Ethics Issues in Workplace
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Added on 2020-04-01
Ethics Issues in Workplace
Added on 2020-04-01
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ETHICS IN WORKPLACE
TABLE OF CONTENTSINTRODUCTION.......................................................................................................................................1SERIES OF INTERVIEW QUESTIONS....................................................................................................1CONDUCTING THE INTERVIEW...........................................................................................................2ETHICS IN PROFESSIONAL ACCOUNTING BODIES..........................................................................4Ethics issues and codes to police them....................................................................................................4Penalties for violation..............................................................................................................................6DIFFERENCES AND SIMILARITIES IN EXPECTATIONS...................................................................7REFLECTION............................................................................................................................................7CONCLUSION...........................................................................................................................................8REFERENCES............................................................................................................................................9
EXECUTIVE SUMMARYAccounting offers vital and valuable services to both private and public sectors – essentially toeveryone who utilizes information. These services are normally discharged by honorable,qualified professional with a robust sense of public duty. Nonetheless, similar to otherprofessions, there are unethical professionals whose behavior must not belittle the wholeprofession. For regulating such critical profession and assure its integrity, people licensed topractice accounting are subject to rules and laws of the professional bodies like CPA Australiaand State Boards of Accountancy. Such boards are government bodies comprising of non-CPAand CPA officeholders.A company’s code of ethics and professional behavior include the principles every staff memberis expected to follow. Such principles are aimed at guiding the decision-making and behavior atworkplace. Typically, such codes considerably impact workplace practices, as the employeeswill comply with these principles while working, however, the amount of impact a code has, isbased on how the company uses it. This is because without strict execution by the business, theemployees may not even be aware of the ethics code in the company. Hence, it becomes theresponsibility of people in authoritative positions, like a manager, to lead by example so thattheir subordinates can learn from them and inculcate ethics in their work.In the present report, a financial accountant working at a managerial level has been interviewedface-to-face to understand how code of ethics impact their work life and attitude toward work.This financial accountant is employed with a private firm. Besides this, research has also beenconducted on a professional accounting body to comprehend the issues that arise for it and how itpolices its codes.
INTRODUCTIONA company’s code of ethics and professional behaviour include the principles every staffmember is expected to follow. Such principles are aimed at guiding the decision-making andbehaviour at the workplace. Typically, such codes considerably impact workplace practices, asthe employees will comply with these principles while working, however, the amount of impacta code has, is based on how the company uses it. This is because, without strict execution by thebusiness, the employees may not even be aware of the ethics code in the company. Hence, itbecomes the responsibility of people in authoritative positions, like a manager, to lead byexample so that their subordinates can learn from them and inculcate ethics in their work (Baker& Comer, 2011). In the present report, a financial accountant working at a managerial level hasbeen interviewed face-to-face to understand how the code of ethics impact their work life andattitude toward work. This financial accountant is employed with a private firm. Besides this,research has also been conducted on a professional accounting body to comprehend the issuesthat arise from it and how it polices its codes. SERIES OF INTERVIEW QUESTIONS As the goal of the present report is to investigate how professional behaviour and ethicsimpact individuals in their real work life, hence below mentioned interview questions have beenformed:Q1. Does your company have a well-documented code of ethical conduct and professionalbehaviour?Q2. If your answer to the above question is “Yes”, then what is your awareness level regardingconcerned policies and procedures?Q3. Does your company require ethics training?Q4. Are there adequate procedures in place to report an unethical behaviour?Q5. Is ethical behaviour a norm in your company?Q6. If yes, how does it impact your working attitude and professional behaviour?1
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