ACCY 225 Test Preparation

I - Integrity
O + I - Objectivity and Independence
C - Competence
QP - Quality Performance
PB - Professional Behaviour
R - Role, members have an important role in society

Stream of ethical thought driven by a focus on an end result (as opposed to means)

[Remember 'tele' is the END of your life]

1) Hedonistic -thought process whereby one makes a decision that will maximise individual utility

2) Utiliitarian - thought process whereby one makes decisions that will maximise the utility of the majority of people

Framework where ethical decisions based on the nature of the actions Rx, rather than focusing on the outcome of the actions. (means rather than ends)

Perspective that determines if an action is ethical based on the principles of reflexivity and unvieralisability.

The notion that determines an action's acceptability based on answering the question ifroles were reversed in a situation would I still find this course of action acceptable?

The ability to apply the same action to every situation that arises.

Refer ti the way a person thinks and acts upon an ethica issue

The extent to which a person believes their actions to be anonymous

The act of reporting unethical behaviour

1. Identify facts
2. Define issue(s)
3. Identify relevant principles
4. Identify possible courses of action and those effected
5. Compare steps 3 + 4
6. Select course of action
7. Implement course of action