the article is the memo that is attached
Instructions Please read either of the two scholarly articles which discusses accounting education and the importance of ethics. After reading either of the articles, complete the following in a Word document: 1. Provide a 2 paragraph summary of the article 2. Provide your opinion, based on the information presented in the article, whether more should be done to "instill" values/virtues and ethics in the accounting education (minimum of 1 paragraph) 3. Support your opinion in a concluding paragraph FULL TEXT Research and Markets Laura Wood, Senior Manager Fax from USA: 646-607-1907 Fax from rest of the world +353-1-481-1716 press@researchandmarkets.com Research and Markets (http://www.researchandmarkets.com/research/f5c39f/business ethics_a) has announced the addition of John Wiley and Sons Ltd's new report Business Ethics: A Case Study Approach to their offering There's a "new normal" in business ethics.. Despite all the words and regulations aimed at building ethical and responsible organizations, observed misbehavior has increased think of the Siemens scandal and Bernie Madoff. Business Ethics: A Case Study Approach confronts the brutal fact about business ethics as it exists today - it's not working. This stirring casebook powerfully draws a direct line between ethics and business performance that is, the sounder your company's ethical foundation, the stronger it will perform in brand recognition, sales, customer satisfaction and loyalty, employee productivity, and even in reduced regulatory burdens So, how can you develop leadership that sets the right tone at the top? Author and ethics professional Stephen Henn answers that question with candidly insightful case studies that look at every angle of ethical lapses, including - A CFO's Dilemma - The Duke University Lacrosse Scandal - Arthur Andersen - The Stanford Prison Experiment - The Smithsonian Institution -Firestone/Ford Tire Recalls - Jordan's Furniture ProQuest - Whirlpool and Leadership Development - Ponzi Schemes - And many more Examining the old mind pets and dogmas on business ethics and holding them up to the light of day, Business Ethics: A Case Study Approach reveals how the ethical health of your organization will forecast whether or not it outperforms the competition. This is your twenty-first-century rule book for understanding the "new normal" in business ethics Key Topics Covered CHAPTER 1 Introduction CHAPTER 2 Why Are Ethics Critical? CHAPTER 3 Why Business Ethics Is Not Just about Corporations CHAPTER 4 A Historical Review CHAPTER 5 Why Do People Behave Badly? CHAPTER 6 Work Environment and Group Dynamics CHAPTER 7 Leadership CHAPTER 8 The Common Element - Trust CHAPTER 9 Building an Army of Davids CHAPTER 10 The Positive Power of Peer Pressure CHAPTER 11 How to Develop Leadership CHAPTER 12 The Logic of William of Ockham For more information visit http://www.researchandmarkets.com/research/15039/business ethics DownloadAttax 3 DownloadAttar x PO Research and X W Budget Varia ropbox/255496/279837/DownloadAttachment?fid=5151685 ers.com - G how to install linux... Higher Accounting Education's Responsibilities to Society Lingyun Ma, Mississippi College - Clinton, Mississippi, USA V. Brooks Poole, Mississippi College - Clinton, Mississippi, USA Taylor F. Corso, Mississippi College - Clinton, Mississippi College ABSTRACT Accounting and finance hold critical roles in the business world because financial reports are important for both internal and external financial mer Financial accounting concepts require that financial information should be relevant, such as having timely feedback and predictive value as well as making a difference. The financial information should also be reliable in that it should be free from crror and bias. It also should be verifiable, neutral, and represent faithfulnew. However, in real-world situation, accounting practitioners will often face conflict between self-interest and public interest; therefore, having a moral and ethical mind is important. There are two components that influence this a virtuous mind and an ethical education. An ethical education provides students with a virtuous mindset. Therefore, accounting professors should touch thics and how to make decisions neutrally and realistically in higher education Keywords: accounting society, accounting education, ethics, auto-ethnography, case study INTRODUCTION The research question proposed is "What responsibilities does higher accounting education have to society. This question can be separated into two parts. The first part addresses the requirements of higher counting education and the second put acknowledges the responsibilities to society. To answer the first part, higher education accounting should include the four major divisions of accounting financial accounting reporting, federation and regulation, anditing and attestation, and