Why Are Ethics Important In The Accounting Profession?

Sheree Fletcher

CE CAPSTONE COURSE FOR THE ASSOCIATES DEGREE
IDS399

September 10, 2006


What does ethics have to do with accounting? Everything, since there have been some recent financial accounting scandals; a few examples being Xerox, WorldCom, Enron, which have generated much unwanted and unfavorable publicity for CPA's, including those working as controllers or chief financial officers for organizations.
When you hear the word "ethics," what is the first thing that comes to mind? Having to make the decision of doing what is right versus doing what is wrong. Some idealists say that decisions of ethics should not be conditional. However, that is not as simple as it may sound. What constitutes "right" to one person may be "wrong" to anther; what clearly distinguishes the line between right and wrong? What some may look at as being unethical does not necessarily make it illegal.
In the predicament of David......

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Title: Why Are Ethics Important In The Accounting Profession?
Approximate Word Count: 1384
Approximate Pages: 6 (250 words per double-spaced page)

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