I’m trying to study for my Accounting course and I need some help to understand this question.
Respond to the following in a minimum of 175 words:
In this final week of our class, we draw together the important principles that informed our examination and discussions of the role of ethics and integrity in a business’ accounting.
In light of the principles we have studied thus far, considering those things,
- Discuss how sound ethical practices and reasoning inform the objectivity expected in accounting and financial statements.
- How would you suggest improved ethical practices could be established and maintained in a given organization’s accounting?
- What role does an individual “down-the-ranks” have in establishing and maintaining an ethical tone and company culture?