CART

(0) items

Business and Professional Ethics for Accountants,9780324013160
This item qualifies for
FREE SHIPPING!
FREE SHIPPING OVER $59!

Your order must be $59 or more, you must select US Postal Service Shipping as your shipping preference, and the "Group my items into as few shipments as possible" option when you place your order.

Bulk sales, PO's, Marketplace Items, eBooks, Apparel, and DVDs not included.

Business and Professional Ethics for Accountants

by
Edition:
2nd
ISBN13:

9780324013160

ISBN10:
0324013167
Format:
Paperback
Pub. Date:
12/20/2001
Publisher(s):
Dame Publishing

Related Products


  • Business & Professional Ethics
    Business & Professional Ethics
  • Business & Professional Ethics for Directors, Executives, & Accountants
    Business & Professional Ethics for Directors, Executives, & Accountants
  • Business and Professional Ethics
    Business and Professional Ethics
  • Business and Professional Ethics : For Directors, Executives and Accountants
    Business and Professional Ethics : For Directors, Executives and Accountants
  • Business and Professional Ethics : For Directors, Executives and Accountants
    Business and Professional Ethics : For Directors, Executives and Accountants





Summary

This text focuses on practical development of the skills needed to deal with ethical issues specific to accounting. Interesting, real-world situations provide readers with an understanding of appropriate values, ethical pitfalls, applicable codes of conduct, and sound ethical reasons where codes do not apply. The text can be used alone or with any traditional accounting text as each chapter stands alone.

