Wednesday, July 17, 2019

Effect of Unethical Behavior Article Analysis

The unethical practices & way in todays craft accounting often goes unchecked, because the actions directly see management or executives, since they usually have this accounting hence the results. If someone thinks their prank might be in fortune they may falsify thinks for these members of management. As it seems obvious, belie or altering caper documents much(prenominal)(prenominal) as sales receipts, or manipulate with reports would be considered unethical practices. According to anon. Employee (n. d. , Among the most common unethical business styles of employees are making long-distance calls on business lines, duplicating software for use at home, falsifying the number of hours worked, or more more serious and illegal practices, such as embezzling money from the business, or falsifying business records. (para. 1).Among those situational exampleswhich include embezzlement of silver by an accountant from their employers for financial bring home the bacon also i nclude accountants receiving corporate nip from their client to report false knowledge and having unrealistic objectives and deadlines. An accountant may break up to work for a company til now though a conflict of spare-time activity may exist. If the accountant is owed money or has a significant stake in a firm, he or she may not be the ideal somebody to prepare certain companies financial statements. (Jacobsen, 2008, para. 10). The Sarbanes-Oxley subprogram of 2002 is legislation enacted for the protection from the unethical behaviors. The Sarbanes-Oxley deed puts rules in straddle to hold executives accountable for the accuracy of their organizations financial statements. The rules that are put in place achieve harsher punishments and criminal penalties for non- submission.The Sarbanes-Oxley Act does its outstrip to ensure financial statements be confessedly and correct. Section 406 of the Sarbanes-Oxley Act requires that publicly traded companies concede their code o f ethics for senior financial officers. The Act was designed to promote honorable and ethical conduct full and straight disclosure in periodic reports and compliance with applicable government rules and regulations. (Jacobsen, 2008, para. 10). Does the Sarbanes-Oxley Act tout ensemble guarantee ethically correct financial statements each and every time?ReferencesJacobsen, R. (2008, January). unethical Behavior In The Workplace. EzineArticles, (), . Retrieved from http//ezinearticles.com/?Unethical-Behavior-In-The-Workplaceid=954264Anonymous Employee.(n.d.).Unethical behavior in the workplace. Retrieved from http//www.anonymousemployee.com/csssite/sidelinks/unethical_behavior.php

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