Ethical Challenges in Accounting: an Indian Case
الموضوعات : International Journal of Finance, Accounting and Economics Studiesvineet chouhan 1 , Nader Naghshbandi 2
1 - Assistant Professor of Sir Padampat Singhania University
2 - Department of Accounting, Janardan Rai Nagar Rajasthan Vidyapeeth University, Udaipur, Rajasthan - India
الکلمات المفتاحية: Ethics, Accounting Ethics, Ethical Challenges, Accounting Frauds, Case Study, India (Satyam). USA (Enron),
ملخص المقالة :
Accountant working in the private or public sector companies must remain impartial and loyal to ethical guidelines when reviewing a company or individuals financial records for reporting purposes. People are expecting a lot from the professional community and the quality of the complex services provided by the accounting profession have confidence. Of The information provided by accountants should significantly efficient, reliable, genuine and disinterested, then not only should be qualified accountants and professional competence are But also enjoys a high degree of honesty and integrity, professionalism and professional reputation is their most important assets. The Moral Accounting for Professional Accountants And those who rely on accounting services is very important. Businesses rely heavily on accounting ethics, whether they're aware of it or not. Unless investors, creditors and managers can be reasonably confident that the financial record keeping practices of their accounting professionals are honest, straightforward and consistent with industry standards, it is unlikely they can trust their records' accuracy. From Enron, and Satyam, it appears that corporate accounting fraud is a major problem that is increasing both in its frequency and severity. Research evidence has shown that growing number of frauds have undermined the integrity of financial reports, contributed to substantial economic losses, and eroded investors’ confidence regarding the usefulness and reliability of financial statements.
* Accounting Ethics (2004). Available at: http://www. echeat.com/essay.php?t=25839
* Ahadiat N, Mackie JL (2010). Ethics education in accounting: An investigation of the importance of ethics as a factor in the recruiting decisions of public accounting firms. Journal of Accounting Education
* Ahmed Asif, (2010). Ethics in Auditing; And Ethical Studies in Different Accounting Bodies, http://ssrn.com/author= 1447219, June 30, 2010
* Aldrick, Philip, (2009). NatWest Three Return to UK, Telegraph.co.uk, November 7, 2008, http://www.telegraph. co.uk/news/worldnews/northamerica/usa/3394139/NatWest-Three-return-to-UK.html (accessed September 7, 2009);Associated Press, “Merrill Lynch Settles an Enron Lawsuit,” New York Times, July 7, 2006,
* Byrnes N, et al (2002). Accounting in Crisis. Business Week, January 28: 44ff.
* Collins, D. (2006). Five Levees for Improving Ethical Performance, Strategic Finance, June.
* Colson, C. H. (1989). Against the Night, Ann Arbor, MI: Servant Publications, p.67. USAToday – 5/31/2006
* Duska RF, Duska BS (2003). Accounting Ethics. Eight published. Blackwell Publishing. India. pp: 5-25
* Ethics in Accounting. Encyclopedia of Business and Finance. Ed. Allison McClintic Marion. Gale Cengage, 2001. eNotes. Com.
* Ethics in Human Resource Management By Myrna L. Gusdorf, MBA, SPHR 12/15/2010
* Ethics Resource Center, “2005 National Business Ethics Survey (NBES),” Washington, D.C., 2005
* Flamholtz, E.G, (3002), Human Resources Accounting, 4rd.ed ,Boston
* Houston Chronicle, (2003), British Bankers Indicted in Enron Case; Three Men Accused of Siphoning Off $7.3 Million Owed to Their Employer, HighBeam Research, The Washington Post.
* TOI (2007). 2 Enron Traders Avoid Prison Sentences, New York Times, February 15, 2007,http:// .www.nytimes.com/2006/07/07/business/07enron.html?scp=3 &sq=%22mer rill%2 0lynch%22% 0enron&st=cse (accessed September 7, 2009); Associated Press,
* Eichenwald, Kurt,(2009). Enron Founder, Awaiting Prison, Dies in Colorado,” New York Times, July 6, 2006,http://www.highbeam.com/doc/1P2-369257.html (accessed September 7, 2009);
* Chen, Christine Y. (2002). When Good Firms Get Bad Chi, Fortune, November 11, 56.
* Barrionuevo, Alexei (2009). Jonathan Weil, and John R. Wilke, “Enron’s Fastow Charged with Fraud,” Wall Street Journal, October 3, 2002, pp. A3–A4; Berger, Eric, “Report Details Enron’s Deception,” http://www.nytimes.com/2006/ 11/10/business/10fastow.html (accessed September 7, 2009);
* Barrionuevo, Alexei. (2006). Fastow Gets His Moment in the Sun, November 10, http://www.nytimes.com/2007/02/15/business/15enron.html?ex=1329195600&en=0f87e8ca8 3a557ed&ei=50 90&partner=rssuserland&emc=rss (accessed September 7, 2009);
* Madan LalBhasin (2013). Corporate Accounting Fraud: A Case Study of Satyam Computers Limited, Open Journal of Accounting, 2, 26-38
* Montgomery Robert H., (1993) cited from Armstrong, Mary Beth (1993). Ethics and Professionalism for CPAs. Thomson South-Western.
* N. Sarlak (2010) doctor Accounting: Accounting Ethics Journal of Ethics in Science and Technology
* Pacioli, Luca (1494) Summa de Arithmetica, Geometria, Proportioni, et proportionality, Italy.
* Pioneering in Ethics Teaching: The Case of Management Accounting in Iranian Universities, BabakJamshidinavid , International SAMANM Journal of Marketing and Management
* Z. Rezaee and B. L. Kedia, Role of Corporate Govern- ance Participants in Preventing and Detecting Financial Statement Fraud, Journal of Forensic & Investigative Accounting.
