Integrity, Confidentiality and Professional Behavior of...

Integrity According to The Institute of Internal Auditors (IIA), The integrity of internal auditors established trust and thus provides the basis for reliance on their judgement. IIA further added that to be integrity, internal auditors: * Shall perform their work with honestly, diligence, and responsibility. * Shall observe the law and make disclosures expected by the law and the profession. * Shall not knowingly be a party to any illegal activity, or engage in acts that are discreditable to the profession * Shall respect and contribute to the legitimate and ethical objectives of the organization. According to the 2009 Global Integrity Survey conducted by Compliance Week and Integrity Interactive, polled more than†¦show more content†¦Another issue is on whether or not internal auditors should whistleblow when they discover organizational wrongdoings. Internal auditors always face situations that involve conflict of interest while executing their dual-role duties (Armold amp; Ponemon, 1991; E.Z. Taylor amp; Curtis, 2010). The dual-role duties mentioned here are the role of internal auditors as employed by the organization, which subject to the needs and requirements of their employment, and the role as members of a professional body, they are required to adhere to the professions ethical requirements. Ahmad and Taylor support the view and assert that the role of internal auditors in providing auditing tasks for their organizational may cause ongoing conflicts. Zhang, Chiu and Wei (2009) argue that the disclosing insider information to outsiders breaches obligation to the organization, violates the written or unspoken contract, and elicits damaging publicity. However, ethically, internal whistleblowing, as opposed to external whistleblowing, is preferred. This is due to severe damage caused by external whistleblowing as compared to internal whistleblowing (Park amp; Blenkinsopp, 2009). In order to avoid the severe damages caused by whistleblowing, Vinten (1996) has suggested that an organization may minimizeShow MoreRelatedCreve Couer Pizza1889 Words   |  8 PagesCouer’s CPA. However, the professional standards set for accountants by the Institute of Management Accountants (IMA) and the AICPA share close similarities. Both organizations emphasize that accountants follow a code of ethics when performing their duties. The members must use these ethical principles when engaging in accounting services for their company and the general public. The organizations note the following ethical standards: competence, confidentiality, integrity and credibility. The ethicalRead MoreAuditors Independence1295 Words   |  6 PagesWHY IS AUDITO R INDEPENDENCE SO IMPORTANT? Auditing is the efficient critical examination done by one person or group of people’s independent from the system audited. To do an audit, confirmed information must be present and some standards by which the auditor can evaluate the information. Another is gathering and evaluating any information to determine whether the information being audited is identified in accordance with establish criteria to satisfy the purpose of the audit and also auditors mustRead MoreAcc/546 Week 1 Assignment1094 Words   |  5 PagesWhy is this step so important? Posted on wed 5/8/2013 Responded to one classmates on 5/08/2013 Auditing planning is important because it helps the auditor determine his/her approach to the audit. There are two considerations that affect the approach: 1). Sufficient appropriate evidence must be accumulated to meet the auditor’s professional responsibility and 2). The cost of accumulating the evidence should be minimized. Concern for sufficient appropriate evidence and cost necessitates planningRead MoreChief Audit Executive ( Cae )1528 Words   |  7 Pagesresponsibility for establishing, maintaining and managing a comprehensive, high performance and customer oriented internal audit program. Officer-In-Charge, Supervisor Assigned as the Officer-in-Charge of a Section with responsibility for the oversight of staff and all aspects of performance audits, including reviewing and approving completed audits; recommending and ensuring compliance with internal policies, standards, and procedures; assessing, developing and implementing training needs and programsRead MoreWhat Is Business Ethics? Essay1117 Words   |  5 Pageshas to be made with an informed awareness of the specific situation and then act according to some sort of system of principals, which is Business Ethics. What is Business Ethics? . Business ethics is a form of applied , and that knowethics or professional which analyse ethical principales and moral which means the ethical problem that arise in business environment. it is examining what is wrong and right. â€Å" Then doing the right thing, but the right thing is not as straightforward as explainedRead