Maintaining ethical standards is one of the biggest challenges facing accountants. Maintaining our objectivity and independence is crucial if we expect the public to trust accountants Some of the biggest areas of ethical challenges as we perform our job as accountants are: Pressure from Management - to make deadlines, to be profitable, to make the client look good, etc Accountant as Whistleblower - discovering accounting violations Effect of Greed - putting personal finance goals over professional responsibilities Omission of Financial Records - asked to omit or leave out information to make business look better Discuss (1) how these ethical fallures are impacting the accounting industry (be specific), and (2) how you plan to prepare yourself when faced with these types of challenges in the workforce. Give examples if you have seen this behavior personally or use a current event in your discussion