Ethics In Accounting And Financial Decision Making
Ethics in Accounting and Financial Decision Making
Fin 324
February 5, 2007
Ethics in Accounting and Financial Decision Making
In his article, "Beyond Sarbanes-Oxley. Three best practices to adopt in your organization," the author, Neil S. Lebovits, suggests that organizations can do several things in order to ensure their ethical health. The top three practices suggested by Lebovits are to cultivate ethical role models, demonstrate ethical decision-making, and to encourage pushback. This paper will explore these three practices and examine the ways in which they relate or can be applied at my place of business.
The Sarbanes-Oxley Act ("SOX") of 2002 was enacted by Congress in order to provide the Securities and Exchange Commission with increased authority to monitor financial practices of and financial reporting by American public companies and public accounting firms, dictate the way American corporations are governed, and discipline those not in compliance. The Act......
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Approximate Word Count: 812
Approximate Pages: 4 (250 words per double-spaced page)
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