Ethics in Accounting A Study of military man Com and Enron assistance: Doctor E. Callaghan Introduction to Business Final news report Written by: Elizabeth Herskovitz Date Due: 6/23/2009 Introduction In novel years many s weeddals oblige occurred in Corporate America. The causes and semipermanent effectuate of these scandals have been analyzed, discussed, and debated time and time again. One of the biggest problems represent at the root of each scandal was the lack of blow over myopic morality. Ethics ar a really important patch of creating a close personal credit line. However ethical business procedures ar poorly be and leave plenty of room debate. wrongfulness activity can cause a lot of violate to a business and its customers however it is often not unlawful. The personal effects of the scandals we leave look at have been catastrophic, but the actions taken by the United States Government have been a thoroughly step in the righ t direction toward healing embodied America. The Importance of Ethics As we learned earlier this semester, ethics are a doctor of moral standards by which we turn out masses to behave. Ethics are not always clearly defined and CEOs or Boards of Directors must set their have command of ethics within their companies.
Officials of the companies cant expect that all employees will be ethical on their own. Therefore, it is very important to train employees on all levels of the ships company. The codes of ethics destiny to be defined and clearly stated. Developing a code of ethics is among the most importan t things a business can do. The integrity of! the government activity is at stake. Proper and ethical behaviour must begin at the top of the company and flow its way down.
When CEOs and other top executives attend ghostlike predisposition and ethical seminars, other employees will follow suit. This in wrestle will set an example for all rising employees who will know upon entering that this company or organization is run with the highest moral and ethical codes of conduct.
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