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400 words APA formatted references While codes of ethics may provide guidelines for employees, including accountants, these guidelines may not offer the methods to follow for moral reasoning when...

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400 words APA formatted references

While codes of ethics may provide guidelines for employees, including accountants, these guidelines may not offer the methods to follow for moral reasoning when confronted with ethical issues when performing accounting duties. Alternative models to assist accountants have evolved to assist them in making morally sound judgments.

  • Identify and analyze the different moral standards as used by each of the following moral reasoning models:
    • the utilitarian model
    • the rights model
    • the justice model
  • Select the one of these 3 recognized basic approaches for moral reasoning that you feel is most appropriate for accountants. Then, do the following:
    • Explain how the theory applies to accountants in the deployment of their duties.
    • Explain why you think the model you selected is most appropriate for accountants to stay within the realm of ethical behavior. Defend your position with specific examples of different situations that accountants may be faced with, and how your selected model will be appropriate to stay within the realm of ethical behavior in those situations.
  • Discuss the process that involves moral standards and the several-step process that you may utilize to make a decision that is morally ethical.
Answered Same Day Dec 22, 2021

Solution

David answered on Dec 22 2021
122 Votes
Utilitarian model is based on a theory in the normative ethics which holds that the
appropriate course of action can be defined the one that would maximize utility, primarily
defined as maximizing the happiness as well as reducing suffering (La
ai, 2007). Rights Model
can be considered an ethic model for the process of decision making which evaluates the
decisions as well as behaviors, by their compatibility of the fundamental rights such as the right
towards life, freedom, as well as the privacy of the person or various groups. According to rights
model, decisions as well as behaviors needs to respect 6 moral rights including Life and Safety,
Transparency, Information and other privacy, Conscious freedom, Expression Freedom as well
as private property (Social Contracts and Ethics, 2006). The Justice Model of ethics describes the
ethics as well as moral reasoning that are common to men. The ethics of justice model deals with
the moral choices...
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