business environment and concepts, with ethics complained throughout the four area. When a student gain knowledge in these four areas, they gain the ability to work for society Certified Public Accountant or CPA. This then addresses the responsabilities to society. As a CPA works for the general public. Because accountants handle money, mistakes or errors affect financial reports, which in the car both internal or external wers, such as investors, regulators, or managers The researcher, Mo, who is a native of China, attended a university in the United States for your beginning with his freshmen year. He has since earned an MBA with a concentration in accounting While he has to his experience regarding conting higher education in the United States, he shares his auto-ethnography way Auto-utography is approach to research which seeks to describe and analyse personal experi order to understand the culture experience. When researchers engage in an wuto-trophie wadly, the cultural practice, como values and beliefs, and shared experience help readers to deeply understand reach Me employs ar autographic methodology in this case Mudy in order to share his experiences of matriculating to c.conting bilher education, specifically focusing on his learning of counting is a shares his experience to illuminate bow acting higher education helped him a conting the lased his with my and this case study, he makes in for areas of improvement within the claration in ander til in den og tal found as the prepare to enter the profession Higher education way fals dhical education for my accounting uden However, accounting higher education is to in incapacity to techs due to college curriculum contra. Therefore, aparity is twee society ele all leachup in the realm of higher education in the United States Filling this papctical, we had are present in the everyday lives of accountants in under to protect holders and general, contana be instilled with skills to make good and drical decisions when they face such challenges LITERATURE REVIEW The base should be considered Macintyrcan practice. The Macintyrean price of the end be applied to counung this in daily work (West, 2013) Maclayta ime of ethical has is what we (2011 ponto quired tamen quality the pouleuon and of which tends to enable to achine topood which deindealpractice and the lack of which effectively parvos fum achieving any code DownloadAtta X PQ Research and X W Budget Varia 60-709- 179837/DownloadAttachment?fid=5151685 bw to install linux The accounting practice identifies four factors of the internal goods. First is MacIntyre's virtue of honesty. The second accounting practice is courage and justice. The third accounting practice is integrity and constancy. Letis the disclosure and objective, which are critical These are also mentioned in the Code of Ethics for Professional Accountants. The code consists of three sections. The first section introduces five fundamental principles. integrity." objectivity." "professional competence and due care," "confidentiality and professional behaviors" tp. 26). The second section is the conceptual framework applied to professional accountants in public practice. The third section works for the same purpose of professional service. MacIntyre's ethics should be applied to the accounting practice in a number of ways. Due process should associate with each accounting professional, and is required by the AICPA (West, 2018). West (2018) claimed that accounting is moving towards greater commerciali (p. 28). The authors researched the connection between virtues, morals, and accounting ethics. Virtue ethics may be applied to the business and the organization's environment. Also, the author discusses professional secounting ethics, which is to serve the public interest in relation to several aspects of professional accounting. Public interest will be defined as the net benefits derived and procedural rigor employed on behalf of all society in relation to any action decision of policy The) accountants play a critical role in our modern society and our capitalist economy" (Sorensen et al., 2015. P. 175) Both the suditor and financial accountant are in a position of public trust. The external and internal financial user heavily relies on information from accountants. Sometimes, accountants will betray the public trust through means of fraud, which costs investors millions or billions of dollars in the capital market. Accounting is a profession heavily mentioned by the authors, and accountants are "gatekeepers whose primary allegiance must be to the publie {Sorensen et al., 2015, p. 176). The characteristics of qualified accountant should include standard of conduct govering the relationship of the practitioner with clients, and colleagues and the public and acceptance of social responsibility inherent in an occupation endowed with the public interest" (p.176). Keeping