Accounting Ethics Essay -- essays research papers

paper will discuss the public perception of CPAs in todays society, pit releases 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 moving picture--anal-retentive little wimps who wear thick glasses and cannot breed a date. CPAs argon known and respected for their honesty. The profession that goes out of its vogue to project that image, and there is a certain amount of truth to it. non all accountants argon anal-retentive little wimps who cannot get a date. Many of them are quite articulate. Some are quite lovely, in some schools, more(prenominal) than half of the chronicle majors are women. Also, not all CPAs are squeaky clean and respected for their honesty. Some are quite dishonorable and are p utting a black mark on the image of the entire profession. There is one area where the CPA profession has fall short of protecting the public interest. The widely distributed duty that accountants owe to their clients and the early(a) persons who are affected by their shamions is to "exercise the skill and care of the normally prudent accountant" in the same circumstances. Two elements compose the general duty of performance skill and care. An separate element and responsibility is owed to clients and other persons, that is that accountants should observe a standard of ethical or social responsibility. virtuoso set of difficulties concerns moral philosophy educations ability to instill the chosen values and to describe them stick after the educational process is completed. Instruction in accounting morality is directed at people whose character-or lack there-of-has largely been organise by the time the instruction occurs. Although such instruction should increase the example awareness of those who are already predisposed to listen, its effect on the fundamentally self-interested, indifferent, or unethical is questionable. Even those who are positively influenced by ethics instruction, moreover, may still behave irresponsibly if their careers or their livelihoods require them to act in their clients financial interest. Recent pressure to include more ethics instruction in the accounting classroom has placed an emphasis on individuals who have a sen... ... the trust instilled in me very seriously. I promise that this paper has enlightened you to the pitfalls many certified public accountants face today, two with ethical standards and with impending educational requirements. Reference PageFulmer, W.E. and B.R. Cargile 1987, "Ethical Perceptions of accounting system Students Does Exposure to a Code of Professional Ethics Help?" Issues in Accounting Education 2, 207-219. Loeb, S.E. 1988, "Teaching Students Accounting Ethics Some of t he essence(p) Issues, Issues in Accounting Education 3, 316-329. Metzger, J.D. 1992. "Business Law and the Regulatory environs Consepts and Cases 8th Edition. 1061. McGee, Robert W., "CPAs vs. the Public Interest". Dumont Institute, Ethic Information Center. 1. Whiteck, C 1992, The issue with Dilemmas Rethinking Applied Ethic, Professional Ethics 1, 119-142. er, J.D. 1992. "Business Law and the Regulatory surroundings Consepts and Cases 8th Edition. 1061. McGee, Robert W., "CPAs vs. the Public Interest". Dumont Institute, Ethic Information Center. 1. Whiteck, C 1992, The job with Dilemmas Rethinking Applied Ethic, Professional Ethics 1, 119-142.