Table of Contents

Preface ix
Overview of the Book xv
PART I Developing an Awareness of the Issues 1(98)
The Ethics Environment
2(50)
The Ethics Environment for Business: The Battle for Credibility
2(6)
Environmental Concerns
3(1)
Moral Sensitivity
4(1)
Financial Scandals: The Expectations Gap and the Credibility Gap
5(1)
Economic and Competitive Pressures
5(1)
Bad Judgments and Activist Stakeholders
6(1)
Synergy Among Factors and Institutional Reinforcement
7(1)
Outcomes
7(1)
A New Mandate for Business
8(1)
The Response by Business
9(3)
Developments in Business Ethics
12(2)
Concepts and Terms
12(1)
Approaches to Ethical Decision Making Through Stakeholder Impact Analysis
13(1)
The Ethics Environment for Professional Accountants: The Expectations Gap
14(1)
Questions for Discussion
15(1)
Cases
15(2)
Bhopal---The Union Carbide
17(2)
The Betaseron Decision (A)
19(2)
Texaco: The Equador Issue
21(3)
Where Were the Accountants?
24(1)
To Resign or Serve?
25(1)
Readings
The Social Responsibility of Business Is to Increase Its Profits
26(4)
Milton Friedman
A Critique of Milton Friedman's Essay ``The Social Responsibility of Business Is to Increase Its Profits''
30(4)
Thomas Mulligan
Domini 400 Social Index Gains 7.50% In December, S&P 500 Gains 5.82%: Press Release
34(3)
The Whistle-Blower: Patriot or Bounty Hunter?
37(5)
Andrew Singer
Managing for Organizational Integrity
42(9)
Lynn Sharp Paine
Law Case Summary: Caremark National Inc.
51(1)
L. J. Brooks
The Role of the Professional Accountant
52(47)
Understanding the Role of a Professional Accountant Is Critical
52(1)
Public Expectations of All Professionals
53(2)
Public Expectations of a Professional Accountant
55(1)
Dominance of Ethical Values Rather than Accounting or Audit Techniques
55(2)
Priority of Duty, Loyalty, and Trust in a Fiduciary
57(3)
Confidentiality: Strict or Assisted
60(1)
Implications for Services Offered
60(2)
Assurance and Other Services
60(1)
Critical Value-Added by a Professional Accountant
61(1)
Standards Expected for Behavior
62(1)
Judgment and Values
62(2)
Importance to Value-Added
62(1)
Development of Judgment and Values
62(2)
Sources of Ethical Guidance
64(2)
Codes of Conduct
64(1)
Laws and Jurisprudence
64(2)
When Codes and Laws Don't Help
66(1)
Questions for Discussion
66(1)
Cases
66(2)
The Eagle Has Landed
68(2)
Allan Eagleson
The Lang Michener Affair
70(3)
Dilemma of an Accountant
73(3)
Societal Concerns
76(1)
Management Choice
77(1)
Maple Leaf Gardens Shenanigans
77(2)
To Qualify or Not?
79(3)
Readings
The AICPA At 100: Public Trust and Professional Pride
82(6)
Liability Crisis in the United States: Impact on the Accounting Profession:
88(4)
Appendix: Trends in the Legal Liability of Accountants and Auditors and Legal Defenses Available
92(7)
PART II Ethical Governance and Decision Making 99(122)
Ethical Governance---Codes and Beyond
100(80)
Introduction
100(1)
Governance Systems Come of Age
101(2)
Ethics Programs
103(11)
Developing and Managing an Ethical Culture
103(5)
Corporate Codes of Conduct
108(1)
Purpose, Focus, and Orientation
108(2)
Code Content
110(1)
Effective Implementation
111(3)
Professional Accounting Guidance Environment
114(2)
Professional Codes of Conduct
116(11)
Purpose and Framework
116(1)
Fundamental Principles and Standards
116(2)
Rules: General and Specific
118(1)
Discipline
118(3)
Interpretations of Rules
121(1)
Motivations for Changes in Professional Codes
121(1)
Current Codes of Professional Conduct
122(1)
International Comparison of Professional Codes
122(1)
Shortfalls With and In Professional Codes
123(4)
Issues Not Usually Resolved in Corporate Codes of Conduct
127(1)
Conclusion
128(1)
Questions for Discussion
129(1)
Cases
129(2)
Bankers Trust: Learning from Derivatives
131(3)
Barings Bank: Rogue Trader
134(3)
Philip Services Corp....Into the Dumper
137(5)
Dow Corning Silicone Breast Implants
142(2)
Playing God
144(1)
Economic Reality or GAAP
144(1)
Multidisciplinary Practices---Ethical Challenges
145(1)
Team Player Problems
145(1)
Locker Room Talk (see Chapter 5)
146(1)
Readings
Appendix A: International Comparison of Main Aspects of Professional Codes of Conduct
147(13)
The Anderson Committee: Restructuring Professional Standards
160(1)
G. D. Anderson
Applying the Stakeholder Management Model to the Analysis and Evaluation of Corporate Codes
161(12)
M. Clarkson
M. Deck
Creating Ethical Corporate Structures
173(7)
P. E. Murphy
Approaches to Ethical Decision Making
180(41)
Introduction
180(1)
Stakeholder Impact Analysis
180(2)
Overview
180(1)
Fundamental Interests of Stakeholders
181(1)
