ETHICS ARTICLE REVIEW
Ethics Article Review
December 27,2006
Since the early 2000s there have been many accounting scandals that have resulted public confidence to decrease in accountants. Due to these scandals the need for ethical awareness has became more important more than ever. The SEC and many other programs have since been implemented to ensure such scandals will be put to a stop.
Accountancy programs have often has wondered how to include ethics into a full curriculum without compromising the technical topics. According to (The CPA Journal) suggests a modular approach. The modular allows ethics alongside the technical course work. The common perception has been that CPAs behave ethically. But unfortunately today there have been many CPAs that have contributed to not acting in an ethical manner. Due to the actions of a few unethical CPAs, ethics put into the accounting curriculums has become more important.
The Association to Advance Collegiate of Business International believes accounting programs need to emphasize ethics above all other business school programs. The modular approach can take up one class period or the entire course depending how the modular approach is structured. Students become aware of ethical standards, framework for ethical dilemmas, and are able to make better ethical decisions. Students also learn following codes in the modular approach:
· Ethical requirements in state and federal laws and regulations
· The AICPA Statements on Standards for tax Services
· IRS Circular 230, the Institute of Management Accountants (IMA) Standards of
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