Ethics in Accounting

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Category: Business and Industry

Date Submitted: 08/07/2013 07:21 AM

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Morals and ethics go hand-in-hand, and in the workplace operating an ethical and moral organization is contingent not only on how the administration of the company behaves, but also its personnel (Bush, 2013). How a company interacts with each other and with their customers should always be an everyday concern pertaining to the aspects of their business, (Brown, 2013). Unfortunately, many organizations have been in the news due to accounting ethical breaches. Most of these ethical breaches have affected their customers, employees, and the general public. Though regulation has been increased to prevent continual corporate ethical breaches; I believe there is still plenty of room for error; human error that is.

In the corporate world, making decisions is a part of their everyday business and making the most of these decisions is important because they affect both the company and the people who work for it (Brown, 2013). Striving to maintain ethical and moral decision-making skills is vital. All great businesses should have a clear set of organizational goals and policies, particularly when it comes to morals and ethics, (Bush, 2013).

Honesty plays a very significant role in morals and ethics. Every person in the organization has to hold him or herself to a higher personal level of integrity. Consequently, incorporating policies that will support a high level of integrity also helps to administer how your company operates. An organization must cultivate standards of integrity for their employees and insist that they be followed. Despite the proper protocol and structure being in place ethical breaches can still occur, especially when the temptation to get ahead gets involved.