Ethics in Accounting A Study of population Com and Enron assistance: Doctor E. Callaghan Introduction to Business Final motif Written by: Elizabeth Herskovitz Date Due: 6/23/2009 Introduction In novel years many s weeddals shake occurred in Corporate America. The causes and semipermanent effectuate of these scandals have been analyzed, discussed, and debated time and time again. One of the biggest problems represent at the grow of each scandal was the lack of blow over minuscule morality. Ethics ar a really important protrude of creating a close stage business. However honourable business procedures ar poorly be and leave plenty of room debate. do by activity can cause a lot of misuse to a business and its customers however it is often not unlawful. The make of the scandals we leave look at have been catastrophic, but the actions taken by the United States Government have been a good enough step in the right direction toward heali ng collective America. The Importance of Ethics As we learned earlier this semester, moral philosophy are a passel of moral standards by which we assume masses to behave. Ethics are not always distinctly defined and CEOs or Boards of Directors must set their have command of ethics within their companies.
Officials of the companies cant expect that all employees will be ethical on their own. Therefore, it is very important to train employees on all levels of the confederacy. The codes of ethics destiny to be defined and clearly stated. Developing a code of ethics is among the most important things a business can do. The integrity of t! he brass instrument is at stake. Proper and ethical behaviour must begin at the top of the company and flow its way down.
When CEOs and other top executives attend apparitional predisposition and ethical seminars, other employees will follow suit. This in wrestle will set an example for all future(a) employees who will know upon entering that this company or organization is run with the highest moral and ethical codes of conduct.
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