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| == Definitions of ethics ==
| | (IAS). |
| #Moral principles.
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| #Principles which govern the conduct of any individual or corporate member of a professional organisation.
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| | | International Financial Reporting Standards. |
| == Characteristics of ethical issues ==
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| The Institute of Business Ethics (IBE) identifies the following characteristics, to help to determine whether a business issue is an ethical issue.
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| If one or more of these characteristics is present, it is likely to be an ethical issue:
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| * One individual's 'right' decision about the issue may not be the same as another's 'right' decision.
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| The issue:
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| * raises moral questions
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| * is not covered by law
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| * compromises personal or organisational values
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| * is against any code of ethics or code of practice
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| * involves personal duties and responsibilities or
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| * provokes the responses 'should I?' or 'ought I?'
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| == Tests of ethical behaviour ==
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| The IBE has identified a number of key tests to help to determine whether a course of action, or inaction, is ethical:
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| * Is the action legal, transparent and fair?
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| * Who will it affect?
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| * Who benefits?
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| == See also == | | == See also == |
| * [[ACT Competency Framework]] | | * [[Accounting standards]] |
| * [[ACT Ethical Code]] | | * [[IAS]] |
| * [[Business ethics]] | | * [[International Financial Reporting Standards]] |
| * [[Code of practice]] | | * [[Primary statements]] |
| * [[Corporate governance]]
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| * [[Corporate social responsibility]]
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| * [[Ethical business]]
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| * [[Agency risk]]
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| ==Other links==
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| [http://www.treasurers.org/node/9783 Does ethics matter? The Treasurer 2010]
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| [[Category:Self_management_and_accountability]]
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| [[Category:Ethics]]
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