Unethical practices and behavior in accounting Essay

Un respectable practices and sort in accounting - Essay ExampleUnethical practices and expression in accountingDiversified forces, from professions orthogonal environments, regulate professional practices. In this paper, analyze Beths article, Eight years after fact is SOX on the job(p)? A look at the Brook corporation, with the aim of identifying situations that may lead to unethical 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 are largely influenced by their environments that can either come on good practices and behavior or can allow for, and even gain ground immoral acts among accountants. Opportunities are unitary of the located of situations that might lead to unethical practices and behavior. Ethics are moral rules and therefore restrain spate into conformance to expected practices. It relies on both the level at which such people can be influenced or coerced to acculturate such standards and the effectiveness in preventing possibilities of unethical practices. Availability of opportunities for unethical practice until now challenges these factors because of the involved social aspects of ethics. An individual, based on the possible gain from a practice, may for example convey to utilize an opportunity into unethical practice or behavior for such gains. Opportunities also offer lure into unethical practices and behavior and may influence an individual to behave unethically against an individuals intentions (Beth, 2010). bountiful ethical examples set by others forms other 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 hearty role in influencing a persons behavior and an environment where unethical practices exist ordain influence a person into s uch practices. This influence is particularly effective when senior people in an organization do the undesirable behaviors and practices. While junior employees may not have the authority to deflect 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. contumacious 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). Lack 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 commitment to a workplace. There are 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 depart lack knowledge on significance 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