Ethics in Accounting and Corporate Accounting Scandals - Research Paper Example

Only on StudentShare

Extract of sample
Ethics in Accounting and Corporate Accounting Scandals

The suggested course of action by the companies is also recommended in order to prevent unethical practices that lead to corporate scandals and eventual bankruptcy of the organizations. Introduction The accounting practices are based on the Generally Accepted Accounting Principles. Apart from the rule base practices, the importance of principle based practices have emerged in the field of accounting. This is due to the corporate scandals that have occurred over the years. These corporate scandals establish a link with the unethical practices in accounting. In different countries, the accounting practices are guided by different laws like the tax law in Germany, accounting law in Sweden, company law in USA, etc. The unethical practices in accounting have not only resulted into bankruptcy of the companies but also eroded the wealth of the investors. International Financial Reporting Standards, Sarbanes-Oxley Act have been implemented in order to prevent the unethical accounting practices and subsequent corporate scandals. ...Show more

Summary

Ethics in Accounting and Corporate Accounting Scandals Abstract The research study is aimed at establishing a relation between the unethical practices in accounting and the occurrence of corporate scandals. The concept of ethical accounting practice has been explained…
Author : kaialeuschke
Save Your Time for More Important Things
Let us write or edit the research paper on your topic
"Ethics in Accounting and Corporate Accounting Scandals"
with a personal 20% discount.
Grab the best paper

Related Essays

Finance and Accounting Research Paper: Corporate Financial Scandals
The company was formed in 1985 by Kenneth Lay, after the merger of Houston natural gas and inter-north. It was a natural gas, energy trading, and electrical utilities company which was based in Houston Texas. Before its bankruptcy, Enron employed roughly 21,000 people.
11 pages (2750 words) Research Paper
Advanced Financial Reporting - Prevalence of Creative Accounting
Creative accounting is an innovative yet unethical practice that converts the sense of an accounting treatment while being within the scope of treatment prescribed by accounting standards. It can be said that taking advantages of the loopholes present in accounting standards is the other way of explaining creative accounting.
11 pages (2750 words) Essay
Exploring Professional Ethics in Accounting
This study will attempt to answer the following questions: Is the inclusion of ethical instruction as part of the accounting curriculum seen to be effective and viable? How may incorporation of ethical instruction in the accounting curriculum be made more effective or viable, and what are the alternative ways by which ethical standards may be raised in the accounting profession?
38 pages (9500 words) Dissertation
American Accounting Scandals
They include the artificially low interest rates, toxic mortgage backed securities, housing bubble, excessive and risky financial innovation, shadow banking system, trade deficits and others (Cornelius, pp. 29-33, 2003). However, one very important cause or contributing factor to the current recession was the accounting practices and the entire accounting system in the United States (Rittenberg, Johnstone, Gramling & Schweiger, pp.
10 pages (2500 words) Essay
Review of Accounting Ethics
The information related to the Barclay’s Bank in LIBOR rate fixing scandal has led to the drawing attention to the ethical issues resulting in the breach of the ethical issues related to the financial institution over the last five years. Thus the corporate ethical breach has increased in the recent times due to the increase in the loopholes of the company’s ethics (International Risk, Crisis & Business Continuity management, 2011, p.1).
4 pages (1000 words) Research Paper
Discuess the statement about the pricing, valuation and sensitivities of Credit default Swaps Spreads by presenting a critical r
In this report, research work that has been done by various authors is taken into consideration. It focuses on three key areas: One is the determination of the price of a single name CDS security and demonstration of how the price of a CDS is obtained for a listed company using a specific pricing model.
9 pages (2250 words) Essay
Financial Conservatism. Determinants of cash and leverage
Mikkelson and Partch provide that financially conservative firms are those that continually hold huge cash balances to finance their financial activities, meaning that they hardly rely on borrowed capital to finance their investment opportunities. A firm means the one that holds more than 25% of its assets in cash.
18 pages (4500 words) Dissertation
Understanding the Nature of Ethics in the Landscape of Accounting
In the last decade, the interest in ethics education in accounting has been increased. However, significant gaps remain, such as the fact that, rules, principles and virtues are often taught separately. Only a few authors address the role of personality of the accounting presentation of relevant and accurate financial reports, and the importance of practical reasoning in accounting.
11 pages (2750 words) Essay
Ethics and Corporate Accounting Practices
In the preamble that has been recently published by OECD, they have stated that corporate governance signifies a set of association that lies between the management of the company, its shareholders and its board, which also involves the other stakeholders of the company.
11 pages (2750 words) Research Paper
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT