 Loss & 44,606.94 in Lae). The only other information provided was Harco’s 03/03/16 loss report stating; no meritorious appellate issues, therefore the loss was settled for $5,000,000 with a supplemental payment of $112,000 for plaintiff’s taxable cost. Based on the limited information provided, an internet search was conducted finding that the case was tried with the plaintiff receiving a $6M verdict against the insured on 12/18/15. Based on the above, an inquiry was issued to Harco requesting details regarding their strategy to litigate this loss to a verdict with an explanation as to why the taxable cost of $112,000 was being ceded to reinsurers as an expense.

JLT Re’s reserve notice dated 12/20/16 notes Odyssey Reinsurance Company’s (Odyssey) 30% ceded share of this loss excess $1,000,000 is $219,087. However, my review of the cede’s, IAT / Harco National (IAT) supporting documentation notes a total incurred of $2,848,432.43, based on this information, Odyssey’s correct 30% share excess of $1,000,000 is $543,791.65 ($525,000 Loss & $18,791.65 pro rated expense). Please advise whether you’re in agreement with our calculations.

In my opinion Common Insurance Company breached the duty of good faith and fair dealing in the following ways:

Ernst & Whinney should have evaluated the reliability of the insurance restoration contracts since it was created internally by ZZZZ Best. Furthermore, the limited details in the contracts as noted in the ten red flags that ZZZZ Best’s auditors allegedly overlooked should have raised certain professional skepticism of the auditors. While performing analytical procedures on ZZZZ Best’s financial statement, its auditors failed to notice the substantial excess in its profit margin for restoration projects comparing to the rest of the industry. Physical examination, although a very reliable type of evidence for auditors, was unreliable in this case. Barry Minkow and his accomplices went to great length to cover up their fraud and successfully deceived their auditor. Moreover, the auditors did not have the authority to corroborate evidence with outside third-party due to the confidentiality agreement with ZZZZ Best.

The chief executive of the company was closely working with the vendors whose confirmations were vital in the auditing work and hence they could have submitted false confirmations. The auditing firm established a national risk management program for its clients and so national reviews were done to identify the high risk items in the financial statement. The vendor allowances were particularly high but they were not documented. As such, the auditors were supposed to demand for the documentations and compare them with the real figures. It is however noted that most of the documentations received were non-standard and this could have led to a different audit report given that vendor allowances were earlier identified as a high risk area. Inventory management was found to be poor especially in the allowances for inventory reserves. The audit firm was therefore obliged to carry out a thorough evaluation of the inventory reserves and determine whether it was reasonable. The valuation was also supposed to include all classes of inventory but for the case of the company, the evaluation excluded instances where no sales had been made. Hence, this evaluation could not accurately represent the position of the inventory reserve in the company. (Waters,2003)

Within healthcare, practitioners often have to make difficult decisions regarding the care of their patients. This could be to do with giving or withdrawing treatment, or as simple as sharing risk information (Glover, 1997). Ultimately, the practitioner must be able to rationalise any decision they have made (Morrison, 2009). With this in mind, the following assignment will draw upon an ethical dilemma and explore how theoretical perspectives can be utilised within the decision making process. Therefore it will also be pertinent to draw upon the law, and how this influences actions within health care. To facilitate this discussion, I will identify a scenario from practice that

One of the focal points in the argument for and against hydrofracking is the ethical concerns of the process. These ethical concerns can be broken down into a collection of other topics.

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.