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Subject 1. Ethics PDF Download
Ethics is the study of moral principles used to make good choices.
- Ethical principles are beliefs regarding what is good, acceptable, or responsible behavior, and what is bad, unacceptable, or forbidden behavior. They provide guidance for our behavior.
- Ethical conduct is behavior that follows moral principles.
- Ethical actions are those actions that are perceived as beneficial and conform to the ethical expectations of society.
Ethics encompass a set of moral principles (code of ethics) and standards of conduct that provide guidance for our behavior. Violations can harm the community in a variety of ways.
Learning Outcome Statementsa. explain ethics;
CFA® 2021 Level I Curriculum, 2021, Volume 1, Reading 1
User Contributed Comments 5
|fanqc||principles -- behavior
conduct -- what principle should followed.
actions -- actions are conform to the ethical
|sumeetdave||IT SEEMS TO BE OKAY|
|nav3462||perceived : what is beleived
conform :comply with set of rules and regulations
|khalifa92||Code of ethics: general guide regarding proper conduct by members.
Standards: serve as benchmarks for the minimally accepted behavior required by members.
|Profhabib||Generally, Ethics are codes of conducts that guide us in our daily practice as professionals.|