Critical Thinking And Ethical Dilemmas Essay - 983 Words

Critical thinking is defined as fair, open-minded thinking that ask appropriate questions and considers all relevant information before reaching to a conclusion. AICPA recognises the importance of critical thinking and evaluates those skills on the CPA exam. Hence, in this chapter critical thinking is discussed in following ways: 1) Process of constructing an argument, 2) Two approaches to logical reasoning, 3) Mistakes in reasoning and 4) Critical thinking and ethical dilemmas. Practicing professionals often have to make recommendations to the firm or to the clients. To derive sound recommendation, it is important to construct an argument. Making an argument is a process which includes: 1) Identifying the key issues 2) Anticipate all sides to an argument 3) Research all sides to the argument, using authoritative sources 4) Weigh the evidence for all sides to the argument, and build support for your position 5) Identify and respond to counterarguments 6) Communicate your conclusions Next, critical thinking can also be thought of as an exercise of logic. This science of logic can be divided into inductive and deductive science of reasoning. Inductive reasoning is like a scientific method of research where first step is gathering evidence and then reaching a conclusion. Some of the variation of inductive reasoning includes making comparisons, analyzing causes, conducting surveys, referring to authoritative sources, and citing statistics. Next, deductive reasoning beginsShow MoreRelatedEthical Dilemma And Ethical Dilemmas1630 Words   |  7 Pagesan ethical dilemma, as well as describe stakeholder involvement and any policies and laws involved in this dilemma. According to Butts and Rich (2016), an ethical dilemma is defined as a complex situation in which a person must chose between two actions. Ethical dilemmas are predominant on a day to day basis in the nursing profession. When nurses face ethical dilemmas, often none of choices or options feel completely righ t therefore they are centered around moral importance, critical thinking, andRead MoreAnalysis of Leadership Ethics, by Lamar Odom 1176 Words   |  5 Pagesthe most appropriate decision when a leader experiences a complex ethical dilemma or situation (â€Å"Professor Odom’s Book Examines Ethics in Leadership†, n.d.). The author wrote the book in order to provide insight on ethical decision-making from a practical perspective. 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