Impact of Unethical Behavior

wallop of Unethical Behavior Deonne Griffin ACC/291 February 27, 2012 Sandra Brown Impact of Unethical Behavior At nigh point both employee is exposed to an unethical situation in spite of fashion an organization. The questions argon how to handle exposure to an ethical dilemma and what locomote to compress to resolve it. Implementation of rules and regulations dealing with unethical practices and behavior has been established in organizations to rid companies of backlash from negative coverage. The Sarbanes-Oxley chance on bank is most known for focusing on holding companies fair play intact. The act was to enhance the reliability of study reports from financial statement. The objectives of the carry stated by William H. Donaldson (2005) are as follows: To strengthen enforcement of the federal securities laws; To strengthen and restore confidence in the auditing profession; To advance executive res ponsibility and the tone at the top at companies; To correct disclosure and financial reporting, and To improve the performance of gatekeepers, much(prenominal) as accounting firms, research analysts, and attorneys There are some situations that may lead to unethical practices and behavior.

These can hightail it from artifice to embezzlement. An employee decides to take money from petty cash to give birth benefit bills. An executive decides to use the company plane to take family vacations and file it to business expenses. There are countless acts in which employees believe they are justified in what they remove do and until now feel as though they will direct absent with it. ! What can companies do to crackdown on unethical practices and behaviors? some companies have implemented whistleblowing hotlines, intrinsic controls, and open door policies to advance employees to channelize honesty and integrity in the workplace. A rate of flow internal control system over financial reporting is important in creating trustworthy financial statements used by investors. No...If you necessity to get a full essay, order it on our website: OrderEssay.net

If you want to get a full information about our service, visit our page: write my essay