Question
Locate the following two articles on Professor Kuangs course webpage: (1) Hollow men and women at the helmHollow accounting ethics? (2) Danish evidence of auditors
Locate the following two articles on Professor Kuang’s course webpage:
(1) “Hollow men and women at the helm…Hollow accounting ethics?”
(2) “Danish evidence of auditors’ level of moral reasoning and predisposition to provide fair judgments”.
Your paper should be organized into four sections by addressing the following four questions.
a. What are the major arguments made in the first paper? Do you agree with them? What are the strengths ofProfessor Waddock’s analysis? What are the weaknesses? What does the fact that there were frauds andunethical behavior long before the advent of formal business school education imply regarding ProfessorWaddock’s views?
b. What was the average level of moral reasoning for the auditors surveyed in the second paper? What doesthis imply for potential audit judgments made by those auditors and the extent to which they may beinfluenced by client preferences?
c. Discuss whether you believe that ethics interventions during your college education will be helpful inassuring that your ethical framework will be appropriate for the duties you will be expected to perform as aprofessional accountant.
d. Nearly all of the students in your class will be entering the professional work during the next year orso. It is important that you consciously consider how you might react if you encounter an ethical dilemma.Most importantly, you need to recognize that you are encountering an ethical dilemma and to think verycarefully about the nature of that dilemma, how you might handle the situation itself, and how you mightanticipate the outcomes of that situation. Toward that end, you are to “imagine” an ethical dilemma that youmay encounter in your new professional life. Describe the nature of the dilemma. Describe how you plan tohandle the situation. Describe potential outcomes of your reaction to the situation.Citations for the paper:
Waddock, S. 2005. Hollow men and women at the helm…Hollow accounting ethics? Issues in AccountingEducation 20 (2): 145-150.
Warming-Rasmussen, B. and C.A. Windsor. 2003. Danish evidence of auditors’ level of moral reasoning andpredisposition to provide fair judgments. Journal of Business Ethics 47 (2): 77-87.
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