the public interest perty is the social responsibility of each individual accountant, with both CPA and non-CPA The conflict between the ant's interest and the public interest are shown in our society. In this situation, the accountants duty to choose public interest over self-interest. Meanwhile, the Sarbanes-Oxley Act of 2002 wa passed by the United State Congress, the purpose of which was to reduce financial reporting abuses from accounting practice. The act states that accountants cannot charge the clients large amounts of money to prepare the financial en The ethical failures in the accounting profession lead to a question of, "How should moral and ethical education betwght in higher education" Aww of ethical issues is the foundation to keeping ethical issues from happening the work field. The author mentioned into etuies, stating, virtue this is concemed with identifying characteristics that are in harmony with the purpose of a man being" (Soncnsen et al., 2015, p. 179). The action is simply to choose the right or wrong conue. However, when it relates to accounting, some students might not have a good one of distinguishing what is right or wrong Therefore, the profesor need to inform the stalents on what distinguishes an action calor Adam Bint is the father of the capitaliste free market economy (Sorensen et al., 2015, 180 Adami inportant work was The Thawy o Marul Se The Theory of Moral Swimente hand van thies wlochas the lealth and growth of the economy and on moral and ethics. The author intred accounting ethic failures which seed beadlines and cost investors billions of dollars. In someone who introverse public interest, ce might be faithful to accounting ethics and by the public tra. This Gerald resulta major losses in the capital market and catastrophic los invas The di profession www.integrity as the virtue that all members mine and breathe referenced in many places in the AICPA code of professional condit" (Shaw & Miller 2017. Share w Miller (2012) find correlation between moral ware and sensitivity, jugement and intrations the mal decision process ir 587). The moral decision-making proces will be stronger care duced the cand by Sol (2017. p. 177) add the facto how the personal na Intendy dinadinesperan's moral decision-making process. The wpista positively take moral awarene, morajuayement, and moral intentions(p. 177) Shawwad Miller (2017) point thMeal deconged by the intent of the oral problein extremely the more the Instructions Please read either of the two scholarly articles which discusses accounting education and the importance of ethics. After reading either of the articles, complete the following in a Word document: 1. Provide a 2 paragraph summary of the article 2. Provide your opinion, based on the information presented in the article, whether more should be done to "instill" values/virtues and ethics in the accounting education (minimum of 1 paragraph) 3. Support your opinion in a concluding paragraph FULL TEXT Research and Markets Laura Wood, Senior Manager Fax from USA: 646-607-1907 Fax from rest of the world +353-1-481-1716 press@researchandmarkets.com Research and Markets (http://www.researchandmarkets.com/research/f5c39f/business ethics_a) has announced the addition of John Wiley and Sons Ltd's new report Business Ethics: A Case Study Approach to their offering There's a "new normal" in business ethics.. Despite all the words and regulations aimed at building ethical and responsible organizations, observed misbehavior has increased think of the Siemens scandal and Bernie Madoff. Business Ethics: A Case Study Approach confronts the brutal fact about business ethics as it exists today - it's not working. This stirring casebook powerfully draws a direct line between ethics and business performance that is, the sounder your company's ethical foundation, the stronger it will perform in brand recognition, sales, customer satisfaction and loyalty, employee productivity, and even in reduced regulatory burdens So, how can you develop leadership that sets the right tone at the top? Author and ethics professional Stephen Henn answers that question with candidly insightful case studies that look at every angle of ethical lapses, including - A CFO's Dilemma - The Duke University Lacrosse Scandal - Arthur Andersen - The Stanford Prison Experiment - The Smithsonian Institution -Firestone/Ford Tire Recalls - Jordan's Furniture ProQuest - Whirlpool and Leadership Development - Ponzi Schemes - And many more Examining the old mind pets and dogmas on business ethics and holding them up to the light of day, Business Ethics: A Case Study Approach reveals how the ethical health of your organization will forecast whether or not it outperforms the competition. This is your twenty-first-century rule book for understanding the "new normal" in business ethics Key Topics Covered CHAPTER 1 Introduction CHAPTER 2 Why Are Ethics