Ethics
Ethical Decisions in Accounting
Alfonso Oddo
Niagara University
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Cover page image ©2010 PhotoDisc/Getty Images
Copyright © 2010 by John Wiley & Sons, Inc.
All rights reserved.
No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except as permitted under Sections 107 or 108 of the 1976 United States
Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive,
Danvers, MA 01923, website www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 070305774, (201)748-6011, fax (201)748-6008, website http://www.wiley.com/go/permissions.
To order books or for customer service, please call 1(800)-CALL-WILEY (225-5945).
Printed in the United States of America.
ISBN 978-0-470-87810-1
Ethical Decisions in Accounting
Learning Objectives
After studying this module you should be able to:
Understand the importance of ethics
Know the history of ethics in accounting
Incorporate ethics into your decision process
Know ethical standards for accounting professionals
Understand ethical implications of the U.S. transition to IFRS
Appreciate lessons learned from recent business scandals
SECTION 1 — THE IMPORTANCE OF ETHICS
Ethics is an important part of your accounting education and it will play an increasingly important role in all aspects of your professional life. This module is intended to give you an overview of the study of ethics. It is a starting point for the discussion of ethics that will continue throughout all of your accounting studies. We will begin with a definition of ethics and then review some
Alfonso Oddo
Niagara University
COPYRIGHT PAGE
DO NOT TYPE
Cover page image ©2010 PhotoDisc/Getty Images
Copyright © 2010 by John Wiley & Sons, Inc.
All rights reserved.
No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except as permitted under Sections 107 or 108 of the 1976 United States
Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive,
Danvers, MA 01923, website www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 070305774, (201)748-6011, fax (201)748-6008, website http://www.wiley.com/go/permissions.
To order books or for customer service, please call 1(800)-CALL-WILEY (225-5945).
Printed in the United States of America.
ISBN 978-0-470-87810-1
Ethical Decisions in Accounting
Learning Objectives
After studying this module you should be able to:
Understand the importance of ethics
Know the history of ethics in accounting
Incorporate ethics into your decision process
Know ethical standards for accounting professionals
Understand ethical implications of the U.S. transition to IFRS
Appreciate lessons learned from recent business scandals
SECTION 1 — THE IMPORTANCE OF ETHICS
Ethics is an important part of your accounting education and it will play an increasingly important role in all aspects of your professional life. This module is intended to give you an overview of the study of ethics. It is a starting point for the discussion of ethics that will continue throughout all of your accounting studies. We will begin with a definition of ethics and then review some
References: A Global Standard for Accounting Ethics, 16th Annual International Conference Promoting Business Ethics, Niagara University, October 28-30, 2009 Leadership in Business, Odette School of Business and CMA Ontario, Windsor, Ontario, Canada, March 7, 2008 Approaches to Teaching Ethics in Accounting Education, 2nd Annual Conference of the Business Research Consortium of Western New York, St Ethics Disclosures in Financial Reports, 13th Annual International Conference Promoting Business Ethics, Niagara University, NY, October 25-27, 2006 A Framework for Teaching Business Ethics, Journal of Business Ethics 16: 293-297, Kluwer Academic Publishers, the Netherlands, 1997