Ethics in Accoutning
This paper will discuss the public perception of CPAs in today's society, pitfalls that they may encounter, methods to prevent some of these negative behaviors and consequences they may face should they fall short. Most "Who Do You Trust?" surveys rank politicians, lawyers, and used car salesmen at the bottom and certified public accountants at the top. That is because the CPA profession has a squeaky clean image-stereotyped as harmless men who wear thick glasses, do not speak too much, and have pocket protectors. CPAs are known and respected for their honesty. The accounting profession that goes out of its way to project that image, and there is a certain amount of truth to it. Not all accountants are fit the stereotype. Many of them are quite articulate. Some are quite lovely, and in some schools, more than half of the accounting majors are women. Also, not all CPAs are squeaky clean and respected for their honesty. Some are quite dishonest and are putting a black mark on the image of the entire profession. There is one area where the CPA profession has fallen short of protecting the public interest. The general duty that accountants owe to their clients and the other persons who are affected by their action
An emphasis on codes of conduct may result in students' failure to "develop discretion and judgment . Cargile: 1987, "Ethical Perceptions of Accounting Students: Does Exposure to a Code of Professional Ethics Help?" Issues in Accounting Education 2, 207-219. Develop the abilities needed to deal with ethical conflicts or dilemmas. Dumont Institute, Ethic Information Center. Two elements compose the general duty of performance: skill and care. Most states have statutes imposing criminal penalties on accountants who willfully falsify financial statements or other reports in fillings under the state securities laws and those who willfully violate the state securities laws or aid and abet criminal violations of these laws by others. Finally, disciplinary proceedings may be brought against an accountant by professional societies such as the AICPA. In addition, his wrongful conduct may be the subject of administrative proceedings by the Securities and Exchange Commission and state licensing boards.
Common topics in this essay:
Accounting Ethics,
CPA Primarily,
Exchange Commission,
Accounts AICPA,
Accounting Education,
Fulmer Cargile,
Professional Ethics,
accounting ethics,
Center Whitbeck,
Environment Concepts,
accounting education,
accounting profession,
Robert CPAs,
issues accounting,
profession held esteem,
codes conduct,
cpa profession,
squeaky clean,
whitbeck 1992,
certified public,
issues accounting education,
professional ethics,
|
Acceptance Essays
