Nobody downloaded yet

Impact of Ethical Education or Training on Moral Values Concerning Finance and Accounting - Coursework Example

Comments (0) Cite this document
The paper "Impact of Ethical Education or Training on Moral Values Concerning Finance and Accounting" highlights that ethics and beliefs are complimentary as one's ethical behavior flows out of one's values; ethics relate to behavior and values relate to beliefs. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92% of users find it useful
Impact of Ethical Education or Training on Moral Values Concerning Finance and Accounting
Read TextPreview

Extract of sample "Impact of Ethical Education or Training on Moral Values Concerning Finance and Accounting"

Download file to see previous pages The Act implements extensive changes to public accounting and corporate laws and also expands corporate governance extending the responsibilities of senior executives and board members. SOX has changed the current business environment. In the past business ethics was viewed as important (Bies & Forte, 2010). Now, business ethics is mandatory, but where is the map for business managers to follow? SOX mandates ongoing comprehensive ethics programs but does not give clear exact criteria, leaving the responsibility of education and training employees in ethics up to the organization (Stephan, 2007).
In order to provide all stakeholders in corporate America assurance around ethical behavior, further research is needed. The foundation of this dissertation is Kohlberg's Cognitive Moral Development theory, which will be used to determine whether age, gender, and education influence an individuals ethical decision-making capability. This study will compare the moral value of finance and accounting professionals who had ethical training with finance and accounting professionals who have not had ethical training, based on gender, age and education level.
Finance and accounting professionals must resolve financial problems with the highest of ethical standards. Both finance professionals and accountants have developed codes or standards for guidance in performing their fiscal duties. The National Commission on Fraudulent Reporting concluded that written codes are important for communicating expectations and that more corporations should adopt a code of conduct (Rich, Smith, & Mihalek, 1990). However, Rich et al. conducted a study of selected respondents from the National Association of Accountants database. Rich et al. found that for the performance measure net income, there was pressure on the respondents to achieve a targeted net income, and the pressure was greater in companies with a formal code. For a second performance measure, return on investment (ROI), there was pressure to achieve a specific ROI in those companies with a formal code.  ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(Impact of Ethical Education or Training on Moral Values Concerning Coursework - 1, n.d.)
Impact of Ethical Education or Training on Moral Values Concerning Coursework - 1. Retrieved from
(Impact of Ethical Education or Training on Moral Values Concerning Coursework - 1)
Impact of Ethical Education or Training on Moral Values Concerning Coursework - 1.
“Impact of Ethical Education or Training on Moral Values Concerning Coursework - 1”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Impact of Ethical Education or Training on Moral Values Concerning Finance and Accounting

Research Accounting and Finance : ethical issues report

...?College Research Accounting and Finance Ethical issues report 3/30 Section A: Case analysis: The Quandry at PureDrug The caseof quandary at Puredrug is analyzed as per the 7 step model by American Accounting Association. Facts Puredrug, a large pharmaceutical company with operations and sales across the globe has been facing economic problems with decline in the market share and reduction in corporate profits. The company is having an opportunity to sign-up a contract worth $8 million with Philippines government for a drug named Travolene. However, tests conducted by the domestic government found the drug unsafe. Ethical issues Should we launch the drug...
6 Pages(1500 words)Literature review

Ethical Issue in Adult Education and Training

..., it only makes us better and gives everyone a chance to understand others better. It is this that informs the ethical issue that is going to be discussed in this study. It is not a United States issue but one I consider as a pointer for just what adult education can do. Besides, it highlights issues that probably draw doubt on which direction adult education should take. In this case, the issue concerns an 84 year old man and was featured in The New York Times back in 2004. The old man known as Kimani Nganga Maruge was a Kenyan who had decided to go back to school at the age of 84 after failing to access education in his youthful days. In his interview,...
3 Pages(750 words)Research Paper

Aristotle's Theory concerning Moral Responsibility

...that there is no reason for blaming her, most obviously since there might be hope that blame will be helpful in educating him, morally speaking. In instances whereby a person seems incorrigible that is they get quite settled in some vice, either because is incapable of understanding the criticism or since she is unable to change her character or habits, which in most cases, it tend to be somewhere in between. These cases are extremely common, and unless there is an assumption that they are not morally appalling, they tend to undermine the current Kantian assumption, which states that blame should relate just to conduct under a person’s control (Williams 76). Apparently, if we assume a...
4 Pages(1000 words)Essay