Measurement of Quantifiable Impacts
182(4)
Profit
182(1)
Items Not Included in Profit: Measurable Directly
183(1)
Items Not Included in Profit: Not Measurable Directly
183(1)
Bringing the Future to the Present
183(1)
Dealing with Uncertain Outcomes
184(1)
Identifying Stakeholders and Ranking Their Interests
185(1)
Summary
186(1)
Assessment of Nonquantifiable Impacts of Proposed Decisions:
186(1)
Fairness Among Stakeholders
186(1)
Rights of Stakeholders
187(1)
Comprehensive Decision-Making Approaches
187(4)
5-Question Approach
187(1)
Moral Standards Approach
188(1)
Pastin's Approach
189(2)
Extending and Blending the Approaches
191(1)
Commons Problems
191(1)
Developing a More Ethical Action
191(1)
Common Ethical Decision-Making Pitfalls
192(1)
Summary of Steps for an Ethical Decision
193(1)
Conclusion
193(1)
Questions for Discussion
194(2)
Illustrative Applications of Stakeholder Impact Analysis
When Does An ``Aggressive Accounting'' Choice Become Fraudulent?
196(1)
Bribery or Opportunity in China
197(3)
Proposed Audit Adjustment Case
200(4)
Cases
Smokers are Good for the Economy---Really
204(2)
Ford Pinto
206(2)
The Kardell Paper Co.
208(2)
Readings
Cost Benefit Analysis
210(7)
L. J. Brooks, Jr.
Ethical Analysis for Environmental Problem Solving
217(4)
Graham Tucker
PART III Significant Ethics Issues Facing Business and the Profession 221(93)
Significant Ethics Issues Facing Business and the Profession
223(91)
Conflicts of Interest---a Significant Ethical Problem Area
223(13)
Common Conflicts of Interest Situations in Business
224(1)
Management to Avoid and Minimize Consequences
225(1)
Forensics Suspicions: The 20/60/20 Rule
225(1)
The Gone Theory: Identification of Potentially Harmful Situations and Likely Perpetrators
226(1)
Agency Theory, Ethics, and Sears
226(1)
Conflicts of Interest and the Professional Accountant
226(1)
A Professional Accountant's Fiduciary Relationship
227(1)
Types of Conflicts of Interest for Professional Accountants
228(1)
Spheres of Activity Affected
229(1)
Conflicts of Interest Affecting Services Offered
229(3)
Conflicts of Interest Involving Improper Use of Influence
232(1)
Conflicts of Interest Involving Use or Misuse of Information (Confidentiality)
232(3)
Managing Conflicts of Interest: Awareness and Management
235(1)
Conclusion
236(1)
Workplace Ethics---A Significant Ethical Problem Area
236(4)
Employee Rights
236(1)
Privacy and Dignity
236(2)
Fair Treatment
238(1)
Healthy and Safe Work Environment
239(1)
Ability to Exercise Conscience
239(1)
Trust and Its Importance
240(1)
Conclusion
240(1)
International Operations---A Significant Ethical Problem Area
240(4)
Impacts on Local Economies and their Cultures
241(1)
Conflicts Between Domestic and Foreign Cultures
241(1)
Bribery, Facilitating Payments
242(1)
Apparent Cultural Conflicts with Banning Gifts, Bribes, and Facilitating Payments
243(1)
Moral Imagination
243(1)
Guidelines for Ethical Practice
244(1)
Conclusion
244(1)
Social Accountability and Audit---A Significant Ethical Problem Area
244(3)
Organizational Objectives for Corporate Ethical Performance (CEP)
245(1)
Measurement of Corporate Ethical Performance
245(1)
Reporting of CEP
246(1)
Audit or Verification of CEP Reports
247(1)
Conclusion
247(1)
Crisis Management---A Significant Ethical Problem Area
247(4)
Conclusion
251(1)
Questions for Discussion
251(1)
Appendix A: Corporate Ethical Performance Indicators Used in the Corporate Ethics Monitor
254(3)
Appendix B: Ethics Audit Program Annual Audit Question
257
Cases
251(8)
Cases on Conflicts of Interest
Tax Return Complications
259(1)
Minimal Disclosure
260(1)
Opinion Shopping
260(1)
Lowballing a Fee Quotation
261(1)
Risk Management of Taxes Payable---Is It Ethical?
262(1)
Cases on Workplace Ethics
Texaco's Jelly Beans
262(5)
Downsize or Bonus Allocation Decisions
267(1)
Cases on International Operations
Jail and a German Sub-Contractor
267(1)
Cases on Crisis Management
The Exxon Valdez
268(3)
The Brent Spar Decommissioning Disaster
271(2)
Interesting Times
273(2)
Readings
``Can't We all Just Get Along: Cultural Variables in Codes of Ethics''
275(6)
Nancy Roth
Todd Hunt
Maria Stavropoulos
Karen Babik
``Values in Tension: Ethics Away from Home''
281(8)
Tom Donaldson
``Effective Crisis Management''
289(8)
Ian Mitroff
Paul Shrivastava
Firdaus Udwadia
``Ethical Problems in Public Accounting: The View from the Top''
297(10)
Don Finn
Lawrence Chonko
Shelby Hunt
``Some Unresolved Ethical Issues in Auditing''
307(7)
Sally Gunz
John Mccutcheon
``Ethics in Taxation Practice''
314
Tom Lynch


Please wait while the item is added to your cart...