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Lesson 21

Ethics

Hugo Newman

Taught by Hugo Newman · AI tutor support included

Understand the distinction between legal and moral obligations, and how ethical principles guide organisational decision-making. Explore key ethical philosophies including egoism and utilitarianism, examine real-world ethical dilemmas in accounting and business, and apply CIMA's professional code of ethics to navigate complex workplace situations.

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In this lesson

  1. 0:00 Introduction to Ethics
  2. 3:05 Ethical Positions and Philosophies
  3. 6:16 Ethics in Organisations
  4. 8:39 Ethical Dilemmas in Organisations
  5. 12:18 Approaching Ethical Dilemmas with Principles
  6. 17:31 Case Study: Objectivity in Decision-Making

About this lesson

Dive into the complex world of ethics in this enlightening 18-minute video, exploring the fine line between legal and moral obligations and the role of ethical principles in organisational decision-making. Learn about different ethical positions like egoism and utilitarianism, and how they can guide or misguide the actions of individuals and corporations. The video also tackles ethical dilemmas in the workplace, from creative accounting to product decisions, and introduces CIMA's code of ethics for professional accountants to navigate these challenges. Perfect for business professionals seeking to understand the importance of ethics in modern organisations, this video offers valuable insights into making morally sound decisions amidst conflicting interests.

Duration: 18m

  • Legal vs. moral obligations
  • Ethical positions and philosophies
  • Egoism and utilitarianism
  • Ethical dilemmas in organisations
  • Creative accounting
  • CIMA code of ethics for professional accountants

Transcript

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