The legal ethical and technological conerns paper essay

Legal, regulatory, and ethical issues of information systems in nursing Introduction Communication and information technologies ICT continuous developments that include ambient devices, internet and intelligent computer systems, have resulted in more practical use of these technologies in the fields of medical care provision and practice. This implication has led to new social impacts and concerns in terms of technology in medicine.

The legal ethical and technological conerns paper essay

Legal and Ethical Issues - Sample Essays

With time, it has become more complicated and detailed, but it is still a process of keeping financial accounts in order. Through accounting, or financial reporting, a system is set up to keep track of, maintain and audit the financial proceedings.

Because accounting and financial reporting of a business is so important for its accuracy and in general, a lot of ethical, technological and legal concerns are Involved.

In this paper, we will look identify and explore the concerns of each of these. What does It mean to be ethical? Regardless of where you are In the world, the word ethical has a salary meaning for all.

We are holding true to our moral principles, or the compass principles, and always striving to do the right thing by way we were raised, not everyone carries the same standard of ethics within them.

This is why each company develops a code of ethics by which they expect their employees to abide by and be in accordance with the rules and the code. Being that accounting and financial reporting deals with money, it is crucial for employees to be ethical and moral.

Anyone within the accounting profession might face ethical issue such as pressure from the management. Management might ask the accountant to falsify certain financial reporting, or hide certain numbers, for the sake of the company. Not reporting illegal actions and false reporting could create a lot of problems for the executives and the accounting that would be held Just as reliable as the management.

Clearly, ethical issues are the most important and extremely sensitive concerns within the accounting and financial reporting of a business. While there are many more concerns pertaining to ethics, these are some of the most important ones.

Second concern that is of huge importance is technological concern for the accounting and financial reporting. Security within the computerized program is limited and if the database system is poorly protected, it will leave room for unauthorized personnel to access the financial information that could potentially result in devastating results and loss of potential projects.

Furthermore, the constant changing technology and necessary training are also of a big concern. Computerized accounting system may become outdated over time.

Because of this, companies are always exposed to more costs and the cost of training of their employees. And lastly, one big concern that companies risk when it comes to technological concerns, is entering the information into the system incorrectly thus further causes confusing on all of the financial reports by the generated system.

Without a doubt, extreme caution is necessary when working with the technology systems and constant updates and training. The third concern of the accounting and financial reporting of business is legal concerns.

This concern is of the utmost importance because not only does it entail all legal issues, but also issues mentioned above because any concern can eventually lead to become a legal concern, especially those entailing ethics.

The most common type of fraud within businesses is accounting and financial reporting fraud. Securities and Exchange Commission SEC has made enormous efforts to establish laws and regulations by which accounting professionals and companies have to bide by to prevent fraudulent reporting and any sort of unethical activity.

A lot of investors were hurt and millions of dollars were lost. Because of the Enron scandal and few other similar ones, former President George W.

It will address the difference between the legal and ethical issues and the impact it has on the person suffering from the disease, their family and the role that the professionals have in decision making for the individual’s wellbeing. Introduction The current state of economy is greatly influenced by business performance. Financial institutions facilitate financial transactions and events in any economy. They act as intermediaries between the borrowers and the lenders of finance. They consist of both banking and non-banking institutions. The various. the legal ethical and technological conerns paper The Legal, Ethical, and Technological Concerns Paper For as long as businesses have existed, so has accounting. With time, it has become more complicated and detailed, but it is still a process of keeping financial accounts in order.

Bush signed the that conduct public company auditing. Attorneys, investment bankers, dealers, uncial analysts and brokers are affected as well.

The Serbians-Solely Act of now requires the New Public Company Accounting Oversight Board PEPCO to retain a seven year record, cooperate with CPA groups, complete annual inspection, investigations may be completed at any time, registration with the board is mandatory, certain sanctions for violations may be put into place, etc.

Research Paper: Ethical Issues in Information Technology, by Richard … | 6 Pages

Without a doubt, there are a lot of legal technicalities involved with accounting and financial reporting, too many to list. But each is appropriate and necessary to protect the companies, employees, investors, and everyone involved.

Now that all three major concerns of accounting and financial reporting have been identified and explored, it is easier to recognize the importance of each concern. Laws exist to protect every each and one of us whether we are the business owner, the investor or Just an employee within the accounting department.

Just like many other professions that are operating in the business world, accounting and accountancy is a public service that is obviously faced with ethical dilemmas. These dilemmas are often complicated and challenging to resolve.This paper will discuss the legal, ethical, and technological concerns of the accounting, and financial reporting of businesses.

A concern show more content Enron, a multinational company avoided showing their true financial statements for several years with the help of their auditor.

Through accounting, or financial reporting, a system is set up to keep track of, maintain and audit the financial proceedings.

Because accounting and financial reporting of a business is so important for its accuracy and in general, a lot of ethical, technological and legal concerns are involved.

In this paper, we will look identify and explore the concerns of each of these. What does it mean to be ethical? .

The legal ethical and technological conerns paper essay

Introduction The current state of economy is greatly influenced by business performance. Financial institutions facilitate financial transactions and events in any economy.

They act as intermediaries between the borrowers and the lenders of finance. They consist of both banking and non-banking institutions. The various. Ethical And Legal Issues In The Field – Essay.

Print Reference this. In terms of using specific cases to help resolve legal and ethical issues (“casuistry”), the authors point out that this is helpful in guiding nurses to reach a decision based on previous cases.

If .

References

the legal ethical and technological conerns paper Legal, Ethical, and Technological Concerns Paper For as long as businesses have existed, so has accounting. With time, it has become more complicated and detailed, but it is still a process of keeping financial accounts in order.

Essay on Information Technology and Ethical Challenges and Security. Words 6 Pages. privacy, (c) electronic monitoring, and (d) intellectual property of workforces. In this paper, this paper will address these Essay Ethical Challenges and Agency Issues.

The legal ethical and technological conerns paper Essay Essay - How-NowisSoon