Business Ethics Essay Example | Topics and Well Written Essays - 1500 words - 12

melody Ethics - Essay ExampleAlong with this the management accountants also use the financial statements and the statements like cash flow, fund flow (which are not published in the annual reports) and they formulate a end about the further steps that should be taken by the management so that the play along advise use the available resources optimally and can perform better. If the accountants doing fraudulent while preparing the statements then the objective of the conjunction can be hampered. The external stakeholders would fail to take the right decisions and the management accountants cant envision successfully. So protecting the interest of the stakeholders it is necessary to maintain the accounting ethics properly by the go with management. The accounting bodies has prepared some rules, the companies are bound to maintain those rules for protecting the interest of the stakeholders. The paper describes the outcome of ethics in accounting the importance of the ethics rul es of AICPA is also discussed. A case study go forth also be discussed by the researcher for depicting the importance of ethics in accounting.Doing fraud in the financial statements is an intentional activity for making the balance sheet stronger, for showing higher profit of the company in the financial year. For showing higher profit than the actual the accountants shows higher value, higher revenue.Enron, the company in the energy sector started its business in 1985. In the 1990s the companys maturement was fine. The growth of the company made it one of the best companies in the world. In Standard and Poor 500 force the growth of the company was also good. But the lack of transparency was the cause of the downfall of the company. Their business clay sculpture was complex and they used to do unethical practices. The company used to recognize the revenue even when the make out was signed between the two parties. Government deregulation was also a factor for their downfall. Enr on used the special(prenominal) Purpose Entities for accessing