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Accounting and Ethics

Accounting and Ethics

Allison Mais

DO ETHICAL STANDARDS EXIST IN ACCOUNTING DEPARTMENTS?

Purpose:  This analytical report is a required assignment in Kimmerly Brady’s Business 205
      course.  Due to time constraints the primary data (survey) required for the report were 
      gathered in a limited fashion.  A survey was developed, an a procedure was considered; 
      however, the responses are the results of only ten collected surveys.  The responses are only 
included to demostrate a n understanding of primary data usage.

INTRODUCTION

The purpose of this report is to convey the message that ethics are the foundation of the accounting profession.  In order to maintain discipline & order in the professional realm, rules of ethics are not satisfactory enough to ensure the integrity of Accountants. Education and training in ethical matters should be mandatory for Accountants; evaluation and monitoring of their adherence to these rules is climacteric for maintaining standards. Ethical codes of conduct and compliance of these codes should be required in today’s accounting firms for honorability to exist.

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Word Count: 2014

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