Unethical Practices and Behavior in Accounting Name Institution Course Tutor Date Unethical Practices and Behavior in Accounting The Sarbanes-Oxley (SOX) Act of 2002 was passed by the congress to protect investors from fraudulent accounting activities by organizations (Hart, 2009). Investors depend on the information that they receive from accountants to make investment decisions and hence if incorrect information is provided, the investors make inaccurate decisions, which could be costly
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Running head: IMPACT OF UNETHICAL BEHAVIOR Impact of Unethical Behavior Article Analysis IMPACT OF UNETHICAL BEHAVIOR Impact of Unethical Behavoir The impact of unethical behavior in accounting can be tremendous. When people think of unethical behavior in the workplace whether it be accounting or any other division people often think of using the company phone for personal phone calls, or using the work computer to look at something like facebook or even to shop or something along
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Unethical Practices and Behavior in Accounting Name Institution Course Tutor Date Unethical Practices and Behavior in Accounting The Sarbanes-Oxley (SOX) Act of 2002 was passed by the congress to protect investors from fraudulent accounting activities by organizations (Hart, 2009). Investors depend on the information that they receive from accountants to make investment decisions and hence if incorrect information is provided, the investors make inaccurate decisions, which could be costly
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Organizational Ethics Ethics is the moral standard of right and wrong behavior (Lussier, 2013, pg. 72). Organization as defined by Lussier is “a group of people working to achieve one or more objectives” (Lussier, 2013, pg. 457). Organizational ethics is code of conduct for businesses. In this paper, three different ethics studies, from the Business Journal of Ethics, are examined. They are “Boardroom Diversity and its Effect on Social Performance: Conceptualization and Empirical Evidence,” “The
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Effect of Unethical Behavior Article Analysis Terra Postelle ACC/291 January 08, 2013 Bennie Clark Effect of Unethical Behavior Article Analysis The effects of the Sarbanes-Oxley Act of 2002 on financial statements are general guidelines as to how the information is gathered, calculated and presented to clients while enforcing their accuracy and legitimacy. Companies such as Enron, Tyco, Global Crossing, and WorldCom are just a few examples of corrupt business cultures, practices, and greed
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Effect of Unethical Behavior Article Analysis Potential acts leading to unethical practices and behavioral in accounting are evident. These acts are in violation of the Sarbares Oxley Act of 2002 (SOX). The Sarbanes Oxley Law was approved as a consequence of lots of corporate scams, this corporates intend to provide fake statements for potential investors, Recent articles write and posted on numerous websites are reviewing how to identify potential factors leading to unethical behavior or practices
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Effect of Unethical Behavior ACC/291 September 2, 2012 Effect of Unethical Behavior A quote from Ray Beier, a partner of PricewaterhouseCoopers, puts the idea of ethical behavior and its effect on financial statements into perspective. He states, “From the corporate scandals, we now realize that accounting was too rules-based, where it needs to be more principles-or objectives-based” (Bisoux, 2005, p. 24). Corporations had been so concerned with financial gain that the idea that there was
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Effect of Unethical Behavior Article Analysis Chris May 6, 2013 Acc 291 Judith Vargas University of Phoenix I am going to explain in this paper some situations that might lead to unethical accounting and how we can identify some of the unethical practices in accounting. In an article that I read it talked about how when the economy is down that a lot of companies enforce ethics and make their ethical policies even better, but at the same time the article also states that when the economy
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following paper will discuss an article called Business research in India, summarize what unethical research practices should be avoided, which parties could face injury or what injuries could occur to these parties, how unethical behavior could affect the organization, individual, and society, and how unethical behavior could be monitored or resolved if found occurring. Business Research in India and Ethical Research Guidelines The purpose of the article, Business research in India, was
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Effect of Unethical Behavior Article Analysis Numerous professions are probable for unethical behavior in the place of work. The bookkeeping occupation precisely can have a massive influence on an institute. In various circumstances this power can distress other businesses and also the over-all community. Unethical behaviors in the accountant business are often challenging to identify. An accountant is good in what they do. They transfer money to their own bank account from the company account
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