Impact of Unethical Behavior

dissemble of Unethical Behavior Deonne Griffin ACC/291 February 27, 2012 Sandra Brown Impact of Unethical Behavior At nigh point each employee is exposed to an unethical situation in spite of behavior an organization. The questions be how to handle exposure to an ethical dilemma and what stairs to make for to resolve it. Implementation of rules and regulations dealing with unethical practices and demeanour has been established in organizations to rid companies of backlash from negative insurance coverage. The Sarbanes-Oxley understand bank is most known for focusing on retention companies fair play intact. The act was to enhance the reliability of inspect reports from financial statement. The objectives of the carry stated by William H. Donaldson (2005) are as follows: To strengthen enforcement of the federal securities laws; To strengthen and restore confidence in the auditing profession; To advanc e executive responsibility and the tone at the top at companies; To correct disclosure and financial reporting, and To improve the performance of gatekeepers, much(prenominal) as accounting firms, research analysts, and attorneys There are some situations that may lead to unethical practices and behavior.

These can redact from artifice to embezzlement. An employee decides to take money from petty cash to deport benefit bills. An executive decides to use the company plane to take family vacations and file it to business expenses. There are countless acts in which employees believe they are justified in what they remove through with(p) and until now feel as though they will get un! der ones skin absent with it. What can companies do to crackdown on unethical practices and behaviors? many a(prenominal) companies have implemented whistleblowing hotlines, intrinsic controls, and open door policies to progress employees to channelize honesty and integrity in the workplace. A reliable internal control system over financial reporting is important in creating trustworthy financial statements used by investors. No...If you necessity to get a full essay, order it on our website: OrderEssay.net

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