Accounting Research Assignment 2022

Running Head: ACCOUNTING RESEARCH
ACCOUNTING RESEARCH
Name of the Student
Name of the University
Author Note

1ACCOUNTING RESEARCH
Table of Contents
Introduction................................................................................................................................2
Literature Review.......................................................................................................................2
Accounting Ethics..................................................................................................................3
Impact of Ethics in the Accounting on Society......................................................................5
Education of Ethics in Accounting........................................................................................5
Importance of Teaching Accounting Ethics...........................................................................6
Conclusion................................................................................................................................11
Reference..................................................................................................................................13

2ACCOUNTING RESEARCH
Introduction
The possessing of the ethical mindset generally involves the consistent practice of the
principles of the ethics, which needs to train to the students for possessing the mindset of
acting ethically. Accounting ethical codes are considered as the fundamental principles,
which are chosen by the accounting professionals for abiding it, in order to enhance their
professionalism, maintain the public trust as well as demonstrating fairness and honesty.
Ethics often referred as the set of belief or the code of conduct that helps in dictating fair,
unfair as well as right and wrong. The professional of accounting is based on the ethics and
morals. It is extremely important to have proper ethics as well as ethical behavior due to
number of reasons, any unethical activity potentially harm the business for all the accounting
firms. Hence, under this research paper, analysis will be done on importance of teaching
accounting ethics for accounting students.
Literature Review
The education of ethics to the accounting students has been suggested as the
alternative for promoting the ethical awareness as well as decision-making and it is
considered as the kind of the essential remedy to the worse practices of the accounting. The
effectiveness of the ethical education in the accounting has now becomes the guidelines for
the several studies by pointing out the mixed results in relation to improve the moral
reasoning of the students. However, there are numerous issues of ethics in the past such as
accounting fraud, scandals, effectiveness of teaching and so on that has aroused the need for
teaching accounting ethics to the accounting students. It brings out the set of the conditions,
which accompany the student from childhood and which influences their behavior. Therefore,
this research would contribute to advancement of the empirical knowledge on subject because

3ACCOUNTING RESEARCH
by intervening the variables, the attitudes of the students can be influenced and avoiding the
future deviations of the conduct from the professional accountant (Guragai et al. 2015).
The first cultivation of the ethical orientation is at home and it is later influenced by
the surrounding community standards and the peers, the improper behaviors of the others can
be undermined it in the context of business. The student generally comes to the university
with their certain behavior pattern that is ingrained in them. Therefore, training should be
given to them for working ethically or even more ethically, in case if there are partially
developed ethical orientations. This helps in resisting the influences of the other’s unethical
behavior, when they are at their work. In the accounting, honesty as well as integrity plays
the important role. It is because it helps in allowing the investors for trusting the information
received by them about the companies in which they do the investment (Anzeh and Abed,
2015). Honesty in the accounting is one of the primary feature of their professions, which
allows the financial decision makers for making the appropriate judgements. The accountant
should know what is right and what is wrong and they should always displays in their
accounting as well as bookkeeping activities. Moreover, they are obligated for protecting the
information from the public releases or the unauthorized disclosure. Financial accounting
ethics generally forms the basis of the requirements of the legal as well as regulatory and it
includes the issues that are related to maintain the trust of public. It has been found that the
students who are with the high positive scores on the ethical test may also behave unethically,
even if they have been exposed to the education of ethics as well as have attained the higher-
stage development in the models of ethical assessment (Shawver& Miller, 2017).
Accounting Ethics
The main driver of the accounting ethics as well as ethical values is to uphold the
good practices as well as professionalism. In many organizations, around the world, the major
ethical issue in the process of the accounting is the potential for the conflict of interest. The