MoreProtection for Whistleblowers in Malaysia1694 Words   |  7 Pagesform of confidentiality of their information, immunity from civil and malefactor action and safeguard from detrimental action being taken against them. Whistleblower protection is one of the Malaysian Government’s efforts towards tackling corruption and promoting good governance under Regime Transformation Programme (GTP). The WPA is also a key legislative initiative to combat corruption by facilitating protected disclosures through immunity from civil and criminal actions, confidentiality of informationRead MoreThe Changing Role of Managerial Accounting in a Dynamic Business Environment1723 Words   |  7 PagesDescribe the roles of an organizations chief financial officer (CFO) or controller, treasurer, and internal auditor. 7. Briefly describe some of the major contemporary themes in managerial accounting. 8. Understand and explain the concepts of strategic cost management and the value chain. 9. Understand the ethical responsibilities of a managerial accountant. 10. Discuss the professional organizations, certification process, and ethical standards in the field of managerial accounting. ChapterRead MoreThe Rule Of Generally Accepted Auditing Standards911 Words   |  4 PagesThis paper examines one of the rule of Generally Accepted Auditing Standards (GAAS), independence and discuss the shortcomings in the GAAS. Independence can be effect by many different reasons. Auditors might face challenges in applying concepts and interpretations under circumstances where in conflict with the auditor’s relationship with the audit client. To improve audit quality and protect investors’ interest, PCAOB reviews the work of public accounting firms that do audits of more than 100 publicRead MoreAccounting Questions and Answers4013 Words   |  17 Pagesdecision makers inside the enterprise. LO 4 17 Plant managers are internal users of accounting information systems. A) True This is the correct answer. B) False Feedback: Internal users of accounting information systems include boards of directors, chief executive officers, business unit managers, plant managers, store managers, and line supervisors. LO 4 18 The management accounting information created and used primarily by internal users is intended above all for planning and control decisionsRead MoreZZZZ Best Company: How Does a Review Differ from an Audit?1392 Words   |  6 Pagesthat a review does not offer the level of assurance that an audit does, auditors do not look at as much evidence for a review as they would for an audit, and reviews cost less than an audit. SAS No106, â€Å"Audit Evidence†, identifies the principal â€Å"management assertions† that underlie a set of financial statements. The occurrence assertion was particularly critical for ZZZZ Best’s insurance restoration contracts. ZZZZ Best’s auditors obtained third party confirmations to support the contracts, reviewed

Immigration And The United States - 1106 Words

In the late nineteenth century, the United States was relatively divided on the topic of immigration. A nation, which was essentially built by the work and concepts of immigrants themselves, was ready to close their doors to similar individuals looking for the same opportunity. While there was not a defined group of Americans in complete favor for new immigrants, there was a clear divide between those who were downright opposed and those open to compromise. Citizens opposing immigration backed up their arguments by presenting scientific information, which in most cases was invalid. On the other side of the debate, those in favor of immigrations presented some conditions. They were willing to accept new citizens but only under the condition that they were willing to â€Å"Americanize† or assimilate to the country’s culture. This Americanization was counterproductive to the creation of a nation built on the idea of a â€Å"melting pot†. While the American po pulation had differing viewpoints on the immigration debate, the general consensus was to keep immigrants out of the States. Americans in favor of immigration appeared to require some compromise from the new immigrants. The new immigrants were welcomed to the United States, under the condition that they were willing to leave some of their culture behind and conform to the culture of their new country. Regardless of this condition, these individuals were overall much more willing to welcome the new immigrants into theShow MoreRelatedImmigration And The United States986 Words   |  4 PagesImmigration in the United States continues to increase rapidly year by year. According to an analysis of monthly Census Bureau data by the Center for Immigration Studies, the immigration population in the United States, both legal and illegal, hit a record of 42.1 million in the second quarter of this year, an increase of 1.7 million since the same quarter of 2014 (CIS.org). Clearly, Immigrants make up a large part of the population in the United States, and for most immigrants, migrating to theRead MoreImmigration Of The United States1399 Words   |  6 Pages Michelle Faed English 126 Immigration in the United States The United States of America, being a country established by immigrants, is known all over the world as the land of great opportunities. People from all walks of life travelled across the globe, taking a chance to find a better life for them and their family. Over the years, the population of immigrants has grown immensely, resulting in the currently controversial issue of illegal immigration. Illegal immigrants are the people whoRead MoreImmigration And The United States965 Words   |  4 Pages Immigration is a highly controversial and big problem in the United States today. â€Å"While some characterize our immigration crisis as solely an issue of the 11 to 12 million unauthorized immigrants living in this country, our problems extend beyond the number of undocumented people to a broader range of issues. The lack of a comprehensive federal solution has created a slew of lopsided, enforcement-only initiatives that have cost the country billions of dollars while failing to end un authorizedRead MoreImmigration On The United States1302 Words   |  6 PagesImmigration Rights in the U.S. Immigration has occurred in the U.S. for for many years. Some say it’s the foundation of our country. America is the country where people leave their own country to live. People would leave due to mistreatment, hunger issues or job opportunities. America is known for starting over or accomplishing dreams, so immigrants travel over to follow those dreams. People emigrate from one country to another for a variety of complex reasons. Some are forced to move, due to conflictRead MoreThe Immigration Of The United States1711 Words   |  7 PagesThe vast majority of people living in the United States are descendants of immigrants, and yet majority of them are against them. It is quickly forgotten that America was built on immigrants that wanted a new life. A life free from harsh government, and the freedom from forced religion. The original settlers were immigrants that stole this land; immigrants continued to come for years. It is not a newly constructed concept that immigrants have always been a problem, ask any Native American. One usedRead MoreImmigration Of The United States1064 Words   |  5 Pages Camarota (2007, p.1), director of the Immigration Studies Center, reports there are 1.6 million documented and undocumented migrants take up residence in the United States every year. Camarota goes on to say that the immigrants occupy one-eighth of the total population who settled in the U.S. The flood of aliens, to a significant degree, hinders the development of the United States. Therefore, the issues which relate to immigration must not be neglected, and the government should keep the numberRead MoreImmigration And The United States Essay1377 Words   |  6 Pages Immigration has been a large conversation topic for such a long time in our country. We have worked on policies for immigration, and have made changes to them throughout the duration of our country’s existence. This topic is always worth mentioning and important, but has become a bigger topic once again due to presidential elections and the conversations being had about immigration from said elections. It is not necessarily easily seen if the concern with immigration is who is here legally or limitingRead MoreImmigration Of The United States1565 Words   |  7 PagesA native of Mexico, Gonzalez came to the United States using a visa, to visit family members and in 1994, police convicted Gonzalez of the abduction and rape of a Waukegan, Illinois woman. During his conviction his attorney, Vanessa Potkin, addressed that at twenty years old, Gonzalez spoke very little English, had no criminal record, and yet the police wanted to pin the crime on him. Twenty years later, DNA from the crime cleared him of both charges, and Gonzalez is now threatened with deportationRead MoreImmigration : The United States1087 Words   |  5 PagesThe United States is a popular and powerful which many people admire. It is very true that the country prospect and is more enrich. O pening the border might improve the economy or can impact the job market for American citizens. It is the jobs of American citizens to be given more to this illegal immigrant. I believe the U.S. borders should remain closed. While it is clear that opening the borders can have benefits, I believe it is more important to keep jobs available for Americans. In my opinionRead MoreThe Immigration Of The United States1632 Words   |  7 PagesFrench and European to settle in the New World. Since the colonial era, America has seen a wave of immigrants migrate in search of freedom and equality. Is this the same immigration today? Nearly 11.6 million immigrants from Mexico reside in the U.S. Today Immigration has a significant impact on many aspects of life in the United States, from the workforce and the classroom to communities across the country. Not all immigrants come to America legally whether as naturalized citizens, legal permanent residents

