Podcast Beta
Questions and Answers
What are the five basic principles important for the accountancy profession?
Integrity, Objectivity, Professional Competence and Due Care, Confidentiality, Professional Behavior
What are some common ethical rules that apply to all technologies? Choose the correct options. (Select all that apply)
Accountability and trust are important in using emerging technologies.
True
______ is the protection of personally or business identifiable information collected through information collection activities.
Signup and view all the answers
Match the ethical principles with their descriptions:
Signup and view all the answers
What are the five basic principles that the accountancy profession is based on?
Signup and view all the answers
Which of the following are common ethical rules that must be applied in all technologies? (Select all that apply)
Signup and view all the answers
Emerging technologies raise new challenges for the profession to address?
Signup and view all the answers
Match the following digital privacy categories with their definitions:
Signup and view all the answers
Study Notes
Technology and Ethics
- The internet boom has both benefits (new tools and interactions) and negative aspects (concerns about privacy, spam, and viruses)
- Technology can promote or restrict human rights, and its use should aim to maximize benefits and minimize harms
General Ethical Principles
- Ethics is important for the accountancy profession based on five basic principles:
- Integrity: upholding the highest standards of moral and ethical conduct
- Objectivity: maintaining a neutral and unbiased approach
- Professional Competence and Due Care: possessing necessary knowledge, skills, and experience
- Confidentiality: maintaining the confidentiality of client information
- Professional Behavior: adhering to the code of ethics established by the professional accounting body
New Ethical Questions
- The increasing use of big data and AI raises questions around discriminatory outcomes and the need for human involvement for accountability
- Ethics of technology tends to arrive late, often after problems arise during widespread use
- Ethical theories and approaches aim to integrate ethics into the technology life cycle, but face the challenge of unpredictable future outcomes
Professional Responsibilities
- Ethical principles related to professional responsibilities include:
- Maintaining high standards of professional competence, conduct, and ethical practice
- Accessing computing and communication resources only when authorized by the public good
- Striving for high quality in processes and products
- Knowing and respecting existing rules and providing professional review
Professional Leadership Principles
- Ethical principles related to professional leadership include:
- Managing personnel and resources to enhance working life
- Ensuring the public good is the central concern
- Creating opportunities for professional growth
- Using care when modifying or retiring systems
- Recognizing and taking care of systems integrated into the infrastructure of society
Digital Privacy
- Digital Privacy encompasses three sub-categories:
- Information Privacy: the freedom to determine how digital information is collected and used
- Communication Privacy: the freedom to communicate digitally with secure and private interactions
- Individual Privacy: the right to exist freely on the internet, choosing what information to be exposed to
Accountability and Trust
- Accountability and trust are crucial in using emerging technologies, which can bring new risks and require understanding and mitigation to build confidence
Threats and Challenges
- Ethical and regulatory challenges include:
- Counter-terrorism and law enforcement informatics via predictive analytics and AI
- Real-time horizon scanning and data mining for threats and information sharing
- Automated cyber-security and information assurance
- Robotic policing and enhanced surveillance
- Challenges in using Artificial Intelligence include:
- Data quality and potential job replacement
- Ensuring AI is used to benefit humanity
- Challenges in using Robotics in manufacturing include:
- Job replacement and automation of complex jobs
- Cybersecurity concerns and potential for greater productivity
- Challenges in using the Internet of Things include:
- Security implications of mass connectivity and data generation
- Planning for customer-facing applications and data utilization
- Challenges in using Big Data include:
- Providing insights into customers and business operations
- Surfacing data to humans in a comprehensible way
Technology and Ethics
- The internet boom has both benefits (new tools and interactions) and negative aspects (concerns about privacy, spam, and viruses)
- Technology can promote or restrict human rights, and its use should aim to maximize benefits and minimize harms
General Ethical Principles
- Ethics is important for the accountancy profession based on five basic principles:
- Integrity: upholding the highest standards of moral and ethical conduct
- Objectivity: maintaining a neutral and unbiased approach
- Professional Competence and Due Care: possessing necessary knowledge, skills, and experience
- Confidentiality: maintaining the confidentiality of client information
- Professional Behavior: adhering to the code of ethics established by the professional accounting body
New Ethical Questions
- The increasing use of big data and AI raises questions around discriminatory outcomes and the need for human involvement for accountability
- Ethics of technology tends to arrive late, often after problems arise during widespread use
- Ethical theories and approaches aim to integrate ethics into the technology life cycle, but face the challenge of unpredictable future outcomes
Professional Responsibilities
- Ethical principles related to professional responsibilities include:
- Maintaining high standards of professional competence, conduct, and ethical practice
- Accessing computing and communication resources only when authorized by the public good
- Striving for high quality in processes and products
- Knowing and respecting existing rules and providing professional review
Professional Leadership Principles
- Ethical principles related to professional leadership include:
- Managing personnel and resources to enhance working life
- Ensuring the public good is the central concern
- Creating opportunities for professional growth
- Using care when modifying or retiring systems
- Recognizing and taking care of systems integrated into the infrastructure of society
Digital Privacy
- Digital Privacy encompasses three sub-categories:
- Information Privacy: the freedom to determine how digital information is collected and used
- Communication Privacy: the freedom to communicate digitally with secure and private interactions
- Individual Privacy: the right to exist freely on the internet, choosing what information to be exposed to
Accountability and Trust
- Accountability and trust are crucial in using emerging technologies, which can bring new risks and require understanding and mitigation to build confidence
Threats and Challenges
- Ethical and regulatory challenges include:
- Counter-terrorism and law enforcement informatics via predictive analytics and AI
- Real-time horizon scanning and data mining for threats and information sharing
- Automated cyber-security and information assurance
- Robotic policing and enhanced surveillance
- Challenges in using Artificial Intelligence include:
- Data quality and potential job replacement
- Ensuring AI is used to benefit humanity
- Challenges in using Robotics in manufacturing include:
- Job replacement and automation of complex jobs
- Cybersecurity concerns and potential for greater productivity
- Challenges in using the Internet of Things include:
- Security implications of mass connectivity and data generation
- Planning for customer-facing applications and data utilization
- Challenges in using Big Data include:
- Providing insights into customers and business operations
- Surfacing data to humans in a comprehensible way
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
This quiz covers the ethics and professionalism aspects of emerging technologies, including technology and ethics, new ethical questions, digital privacy, and professional responsibilities.
