Accounting Ethics

Synopsis

Discusses In Detail The Many Accounting Scandals Involving Aig In A Case Study Format. Examines Key Concepts Associated With Ethics For Accountants, Including Virtues, Personal Responsibility, The Link Between Rules And Principles, And Professionalism. Outlines Three High-profile Ethics Cases Involving Enron, Worldcom And Lehman Brothers, Along With 10 Cases Drawn From Everyday Accounting Practice. Concludes With A Discussion Of How A Student Or Practitioner Can Continue To Grow In Ethics And As A Professional. Accounting Ethics And The Financial Crisis -- A Strange Tale Of Coral Re -- A Culture Of Accounting Corruption -- The Virtues -- Responsibilty For Actions -- Principles Versus Rules -- Alternative Approaches -- A New Profession : Trusted Because Truthful -- Incipient Legalism : Truthful Because Trusted -- Codifications And New Foundations -- Enron : Rules Trumping Principles -- Worldcom : Complicity Of Internal Accountants -- Lehman Bros : What If The Principles Are Misguided? -- Cases From Practice -- What Can Be Done? By Michael Pakaluk, Ph.d., Mark Cheffers, C.p.a., A.b.v. Includes Bibliographical References And Index.