What are the advantages of a company having a formal code


Assignment: Internal Controls And Ethics

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This assignment has 3 parts:

Ethical behavior is important to the accounting profession as well as the general business environment. Most companies have code of conduct policies and ethical training to ensure all employees understand the company's behavior expectations and responsibilities.

1. What are the advantages and disadvantages of a company having a formal code of conduct that employees are obligated to follow?

2. What are your thoughts about whether employees should have to participate in mandatory ethical trainings each year?

3. How might having a code of conduct help an employee make decisions when faced with an ethical situation?

Format your assignment according to the following formatting requirements:

1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

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Business Management: What are the advantages of a company having a formal code
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