Critical? CHAPTER 3 Why Business Ethics Is Not Just about Corporations CHAPTER 4 A Historical Review CHAPTER 5 Why Do People Behave Badly? CHAPTER 6 Work Environment and Group Dynamics CHAPTER 7 Leadership CHAPTER 8 The Common Element - Trust CHAPTER 9 Building an Army of Davids CHAPTER 10 The Positive Power of Peer Pressure CHAPTER 11 How to Develop Leadership CHAPTER 12 The Logic of William of Ockham For more information visit http://www.researchandmarkets.com/research/15039/business ethics DownloadAttax 3 DownloadAttar x PO Research and X W Budget Varia ropbox/255496/279837/DownloadAttachment?fid=5151685 ers.com - G how to install linux... Higher Accounting Education's Responsibilities to Society Lingyun Ma, Mississippi College - Clinton, Mississippi, USA V. Brooks Poole, Mississippi College - Clinton, Mississippi, USA Taylor F. Corso, Mississippi College - Clinton, Mississippi College ABSTRACT Accounting and finance hold critical roles in the business world because financial reports are important for both internal and external financial mer Financial accounting concepts require that financial information should be relevant, such as having timely feedback and predictive value as well as making a difference. The financial information should also be reliable in that it should be free from crror and bias. It also should be verifiable, neutral, and represent faithfulnew. However, in real-world situation, accounting practitioners will often face conflict between self-interest and public interest; therefore, having a moral and ethical mind is important. There are two components that influence this a virtuous mind and an ethical education. An ethical education provides students with a virtuous mindset. Therefore, accounting professors should touch thics and how to make decisions neutrally and realistically in higher education Keywords: accounting society, accounting education, ethics, auto-ethnography, case study INTRODUCTION The research question proposed is "What responsibilities does higher accounting education have to society. This question can be separated into two parts. The first part addresses the requirements of higher counting education and the second put acknowledges the responsibilities to society. To answer the first part, higher education accounting should include the four major divisions of accounting financial accounting reporting, federation and regulation, anditing and attestation, and business environment and concepts, with ethics complained throughout the four area. When a student gain knowledge in these four areas, they gain the ability to work for society Certified Public Accountant or CPA. This then addresses the responsabilities to society. As a CPA works for the general public. Because accountants handle money, mistakes or errors affect financial reports, which in the car both internal or external wers, such as investors, regulators, or managers The researcher, Mo, who is a native of China, attended a university in the United States for your beginning with his freshmen year. He has since earned an MBA with a concentration in accounting While he has to his experience regarding conting higher education in the United States, he shares his auto-ethnography way Auto-utography is approach to research which seeks to describe and analyse personal experi order to understand the culture experience. When researchers engage in an wuto-trophie wadly, the cultural practice, como values and beliefs, and shared experience help readers to deeply understand reach Me employs ar autographic methodology in this case Mudy in order to share his experiences of matriculating to c.conting bilher education, specifically focusing on his learning of counting is a shares his experience to illuminate bow acting higher education helped him a conting the lased his with my and this case study, he makes in for areas of improvement within the claration in ander til in den og tal found as the prepare to enter the profession Higher education way fals dhical education for my accounting uden However, accounting higher education is to in incapacity to techs due to college curriculum contra. Therefore, aparity is twee society ele all leachup in the realm of higher education in the United States Filling this papctical, we had are present in the everyday lives of accountants in under to protect holders and general, contana be instilled with skills to make good and drical decisions when they face such challenges LITERATURE REVIEW The base should be considered Macintyrcan practice. The Macintyrean price of the end be applied to counung this in daily work (West, 2013) Maclayta ime of ethical has is what we (2011 ponto quired tamen quality the pouleuon and of which tends to enable to achine topood which deindealpractice and the lack of which effectively parvos fum achieving any code DownloadAtta X PQ Research and X W Budget Varia 60-709- 