Companies have the moral obligation to conduct ethical operations

Companies have the moral obligation to conduct ethical operations. There are many cases where companies have different outcomes in their operations because of their interpretation of what ethics is.

  • Why do accounting ethics and its application to operations create a wide variety of outcomes across companies?
  • How can accounting ethics affect accounting operations and applications?

Respond:

Accounting ethics and its applications to operations are the first step into the wonderful world of equities. One can argue that accountant professionals contribute to democracy and national security. Think about that for a moment — it is an Accountant Professionals, like lawyers and the justice system whom are entrusted in factual information. It is the Accountant Payroll Professional who on a bi-weekly or monthly basis makes payroll “tax” deposits through EFTPS payments of the “national income” of the United States. Let that sink in a moment! These Accountants need to be in a position of trust. Ethics plays a huge roll.

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