Unethical practices and behavior in accounting Essay

Unethical make outs and sort in accounting - Essay ExampleUnethical practices and behavior in accounting change forces, from professions external environments, regulate professional practices. In this paper, analyze Beths article, Eight years after fact is SOX working? A look at the acquit corporation, with the aim of identifying situations that may lead to wrong practices and behavior and review effects of Sarbanes-Oxley Act on financial statements. Situations that might lead to unethical practices and behavior in accounting Peoples practices and behavior atomic number 18 largely twistd by their environments that kitty either encourage good practices and behavior or can allow for, and even promote immoral acts among accountants. Opportunities are one of the set of situations that might lead to unethical practices and behavior. Ethics are moral rules and therefore bind plurality into conformance to expected practices. It relies on both the level at which such people can be i nfluenced or coerced to acculturate such standards and the dominance in preventing possibilities of unethical practices. Availability of opportunities for unethical practice however challenges these factors because of the involved social aspects of ethics. An individual, based on the possible gain from a practice, may for font choose to utilize an opportunity into unethical practice or behavior for such gains. Opportunities also offer temptation into unethical practices and behavior and may influence an individual to behave unethically against an individuals intentions (Beth, 2010).Bad ethical examples set by others forms another situation that is likely to lead to unethical practice or behavior in the accounting profession and is majorly influenced by the role and impacts of leadership concepts. ... Environment plays a significant role in influencing a mortals behavior and an environment where unethical practices exist will influence a person into such practices. This influence is particularly effective when senior people in an giving medication do the undesirable behaviors and practices. While junior employees may not have the authority to stop the practices, frustrations that their seniors are benefiting at their expense are likely to influence them into unethical practices. Bad example set by senior people in an organization also spread to lower levels of the organizations structure because such leaders lose their moral power and the conscience to condemn unethical practices. Persistent misrepresentation of financial information by an organizations chief accountant for example sets a bad example to junior accounts officers who may emulate their seniors behavior (Beth, 2010). want of incentives is another situation that may lead to unethical practices and behavior in accounting. This applies from two perspectives, lack of incentives to facilitate ethical practice, and lack of general employee incentives towards utility and load to a workplace. There a re avenues to acculturating ethics among people such as training them on the need for ethical practice, creating awareness on possible consequences of unethical practice, and establishing a culture that values ethics. Lack of these factors in an organization may facilitate unethical acts because people will lack knowledge on moment of ethics. General work incentives such as rewards and remunerations, trainings and other offers that promote employee utility at the workplace are also significant to