Question

In: Accounting

Which core behavior within the Code of Ethics do you personally think would be most challenging?...

Which core behavior within the Code of Ethics do you personally think would be most challenging? Why?

Solutions

Expert Solution

There are basically 5 core behavior within the Code of Ethics. They are :

  • Integrity
  • Objectivity
  • Professional Competence
  • Confidentiality
  • Professional Behaviour

Among all these five Code of Ethics, the one which according to me is the most challenging is "Integrity".

Integrity refers to being truthful and straightforward towards one's profession. It is important and most challenging than any other core behavior.

To follow any profession, it is important to be true towards it and do what is thought to be ethical for that profession. For any person, it can turn out to be difficult to follow , as there are many obstacles that will make a person attract and do the activities which are against the code of ethics.

For the start, any individual may find it easy, but later on it may lead to huge problems. So this "Integrity " is thought to be most challenging.

Also for any profession it is most important as it prepares the base for an individual's behavior towards his work. Doing activities which are unethical, can lead to creating problem for that individual. Like if we take an example of an auditor, he is pressurized by his manager to show false profit for a client for which he will be given rewards. This would be an unethical activity and if the auditir follows the core behavior of integrity he would never indulge in any such activity after being lured by the manager.

So, here we saw that how challenging integrity may be at situations which accurately defines the behavior of the individual towards one's profession. This integrity self prepares the base for all other core behavior, like objectivity, professional competence, confidentiality and the professional behavior.

Therefore, the most challenging is the "integrity" core behavior.


Related Solutions

Which core behavior within the Code of Ethics do you personally think would be most challenging?...
Which core behavior within the Code of Ethics do you personally think would be most challenging? Why?
Which scope (horizontal or vertical) of mergers and acquisitions do you think is the most challenging?...
Which scope (horizontal or vertical) of mergers and acquisitions do you think is the most challenging? Please support your answer by factual evidence, showing at least two convincing arguments in support of the author’s explanation of why one type of merger is more challenging than another?
Which of Erikson’s Stages of Psychosocial Development do you think is the most challenging for individuals...
Which of Erikson’s Stages of Psychosocial Development do you think is the most challenging for individuals to overcome? Why?
What do you think is the most important principle in IPPF's Code of Ethics? Why? -...
What do you think is the most important principle in IPPF's Code of Ethics? Why? - Why does Internal Audit Activity needs to document purpose, authority, and responsibility?
What do you think are the most challenging aspects of generational differences in training?
What do you think are the most challenging aspects of generational differences in training?
Which do you think would result in an immediate response (within seconds or minutes) and which...
Which do you think would result in an immediate response (within seconds or minutes) and which would take time (several minutes or hours to work? (1-6) alter effective activity (7-10) changes enzyme activity 1. extracellular signal          2. transcription factors 3.mRNA degradation 4. mRNA translation on ribosome 5. protein degradation 6. enzyme in subcellular organelle 7. enzyme binds to substrate 8. enzyme binds ligand (allosteric effector) 9 enzyme undergoes phosphorylation/dephosphorylation 10. enzyme combines with regulatory proteins
Do you think that business ethics is an oxymoron? Or do you think that ethics has...
Do you think that business ethics is an oxymoron? Or do you think that ethics has an important role in business? Whichever stance your take, briefly explain the statements “business ethics is an oxymoron” and “ethics has an important role in business”. And then come up with two examples to support one of the two statements. You may make reference to Friedman, Sen, Frank, etc., provide examples. Write in an essay format
Describe three different ways in which managers determine cost behavior, which do you think is most...
Describe three different ways in which managers determine cost behavior, which do you think is most accurate? How can you visualize cost behavior and why is this important?
Describe three different ways in which managers determine cost behavior, which do you think is most...
Describe three different ways in which managers determine cost behavior, which do you think is most accurate? How can you visualize cost behavior and why is this important?
Describe three different ways in which managers determine cost behavior, which do you think is most...
Describe three different ways in which managers determine cost behavior, which do you think is most accurate? How can you visualize cost behavior and why is this important?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT