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Why Is "Doing the Right Thing" Often Different Than "Doing

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Essay

Why is "doing the right thing" often different than "doing the legal thing"? Why might the distinction between what is moral and what is legal be of particular concern to accountants and other kinds of financial auditors and overseers?


Definitions:

Crisis Management Program

A structured approach to dealing with, preparing for, and mitigating any unexpected or dangerous situation that affects an organization, its stakeholders, or the general public.

Plan

A detailed proposal for doing or achieving something, typically involving the arrangement and coordination of activities and resources.

Anticipate

The act of expecting or predicting something to happen in the future and preparing for it.

Executive Reality Check

A process or moment where business leaders assess the truth of their company's situation, beyond biases or assumptions.

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