Publication Date

Spring 4-20-2009

School

School of Business

Major

Accounting

Primary Subject Area

Business Administration, Accounting

Keywords

Accounting Ethics, Accounting Fraud, Business Ethics, Sarbanes-Oxley, Ethics Education

Disciplines

Accounting | Business Law, Public Responsibility, and Ethics

Abstract

Today’s business world has become increasingly diverse in its view of ethics. This lack of objective decision-making has been made clear through the scandals and questionable accounting methods in recent years. In light of these instances, the accounting profession has taken steps to regain and ensure the public’s trust, which the profession relies on. In the absence of ethical practices, the profession loses its trustworthiness and reliability. This paper will discuss the key role of ethics in accounting and the efforts that have been made in the past and are being made currently to ensure that this vital component is preserved in the future.

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