Finance: accounting

...Q One of the basic principles of financial decision making is to undertake an analysis of the cash flows of the firm because net earnings is not considered as an effective method of assessing the process of value creation. Accounting profit is subjective in nature due to the accrual principle. Different accounting policies can provide different estimates of earnings therefore accounting profit is not only an arbitrary figure but also subjective in nature. Accounting income can also be misleading because of the fact that it can distort the figures like Earnings per share (EPS) due to its subjectivity. A distorted EPS can lead to faulty decisions by the...
2 Pages(500 words)Essay

Vocational Education Training: Its Impact on Organizations

...this by creating separate organisational structures (the university-college nexus), which inevitably develop their own cultures and values that may be hard to bridge (Schofield 1998). Others have preferred to elevate courses concerned primarily with skills and competences to degree level even though it may leave the university vulnerable to challenge in relation to standards. It says much for the courage of their leaders that some distance-teaching universities-for example, those in Bangladesh, India and Pakistan-have recognised that they should capitalise on their ability to deliver education across educational levels and across the...
49 Pages(12250 words)Dissertation


...Contents Executive Compensation Executive compensation is one of the most debated issues within the accounting and finance literature as it directly impacts the agency cost which an organization runs due to conflict of interest between management and the shareholders of the firm. There are various factors to which the executive compensation can be linked to including the company size and company profits. (Murphy, 1999). However there are other related issues also which must be taken into consideration while setting up the compensations for the executives. I believe in our case the most important factor in determining the bonus of the CEO should be linked to following two factors: 1) His or her achievement in reducing the costs... by the...
3 Pages(750 words)Essay


...ACCOUNTING/FINANCE Introduction This paper aims to discuss a few of the many additional funding options available to an organization; in this case, ours. Issuance of new stock, private placement of bonds and public bond offering will be analyzed in detail. Furthermore, a discussion will be carried out about whether stock splits mean something or not. Additional Funding Options There are several options available to an organization for supporting itself financially. Three of the many are evaluated below. Issuance of New Stock ‘Issuance of stock’ is simply when shares are given out to investing people in the stock exchange – a market for shares. These generate funds for an organization, for the time being,...
2 Pages(500 words)Essay

Moral Values

... became indifferent to me; and further explained that his choice would not cause any negative impact on the organization. I knew that his act was against the moral perception of the organization and it would spoil the reputation of the firm. The logical reasoning suggested me that he had his right to make his choices on his life. Furthermore, if I tried to discourage him it would also break our friendship. On the other hand, if I did not report the matter to the management, as an employee I would also be violating my moral responsibility. I analyzed all possible alternatives that can deal with the issue for I needed his friendship as well as the organization’s status. Finally I told him that I would inform the management if he did... not...
1 Pages(250 words)Assignment

Ethical Dilemma in Accounting and Finance

...Ethical Dilemma in Accounting and Finance Ethics remains an important aspect for all professionals. Employees as well as employers are expected to exhibit ethics when dealing with their clients and public, and in the overall running of the organization. Although this is vital, many organizations and employees today still experience challenges that are related to ethics (Blake and Gowthtorpe 7). Nonetheless, failure to embrace ethics might have adverse impact on an organization, as well as the image of employees. In this essay, I will address a personal experience, describing an ethical...
2 Pages(500 words)Essay

Teaching Moral Values

...roles in uplifting the moral standards of the society through teaching moral standards within their realms (Weissbourd). Fundamentally, moral education occurs largely in schools where teachers are tasked with the responsibility of imparting ethical and moral values besides the necessary formal education, albeit upholding high moral values depend on personal choices (Weissbourd). According to Chapman, McNamara, Reiss, and Waghid, the moral propriety of learners who are in schools depend on the involvement by parents, teachers, and school managers. Schools...
4 Pages(1000 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Coursework on topic Impact of Ethical Education or Training on Moral Values Concerning Finance and Accounting for FREE!

Contact Us