179837/DownloadAttachment?fid=5151685 bw to install linux The accounting practice identifies four factors of the internal goods. First is MacIntyre's virtue of honesty. The second accounting practice is courage and justice. The third accounting practice is integrity and constancy. Letis the disclosure and objective, which are critical These are also mentioned in the Code of Ethics for Professional Accountants. The code consists of three sections. The first section introduces five fundamental principles. integrity." objectivity." "professional competence and due care," "confidentiality and professional behaviors" tp. 26). The second section is the conceptual framework applied to professional accountants in public practice. The third section works for the same purpose of professional service. MacIntyre's ethics should be applied to the accounting practice in a number of ways. Due process should associate with each accounting professional, and is required by the AICPA (West, 2018). West (2018) claimed that accounting is moving towards greater commerciali (p. 28). The authors researched the connection between virtues, morals, and accounting ethics. Virtue ethics may be applied to the business and the organization's environment. Also, the author discusses professional secounting ethics, which is to serve the public interest in relation to several aspects of professional accounting. Public interest will be defined as the net benefits derived and procedural rigor employed on behalf of all society in relation to any action decision of policy The) accountants play a critical role in our modern society and our capitalist economy" (Sorensen et al., 2015. P. 175) Both the suditor and financial accountant are in a position of public trust. The external and internal financial user heavily relies on information from accountants. Sometimes, accountants will betray the public trust through means of fraud, which costs investors millions or billions of dollars in the capital market. Accounting is a profession heavily mentioned by the authors, and accountants are "gatekeepers whose primary allegiance must be to the publie {Sorensen et al., 2015, p. 176). The characteristics of qualified accountant should include standard of conduct govering the relationship of the practitioner with clients, and colleagues and the public and acceptance of social responsibility inherent in an occupation endowed with the public interest" (p.176). Keeping the public interest perty is the social responsibility of each individual accountant, with both CPA and non-CPA The conflict between the ant's interest and the public interest are shown in our society. In this situation, the accountants duty to choose public interest over self-interest. Meanwhile, the Sarbanes-Oxley Act of 2002 wa passed by the United State Congress, the purpose of which was to reduce financial reporting abuses from accounting practice. The act states that accountants cannot charge the clients large amounts of money to prepare the financial en The ethical failures in the accounting profession lead to a question of, "How should moral and ethical education betwght in higher education" Aww of ethical issues is the foundation to keeping ethical issues from happening the work field. The author mentioned into etuies, stating, virtue this is concemed with identifying characteristics that are in harmony with the purpose of a man being" (Soncnsen et al., 2015, p. 179). The action is simply to choose the right or wrong conue. However, when it relates to accounting, some students might not have a good one of distinguishing what is right or wrong Therefore, the profesor need to inform the stalents on what distinguishes an action calor Adam Bint is the father of the capitaliste free market economy (Sorensen et al., 2015, 180 Adami inportant work was The Thawy o Marul Se The Theory of Moral Swimente hand van thies wlochas the lealth and growth of the economy and on moral and ethics. The author intred accounting ethic failures which seed beadlines and cost investors billions of dollars. In someone who introverse public interest, ce might be faithful to accounting ethics and by the public tra. This Gerald resulta major losses in the capital market and catastrophic los invas The di profession www.integrity as the virtue that all members mine and breathe referenced in many places in the AICPA code of professional condit" (Shaw & Miller 2017. Share w Miller (2012) find correlation between moral ware and sensitivity, jugement and intrations the mal decision process ir 587). The moral decision-making proces will be stronger care duced the cand by Sol (2017. p. 177) add the facto how the personal na Intendy dinadinesperan's moral decision-making process. The wpista positively take moral awarene, morajuayement, and moral intentions(p. 177) Shawwad Miller (2017) point thMeal deconged by the intent of the oral problein extremely the more the