What are the 5 codes of ethics?
What are the 5 codes of ethics?
What are the five codes of ethics?
- Integrity.
- Objectivity.
- Professional competence.
- Confidentiality.
- Professional behavior.
What are the 4 codes of ethics?
The four Principles of Ethics form the underlying philosophical basis for the Code of Ethics and are reflected in the following areas: (I) responsibility to persons served professionally and to research participants, both human and animal; (II) responsibility for one’s professional competence; (III) responsibility to …
What is the Companies Act No 71 of 2008?
The Companies Act 71 of 2008 aims: to provide for the incorporation, registration, organisation and management of companies, the capitalisation of profit companies, and the registration of offices of foreign companies carrying on business within the Republic; to repeal the Companies Act, 1973 (Act No.
What are the three codes of ethics?
An ethical code generally implies documents at three levels: codes of business ethics, codes of conduct for employees, and codes of professional practice.
Which is the latest company act?
The Companies Act, 2013 passed by the Parliament has received the assent of the President of India on 29th August, 2013.
Which companies does the Companies Act apply to?
The Companies Act, 2008 provides for two categories of companies, namely non-profit and profit companies. Non-profit companies take the place of companies limited by guarantee and section 21 companies.
What are the 10 ethical principles?
of principles incorporate the characteristics and values that most people associate with ethical behavior.
- HONESTY.
- INTEGRITY.
- PROMISE-KEEPING & TRUSTWORTHINESS.
- LOYALTY.
- FAIRNESS.
- CONCERN FOR OTHERS.
- RESPECT FOR OTHERS.
- LAW ABIDING.
What are the types of ethical issues?
Ethical Issues in Business
- Harassment and Discrimination in the Workplace.
- Health and Safety in the Workplace.
- Whistleblowing or Social Media Rants.
- Ethics in Accounting Practices.
- Nondisclosure and Corporate Espionage.
- Technology and Privacy Practices.
Why there is minimum 7 members in public company?
Under the Act it is said for One Person Company, need One Resident Individual only, while for private limited company minimum Two & maximum 200 members require. For public company minimum 7 members, while no upper limit is there. Hence there is minimum 7 members in each public companies in India.
What are the legal requirements as per Companies Act, 2013?
Following is a list of all such required compliances under Companies Act, 2013:
- Verification of Registered Office.
- Display company information.
- First Board Meeting.
- Appointment of auditor.
- Share Certificate Issuance.
- Disclosure of interest by Directors.
- Maintenance of Minutes.
- Maintenance of Statutory Registers.
Why do companies need public companies to be audited?
For the purposes of determining the financial reporting standards applicable to a company, whether certain categories of companies will be required to be audited or independently reviewed and whether such companies are required to appoint a social and ethics committee, the Regulations require every company to calculate …