Essay on Review of Accounting Ethics
Establishing principles for ethical behavior frequently starts with a policy on ethics. Businesses acquire a policy on ethics to guide their measures and to set up a general meaning of correct versus incorrect. According to the American Library Association, code of ethics is a handbook for suitable behavior (2012).
Given the corporate ethical breaches in recent times, assess whether or not you believe that the current business and regulatory environment is more conducive to ethical behavior. Provide support for your answer
Existing businesses and regulatory environment is more conductive behavior because some companies and managers feel as though they can get away with it. The unpredictable increase and …show more content…
As a CFO, recommend which measures could have been taken to prevent this ethical breach and how each measure should be implemented in the future.
For the worthy of the business, and for the worthy of anyone’s career, it is very significant to stay away from ethical problems and equally, to act morally (Smith, 2003). Mangers and/or supervisors should be a model to the actions they want their employees to obtain. The company’s staff will observe how the managers perform and they will perform the same exact manner. When corporations create a code of conduct, they need to make sure that they live up to