intragroup Controls
ethics and internecine control ar closely intertwined; there croupe not be unity without the other and a business run smoothly. morals is generally defined as a system of moral standards or principles. When talking about organizational ethics, it involves each person having engross for both the business and their co- workplaceers at all times. Ethics argon included in all aras, from law to medical to accounting. Internal control most often can not work properly without ethics, while ethics helps operate the internal controls.
Ethics argon a very important part of internal controls; they be instilled in most everyone from birth. Always do the pay off thing, Dont take what is not yours, etc. are common sayings that are taught to us, so it is amazing how often good deal try to sneak and get away with things. Technology is so advanced in todays society that it is roughly impossible to elude police and investigations and NOT get caught if are guilty.
Then again, some people are continuing to mistake everyday and they may never get caught, besides are the risks cost it? People who do get caught go to prison or jail, sometimes for the rest of their life. Is $50,000 or even $100,000 worth that? Not to most people. In the case Michael W. Shell v. J.J.B. Hilliard, W.L. Lyons, Inc.
, the suspect (Hilliard) was proved to be guilty because they altered their code of ethics. Ethics are not laws, they are codes that are adopted by a company, but if not followed to the exact word, the company can be held responsible and ordered to pay money for damages, as in th
preceding case shows.
Another example of a case where ethics were broken is Kenneth Beal v. Nashville Electric Service. In this case, Beal was using his built up dotty days but was not actually sick. He was getting paid for his sick days, and was planning on quitting NES fairly soon after, but he was also selling real estate on these supposed sick days. Beal was not being ethical...If you want to get a full essay, order it on our website: Orderessay
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