ACCT3563 Lecture Notes - Lecture 10: Nuclear Weapon, Financial Statement, Marine Biology
Document Summary
This ethical system is based on natural reason and applies to everyone, no matter what their cultural or religious background is. The underlying assumptions are axiomatic - i. e. once they have been explained, people find them self-evidently true. To live a good life and thus to flourish, a person must acquire virtues. People are not born virtuous but they have built-in capacity to become virtuous. Whether they do so, depends on the formation of habits in acquiring the virtues and also in being taught them. 13 moral virtues but focus on 4 in this course: 5 main intellectual virtues but focus on prudence. And 3 minor intellectual virtues linked to prudence which are: You as an audit partner have to tell an important client that you are going to issue his company a qualified audit report. You faced losing a client as a result of taking a stand on an accounting issue. Makes no appeal to anything outside human life.
