1. C ENTURY 21 A CCOUNTING © South-Western, Cengage Learning C H A R A C T E R C O U N T S CHAPTER 3 Recognizing Ethical Dilemmas and Actions

2. C ENTURY 21 A CCOUNTING © South-Western, Cengage Learning Understanding Business Ethics 68 Research state and national organizations and laws that govern the accounting profession. 70 Identify desirable traits of professionals 71Identify ethical considerations related to technology Chapter 3 SLIDE 2 Identify characteristics of individuals who make good ethical decisions.

3. C ENTURY 21 A CCOUNTING © South-Western, Cengage Learning Chapter 3 SLIDE 3 Recognizing Ethical Dilemmas and Actions How often have you said something you later regretted? Chances are you spoke before you thought about how your words might affect others. Had you taken the time to think how your words would hurt someone else, you might have said something different or simply kept quiet.

4. C ENTURY 21 A CCOUNTING © South-Western, Cengage Learning Chapter 3 SLIDE 4 Recognizing Ethical Dilemmas and Actions The first step of the ethical model is to recognize you are facing an ethical dilemma. Few business decisions will require you to act immediately. Take whatever time is required to determine whether your actions could harm someone else. If you have any doubts that your action will violate your morals, stop to evaluate the decision, using the ethical model.

5. C ENTURY 21 A CCOUNTING © South-Western, Cengage Learning Chapter 3 SLIDE 5 Recognizing Ethical Dilemmas and Actions The second step of the ethical model is to identify the action taken or the proposed action. Write down every possible action you think of, even if the idea might seem outrageous at first. Seek the advice of others who may have encountered similar dilemmas or whom you admire for their ethical behavior. Many companies assign a mentor to new employees to encourage them to seek advice.

6. C ENTURY 21 A CCOUNTING © South-Western, Cengage Learning Chapter 3 SLIDE 6 Exit Ticket Chapter 3 Recognizing Ethical Dilemmas and Actions Instructions List characteristics of people who demonstrate good ethics and values. In private, write down the names of at least five individuals from whom you would feel comfortable seeking advice on ethical dilemmas. Answer the following in a Word Document, SaveAS: Chapter3EthicsYourName and drop a copy in my Inbox today!

7. C ENTURY 21 A CCOUNTING © South-Western, Cengage Learning Chapter 3 Assignments on Aplia Complete Chapter 3 Study Guide Complete Mastery Problem 3-6 Chapter 3 SLIDE 7