Ben and Jerry Free Essays

Ben and Jerry’s ice-cream company is well known for its sales in the USA, Europe, and Asia. They are a very well established, successful, global operation. Since 2000, the company has continually improved their ice-cream brands. We will write a custom essay sample on Ben and Jerry or any similar topic only for you Order Now They sell its named ice-cream and frozen yogurt under brand names such as Chunky Monkey and Cherry Garcia. Chunky Monkey is banana ice-cream with fudge chunks and walnuts. In 2009, Chunky Monkey was named among the top ten best ice-cream flavors in London. Philanthropy is also a strength of Ben and Jerry’s ice-cream. The Company contributed $1,206,412 to the Ben Jerry’s Foundation in 2002, as compared to $1,178,423 in 2001. Ben and Jerry’s divide the philanthropic pool of funds between the Foundation, Corporate Philanthropy, and employee Community Action Teams (CATs). The company sponsors many PartnerShops. Partnershops are Ben and Jerry’s scoop shop outlets which are independently owned and operated by nonprofit organizations. The organizations they partner with, work with youth that encounter barriers to employment. They use the scoop shops as a place to carryout hands-on job training. Ben and Jerry’s waive the franchise fee and provide additional financial support to their partners. They have more than 750 Scoop Shops worldwide. The company is involved in global warming campaigns. Ben and Jerry’s commitment is to reduce the company’s carbon dioxide emissions by 10 percent. On many levels, their employees are directly involved to help make this commitment happen. After twenty-five years of independent operation, Ben and Jerry’s were bought out by Unilever, the Anglo-Dutch multinational consumer products firm for $325 million. Under the deal, Unilever gave Ben and Jerry’s shareholders $43. 60 per share. Through it all, Ben and Jerry’s were able to retain their social responsibility stand. They were able to keep the co-founders involved with product development. Ben and Jerry’s brands complemented Unilever’s ice-cream brands. In the past, Ben and Jerry’s have lacked professionalism from their upper management. In 2006, the company’s former CFO, Stuart Wiles, was found guilty of embezzling some $300,000 from the company during his tenure which ran from 2000 to 2004. He spent the money on car repairs, gifts, vacations, entertainment, clothing – and even a $58,000 addition to his home. He was sentenced to twenty-seven months in prison. Also, in 2006, they had to stop using Michael Foods as their egg supplier. An animal welfare campaign pressured Ben and Jerry’s to dump the egg producer accused of mistreating its chickens. An undercover video, showed dead and dying chickens stuck in their cages. Ben and Jerry’s bought about two million pounds of eggs per year from the supplier. Despite several corporate weaknesses, the company achieved success. In 1994, Ben and Jerry’s reinvested large amounts of money into property and equipment. By purchasing the property and equipment, they increased their long-term debts by almost 45 percent. They also increased their marketing and selling expenses. They thought it would be best to take out an immense amount of capital lease to automate production. They saw the need to do this so they could keep up with the intense competition. In today’s health conscious society, Ben and Jerry’s have introduced more fat-free and healthy alternative ice-cream and frozen yogurt products. These low-fat, no-fat products still contain the creamy richness and unbeatable quality, but only have three grams of fat per serving. Ben and Jerry’s also provide allergen free food items, such as gluten free and peanut free. In 2008, Ben and Jerry’s acquired Best Foods and Slim-fast. Slim-fast happens to be one of Unilever’s top-performers allowing them to enter a new industry of weight loss products. In turn, Unilever can now expand into more countries like Europe, where weight loss management is taking hold. In 2009, Ben and Jerry’s announced plans to introduce the country’s first HFC-free freezer. These freezers do not emit harmful chemicals into the atmosphere. Most freezers in the U. S. use hydro fluorocarbon gases to generate cooling. These HFC’s have a significant downside. HFCs are among a group of refrigerants, known as â€Å"F-gases†, highly potent greenhouse gases. The most commonly used HFC has a global warming potential (GWP) of 3,200. This means that a ton of this gas in the atmosphere has the same global warming effect as 3,200 tons of carbon dioxide. Over time, all those leaking freezers can make a significant contribution to the problems of global warming. How to cite Ben and Jerry, Papers

