Ethics for the Accounting Professional - Dissertation Example

Download file to see previous pages So, it helps to build an inner strength of the company which protects the fraud activities on a long-term basis. It is very easy for the accountant with ethical knowledge to deal with the ethical dilemma and feel comfortable dealing with the gray areas of accounting. On the other hand, the previous research report shows that accounting professional follows all the legislation according to their profession except for ethics or moral obligation and duties. The ethics process has a high degree of integrity for the accountant who helps to achieve success (Kreps and Wilson, 2008 p.86).

1.1. Aim and Objective
1.1.1. Aim
The research study aims to establish the influence of the ethics of accounting professionals as well as students in the accounting field. Here the researcher also aims to discuss the different aspects of accounting professionals.

1.1.2. Objective
The objectives of the research study explore the aim, which is discussed as follows:
• To critically evaluate the literature relates to ethics and its influence on the accounting professional and accounting students.
• To determine the effectiveness of ethics in the accounting profession.
• To determine the effectiveness of ethics for the students in the accounting field.
• To evaluate the ethics-related decision model and determine how this decision-making model helps to teach ethical values.

1.3. Research Question
What is ethics from the point of the Accounting profession as well as accounting student?
What is the effectiveness of ethics for the accounting professional?
How the different ethics models should be explained to the accounting professional and the accounting student?

1.4. Background of the study:
Presently, some internationally successful managers declare that their main aim is not to maximize profits. Without good qualities like trust, honesty, cooperation, and fairness in accounting, on which society and business firms depend, long-term success and the prosperity of the firm are not possible. Productivity increase and the quality of the product depend upon them. The ethical reputation of the corporation is very important for its workers. The workers have considered ethical business practices more important in their job choice criteria rather than the quality of the product or service it offers or even the financial status of the firm.

An organization, in an international setting, is required to ask itself three vital questions before going with any activity. These questions are: if the action is profitable if the action is legal, and if the action is ethical. If the action is non-profitable, it is not undertaken. If it is found profitable, then it is checked whether it is legal and ethical. Scholars have also believed that the requirement for businesses is more socially responsible. The influence of the international market, technology, and new social problems has increased the knowledge of the function of the business. ...Download file to see next pages Read More