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It is expected that all organizations will behave in an ethical manner in the current economy. In today’s business world, it is difficult to define what ethics are because of the different ethical beliefs people have (The Journal of Accountancy, 2007).
Implementing good ethical behavior in a business helps the business become very successful. In many organizations, bad ethical behavior can lead to many negative things within the company that affects every person tied into the company. Some business people do anything to earn money, even if it includes practicing unethical behavior.
Ethics are important in accounting and financial decision-making because ethical beliefs and values provide the foundation on which a civilized society exists...
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