Accounting Ethics :: Free Essay Writer

If someone were to ask you what you thought was the most deceitful profession, certified public accountants would most certainly not be the first to come to mind. That is because CPAs atomic number 18 known and respected for their honesty. The profession goes out of its way to project that image, and there is a certain amount of truth to it. However, not wholly CPAs be high-pitched clean and respected for their honesty. Some ar quite dishonest and be 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. There is a general duty that accountants owe to their clients and the other persons who are affected by their actions. Two elements compose the general duty of performance skill and care. Another element and responsibility is owed to clients and other persons, that is that accountants should observe a cadence of honourable or social responsibility.One set of difficulties conce rns ethics educations ability to instill the chosen values and to make them stick after the educational physical process is completed. Instruction in be ethics is directed at people whose character-or lack there-of-has largely been formed by the time the instruction occurs. 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 let in more ethics instruction in the accounting classroom has placed an emphasis on individuals who have a sense of deterrent example responsibility. In accounting ethics education literature the benefits of teaching ethics have been greatly influenced by the following set of goals presented by Loeb(1988)1. Relate accounting education to moral issues.2. Recognize issues in accounting that have ethical implications.3. Develop "a sense of moral obligation" or responsibility.4. Develop the abilities needed to deal with ethical conflicts or dilemmas.5. Learn to deal with uncertainties of the accounting profession. 6. "Set the stage for" a change in ethical behavior.7. Appreciate and understand the history and composition of all aspects of accounting ethics and their relationship to the general field of ethics.An emphasis on codes of conduct may result in students failure to "develop discretion and judgment. . .which are more than simply a matter of what acts are forbidden, which are required, and which are permissible" (Whiteck, 1992, 128). Emphasis on rules may quickly become training in how to get around the rules while remaining technically legal.