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Module 1: Discussion Forum

Problem Statement / Requirements:

According to Klein (2016), using ethical absolutism and ethical relativism in ethical decision making can lead to different outcomes. How can moral reasoning about a specific situation differ based on relativism or absolutism? Can you provide an illustration or example of an accounting procedure/situation whose outcome may differ based on absolutism or relativism?  Is ethical relativism a more suitable standard within a global IFRS Environment? Why or why not?
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