Accounting Ethics Essay -- essays research papers

paper will discuss the public recognition of CPAs in todays society, pitf each(prenominal)s that they may encounter, methods to prevent several(prenominal) of these negative behaviors and consequences they may example should they fall short. Most "Who Do You Trust?" surveys rank politicians, lawyers and used motorcar salesmen at the bottom and certified public accountants at the top. That is because the CPA vocation has a squeaky clean image--anal-retentive little wimps who wear thick eyeglasses and cannot get a date. CPAs are known and respected for their honesty. The work that goes go forth of its way to project that image, and there is a certain amount of legality to it. Not all accountants are anal-retentive little wimps who cannot get a date. umpteen of them are kind of articulate. some are quite lovely, in some schools, to a greater extent than half of the accounting majors are women. Also, not all CPAs are squeaky clean and respected for their honesty. Som e are quite dishonest and are putting a black mark on the image of the entire profession. There is one area where the CPA profession has fallen short of protecting the public interest. The general duty that accountants owe to their clients and the other persons who are affected by their actions is to "exercise the skill and caution of the ordinarily prudent accountant" in the same circumstances. Two elements cast the general duty of performance skill and care. Another element and indebtedness is owed to clients and other persons, that is that accountants should observe a standard of ethical or well-disposed responsibility. One set of difficulties concerns ethics educations ability to instill the chosen determine and to make them stick after the educational process is completed. Instruction in accounting ethics is directed at people whose character-or lack there-of-has by and large been formed by the time the instruction occurs. Although such instruction should enlarge the moral awareness of those who are already predisposed to listen, its effect on the basically 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 claim them to act in their clients financial interest. Recent pressure to include more ethics instruction in the accounting classroom has placed an strain on individuals who have a sen... ... the trust instilled in me very seriously. I hope that this paper has enlightened you to the pitfalls many certified public accountants nervus today, both with ethical standards and with impending educational requirements. Reference PageFulmer, W.E. and B.R. Cargile 1987, "honorable Perceptions of Accounting Students Does Exposure to a Code of Professional Ethics abet?" Issues in Accounting Education 2, 207-219. Loeb, S.E. 1988, "Teaching Students Accounting Ethics Some Crucial Issues, Issues in Accounting Education 3, 316-329. Metzger, J.D. 1992. "Business Law and the regulatory Environment Consepts and Cases 8th Edition. 1061. McGee, Robert W., "CPAs vs. the Public Interest". Dumont Institute, Ethic Information Center. 1. Whiteck, C 1992, The Trouble with Dilemmas Rethinking Applied Ethic, Professional Ethics 1, 119-142. er, J.D. 1992. "Business Law and the regulatory Environment Consepts and Cases 8th Edition. 1061. McGee, Robert W., "CPAs vs. the Public Interest". Dumont Institute, Ethic Information Center. 1. Whiteck, C 1992, The Trouble with Dilemmas Rethinking Applied Ethic, Professional Ethics 1, 119-142.