I will discuss this topic how it relates to companies and individuals. I will use the four perspectives of ethics. The three parts will be ethics, accounting and decision making. The accounting industry is essential to any organization. In today’s world the accounting field has very high standards and high expectations. There are a number of accounting organizations who rate their members and help them to follow the ideal standards. People in today’s worlds need to have more confidence in accountants and people in the accounting industry. There have been a lot of reasons why people might not have as much confidence in them. (Jago)The individuals in the accounting industry should be well qualifies as well as have a high degree of professional reliability. A good reputation in this field is one of the most important qualities to have. Ethics in this industry is of the highest importance and also to those who rely on the service of an accountant. (Kinicki & Kreitner, Organizational Culture, Socialization, and Mentoring, 2013). Accountants are many times only thought of as individuals who do math. People forget that they also have to make decisions. Many time accountants are the ones who call the shots and they also have to think about how their decisions will affect others.
“Ethics is the rules and principles that are define right and wrong” (Hartman, DesJardins, & Chris, 2014)Ethics is also defined as “the set of the moral choices a person makes based on what he/she ought to do” (Hartman, DesJardins, & Chris, 2014). Ethics is based on what a person believes is wrong or right. There is more to ethics than knowing if something is good or bad, moral or immoral Ethics is sometimes thought of what puts a person’s values into action. For