Book description
A trusted resource on the complex ethical questions that define the accounting profession
An accountant’s practice depends on making difficult decisions. To achieve the best results, individual accountants and accounting firms need a clear understanding of the ethical duties and decision-making involved in the four major functions of modern accounting—auditing, management accounting, tax accounting, and consulting—as well as a strong sense of ethical conduct to guide the certification and validation of reliable financial records.
Now in its third edition, Accounting Ethics is a thorough and engaging exploration of the ethical issues that accountants encounter in their professional lives. Since the publication of the first edition in 2002, Accounting Ethics has become an indispensable resource for accounting courses and certification programs worldwide, known for its focus on real-world application, practical advice, reader-friendly guidance, and its insight into the effects of global change on the profession. Together with coverage of the contemporary regulatory environment—including the Sarbanes-Oxley Act, the Public Company Accounting Oversight Board, and the Dodd–Frank Wall Street Reform and Consumer Protection Act—this revised edition features expanded pedagogical resources such as new end-of-chapter case studies and discussion questions, and includes the updated AICPA Code of Conduct.
Concise and dependable, Accounting Ethics sustains its reputation as an authoritative resource for practicing accountants, new professionals, students of accounting, and those who are considering the profession.
Table of contents
- Cover
- Preface to the Third Edition
- Introduction to Accounting Ethics
- Chapter One: The Nature of Accounting and the Chief Ethical Difficulty
-
Chapter Two: Ethical Behavior in Accounting
- What is Ethics?
- Ethics: The Intellectual Enterprise
- Actions
- Social Practices, Institutions, and Systems
- Why Study Ethics?
- Being Ethical: How to Determine What to Do
- Questions to Ask to Justify an Action: The Basis of Ethical Theory
- Is the Action Good for Me?
- Is the Action Good or Harmful for Society?
- Is the Action Fair or Just?
- Does the Action Violate Anyone’s Rights?
- Have I Made a Commitment, Implied or Explicit?
- Using the Reasons
- Ethical Dilemmas
- Some Classic Moral Dilemmas
- Discussion Questions
- In the News
- Chapter Three: Ethical Behavior in Accounting
- Chapter Four: Accounting as a Profession
-
Chapter Five: Accounting Codes of Conduct
- AICPA Professional Code of Conduct
- Code Principles
- 0.300.020.01 – Responsibilities Principle
- 0.300.030.01 – The Public Interest Principle
- 0.300.040.01 – Integrity Principle
- 0.300.050.01 – Objectivity and Independence Principle
- 0.300.060.01 – Due Care Principle
- 0.300.070.01 – Scope and Nature of Services Principles
- Criticisms of the Code of Conduct
- Discussion Questions
- In the News
-
Chapter Six: The Rules of the Code of Conduct
- Conceptual Framework
- Sub‐section 100: Integrity and Objectivity Rule
- Sub‐section 200: Independence Rule
- Section 1.300.001: General Standards Rule
- Sub‐section 400: Acts Discreditable
- Sub‐section 500: Fees and Other Types of Remuneration Rule
- Sub‐section 600: Advertising and Other Forms of Solicitation Rule
- Sub‐section 700: Confidential Information Rule
- Sub‐section 800: Form of Organization and Name Rule
- Responsibilities to Colleagues
- Discussion Questions
- In the News
- Chapter Seven: The Auditing Function
- Chapter Eight: The Ethics of Managerial Accounting
- Chapter Nine: The Ethics of Tax Accounting
- Chapter Ten: Ethics Applied to the Accounting Firm
- Appendix A: Summary of Sarbanes–Oxley Act of 2002
- Appendix B: IMA Statement of Ethical Professional Practice
- Index
- End User License Agreement
Product information
- Title: Accounting Ethics, 3rd Edition
- Author(s):
- Release date: November 2018
- Publisher(s): Wiley-Blackwell
- ISBN: 9781119118787
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