Ethics in accounting a decision-making approach pdf free

Book description

This book provides a comprehensive, authoritative, and thought-provoking examination of the ethical issues encountered by accountants working in the industry, public practice, nonprofit service, and government. Gordon Klein's, Ethics in Accounting: A Decision-Making Approach, helps students understand all topics commonly prescribed by state Boards of Accountancy regarding ethics literacy. Ethics in Accounting can be utilized in either a one-term or two-term course in Accounting Ethics.

A contemporary focus immerses readers in real world ethical questions with recent trending topics such as celebrity privacy, basketball point-shaving, auditor inside trading, and online dating. Woven into chapters are tax-related issues that address fraud, cheating, confidentiality, contingent fees and auditor independence. Duties arising in more commonplace roles as internal auditors, external auditors, and tax practitioners are, of course, examined as well.

This study examines accounting professional ethics and accounting information users perspectives within Nigeria context. The primary data was sourced through administration of questionnaire on two major categories of respondents, practicing accountants (both in private and public practice) and the users of financial statement. However, data collected were analyzed using descriptive statistic method. Two hypotheses formulated were tested using chi-square method. The researchers found that public has little or no confidence in the ethical standing of the Accountant. Despite the claims by majority of Chartered Accountants that they always adhere to the ethical principles of the profession, users of accounting information believe otherwise. Besides, moral values have much influence on the ethical reasoning of the Accountant, therefore the higher the personal ethical standard of the Accountant, the easier it is to adhere to the spirit of the professional code of ethics. Also, Codes of ethics have little impact on the ethical reasoning of the Accountant as it only acts as a guide for ethical behavior. Auditors’ independence issues need to be revisited and the relationship between a reporting entity and its professional advisers should be more transparent. It is therefore recommended that, members’ rules for professional conduct should be reviewed more often to deal with the changing culture. The various accounting associations should respectively establish procedures to back-up members who face victimization from their employers for upholding high ethical standards.

ISBN: 978-1-118-93904-8 July 2015 352 Pages

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Table of contents

Part One Ethical Frameworks

1 Introduction to Ethics 1

2 Ethical Principles and Reasoning 16

3 The Core Philosophies 42

4 Virtue, Justice, and Social Responsibility 62

Part Two Unethical Behaviors

5 Why We Cheat 86

6 Greed, Corruption, and Collusion 112

7 Fraud and Earnings Management 132

Part Three Professional Rules of Conduct

8 Discreditable Acts: Discrimination, Deceit, and Disclosure 156

9 Confidentiality 180

10 Independence and Moral Seduction 198

11 Conflicts of Interest 226

Part Four Other Responsibilities

12 Duties as a Whistleblower 248

13 Duties of Public-Company Auditors: The Sarbanes–Oxley Act 276

14 Duties of Tax Professionals 296

15 Duties of Fiduciaries: Financial Planners, Trustees, and Executors 318

16 Duties in the Accounting Workplace (Online only)

Subject Index 339

Features

Real-World Professional Dilemmas Am I Ethical? questions addressed in the beginning of each chapter and includes practical questions and thoughtful solutions within the text.

Illustrations and Problems Focus on a diverse array of professional endeavors, including managerial accounting, tax compliance, investment planning, internal auditing, consulting, nonprofits management, trust and estate administration, and attest engagements.

Ethical Issues Based on recent research from a variety of disciplines to help readers identify and moderate their own ethical indiscretions. This focus on improving behavior is embraced in several chapters dedicated to understanding why we cheat, resolving conflicts of interest, motivating pro-social whistleblower conduct, and disrupting instinctive tendencies to act with unconscious bias.

What is ethical decision making in accounting?

What are the 7 principles of ethical decision making?

What are the three key elements of ethical decision making?

What are the 6 steps to make an ethical decision?