Ben and Jerry Free Essays

Ben and Jerry’s ice-cream company is well known for its sales in the USA, Europe, and Asia. They are a very well established, successful, global operation. Since 2000, the company has continually improved their ice-cream brands. We will write a custom essay sample on Ben and Jerry or any similar topic only for you Order Now They sell its named ice-cream and frozen yogurt under brand names such as Chunky Monkey and Cherry Garcia. Chunky Monkey is banana ice-cream with fudge chunks and walnuts. In 2009, Chunky Monkey was named among the top ten best ice-cream flavors in London. Philanthropy is also a strength of Ben and Jerry’s ice-cream. The Company contributed $1,206,412 to the Ben Jerry’s Foundation in 2002, as compared to $1,178,423 in 2001. Ben and Jerry’s divide the philanthropic pool of funds between the Foundation, Corporate Philanthropy, and employee Community Action Teams (CATs). The company sponsors many PartnerShops. Partnershops are Ben and Jerry’s scoop shop outlets which are independently owned and operated by nonprofit organizations. The organizations they partner with, work with youth that encounter barriers to employment. They use the scoop shops as a place to carryout hands-on job training. Ben and Jerry’s waive the franchise fee and provide additional financial support to their partners. They have more than 750 Scoop Shops worldwide. The company is involved in global warming campaigns. Ben and Jerry’s commitment is to reduce the company’s carbon dioxide emissions by 10 percent. On many levels, their employees are directly involved to help make this commitment happen. After twenty-five years of independent operation, Ben and Jerry’s were bought out by Unilever, the Anglo-Dutch multinational consumer products firm for $325 million. Under the deal, Unilever gave Ben and Jerry’s shareholders $43. 60 per share. Through it all, Ben and Jerry’s were able to retain their social responsibility stand. They were able to keep the co-founders involved with product development. Ben and Jerry’s brands complemented Unilever’s ice-cream brands. In the past, Ben and Jerry’s have lacked professionalism from their upper management. In 2006, the company’s former CFO, Stuart Wiles, was found guilty of embezzling some $300,000 from the company during his tenure which ran from 2000 to 2004. He spent the money on car repairs, gifts, vacations, entertainment, clothing – and even a $58,000 addition to his home. He was sentenced to twenty-seven months in prison. Also, in 2006, they had to stop using Michael Foods as their egg supplier. An animal welfare campaign pressured Ben and Jerry’s to dump the egg producer accused of mistreating its chickens. An undercover video, showed dead and dying chickens stuck in their cages. Ben and Jerry’s bought about two million pounds of eggs per year from the supplier. Despite several corporate weaknesses, the company achieved success. In 1994, Ben and Jerry’s reinvested large amounts of money into property and equipment. By purchasing the property and equipment, they increased their long-term debts by almost 45 percent. They also increased their marketing and selling expenses. They thought it would be best to take out an immense amount of capital lease to automate production. They saw the need to do this so they could keep up with the intense competition. In today’s health conscious society, Ben and Jerry’s have introduced more fat-free and healthy alternative ice-cream and frozen yogurt products. These low-fat, no-fat products still contain the creamy richness and unbeatable quality, but only have three grams of fat per serving. Ben and Jerry’s also provide allergen free food items, such as gluten free and peanut free. In 2008, Ben and Jerry’s acquired Best Foods and Slim-fast. Slim-fast happens to be one of Unilever’s top-performers allowing them to enter a new industry of weight loss products. In turn, Unilever can now expand into more countries like Europe, where weight loss management is taking hold. In 2009, Ben and Jerry’s announced plans to introduce the country’s first HFC-free freezer. These freezers do not emit harmful chemicals into the atmosphere. Most freezers in the U. S. use hydro fluorocarbon gases to generate cooling. These HFC’s have a significant downside. HFCs are among a group of refrigerants, known as â€Å"F-gases†, highly potent greenhouse gases. The most commonly used HFC has a global warming potential (GWP) of 3,200. This means that a ton of this gas in the atmosphere has the same global warming effect as 3,200 tons of carbon dioxide. Over time, all those leaking freezers can make a significant contribution to the problems of global warming. How to cite Ben and Jerry, Papers