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Under the financial crisis to rebuilding
accounting
occupation ethics question
research literature review
徐珊珊
The
financial
crisis
has
become
an
indisputable
fact,
accounting
occupation morals
got be pounded badly, be placed in jeopardy of
accounting
integrity.
The
accounting
personnel
in
the
country,
social
interests
and
the
interests
of
individual
units,
conflicts
of
interest,
not
the
interests
of
the
temptation of forgery,
alteration in accounting information or collusion,
lost the
basic concept of legal system,
in order to meet their own selfish desires and
make
the
non
moral
behavior,
these
are
serious
impact
on
accounting
occupation
and
the
accounting
information
reliability.
Therefore
we
must
strengthen
the
accounting
occupation
morals
construction,
establish
and
perfect
the
accounting,
auditing
and
relevant
law
laws
and
regulations,
strengthen
the
audit
organization
and
the
supervision
of
public
opinion,
to
strengthen
the
accountant
occupation
morals
education
and
continuing
education.
The
financial
crisis,
it
is
to
point
to
a
country
or
several
countries
and
regions
all
or
most
of
the
financial
indicators,
sharp,
and
ultra-short-cycle
deterioration. The accounting
occupation morals is the accounting occupation
activities that should be followed,
reflect accountant occupation characteristics
of
occupation
code
of
conduct
and
norms.
The
financial
crisis
as
catalyst,
which
have
been
faced
with
the
serious
challenge
of
accounting
occupation
morals
bottom
line
faced
collapse,
especially
small
and
medium-
sized
enterprises
in
China
faces
sharp
decline
in
the
volume
of
trade
and
capital
shortage of the double pressure,
serious influence to the environment for the
survival
and
development
of
small
and
medium-
sized
enterprises.
The
outbreak of the financial crisis that
causes, causes the enterprise market risks
increase, contradiction of supply and
demand increasingly outstanding, market
atrophy
caused
by
poor
liquidity,
appeared
the
phenomenon
of
serious
run
behind one's expenses; at the same
time, the bank strengthened the business
loan
recovery
efforts,
making
enterprises
financing
channels
are
affected,
resulting in low
economic benefits of business. The enterprise
assets shrunk,
so will the financial
statements will cover some substantial losses,
especially
the
listed
companies
is to
resort
to
every
conceivable
means for
accounting
fraud.
The
distortion
of
accounting
information
has
become
a
widespread
phenomenon,
make
the
accounting
integrity
system
has
been
questioned,
investors
lost
confidence,
rethinking
the
accountant
occupation
moral
construction
problem
is
crunch
time.
But
accountant
occupation
moral
deterioration also
exacerbated by the outbreak of the financial
crisis.
What is ethical accounting? The
idea of accounting ethics deals with the
moral and values-based judgments and
decisions an accountant or accounting
agency
confront
daily
in
their
practice.
Due
to
the
nature
of
their
work
as
communicators of financial
information
to
business
managers,
shareholders,
and the general public,
as well bookkeeping and auditing of business
entities,
accountants
and
accounting
agencies
are
held
to
the
highest
standards
of
transparency and morality in regards to
their research and the information they
convey. Accounting can be used as a way
to study how and why a business
may
succeed or fail, but above all it is a public
service; those who practice it
must
make
judgments
and
decisions
that
can
sometimes
supersede
the
interests of their
clients in favor of the interests of the public at
large.
Failure to apply ethical
standards to accounting creates the opportunity
for
manipulation of facts and
information that, if used to mislead, could cause
a
person to invest under false
pretenses, or a business to represent its finances
fraudulently to its shareholders. It is
of the utmost importance that the public be
able to trust accountants and
accounting, because their financial future, and
that of their family or business, could
be at stake.
As
an
accountant,
you
are
going
to
come
face-to-face
with
plenty
of
ethical
issues.
Deciding
whether
someone's
business
practices
and
their
actions are ethical is
something that can be fairly difficult, but
holding ethical
standards
is
a
vital
part
of
your
job.
Many
people
in
the
accounting
and
banking industry often
find it hard to recognize a serious ethical
problem. It is
not that they are
unethical people, but frequently they are simply
aware that an
ethical problem is
presenting itself. Nearly everything that you do
in your line of
work has an ethical
side of things.
Why is it important
that accountants and accounting firms be ethical?
You
hold
a
very
important
role
in
each
customers
and
companys
life .
Accountants
play
a
key
part
in
keeping
the
integrity
and
credibility
of
their
clients.
Accountant
must
be
not
only
competent
at
his
job
like
every
other
worker,
but
he
must
hold
the
knowledge
and
experience
to
keep
his
professionalism, even at the most
difficult g your clients integrity
means that you have to communicate
deeply to avoid all problems, and make
sure that everyone knows what is going
on with their own finances. Sometimes
people forget that confidentiality is
the strength of any professional accountant,
and
it
can
be
hard.
You
must
keep
your
clients
information
completely
confidential
unless
the
other
party
has
a
legal
right
to
view
it.
It
can
be
uncomfortable
to
face
that
sort
of
the
years
there
have
been
several
large
accounting
scandals
in
the
United
States,
and
in
the
world
at
large,
which caused private investors and public
shareholders to lose billions
of
dollars,
and
giant
businesses
and
accounting
firms
to
fold,
because
of
falsified
or incorrect
information
given
out
about
the
companies
in
which
the
money
was
invested.
The
Enron
scandal
is
perhaps
the
most
recent
and
glaring example of unethical accounting
causing widespread negative effects,
including the loss of $$25 billion in
shareholder assets, the closure of the Arthur
Anderson
auditing
firm,
and
the
subsequent
loss
of
85000
jobs
when
the
unethical practices were reported and
the company dissolved.
I
do
not
think
I
am
going
to
face
any
ethical
issues?
You
might
think.
I
know
what I would do if I were faced with a hard
choice. Think again, because
as an
accountant, you are going to face countless issues
that require you to be
clear headed and
of sound judgment. More people then you think
attempt to
take the unethical route,
and lie to their example, going through
the
records
of
your
firm,air
max
90,
you
stumble
on
a
huge
discovery
,
a
coworker is withholding money from the
firm, and has been for a while. How do
you approach this situation? The most
likely solution is to follow your own firms
policy to resolve the issue. Every firm
has some sort of ethical guidelines that
state how to react and treat a
situation like this. Maintaining a professional
and
ethical business practice should be
the firms main for some reason
your
firm
does
not
have
a
policy
that
dictates
how
you
should
treat
this
situation, your
responsibility is to go to your manager. If you
feel that he is also
part of the issue,
then you need to go to the next level of
management.
When trying to work with
these ethical issues and resolve them, you as an
accountant
and
an
employee
of
a
firm
must
understand
your
businesses
strategies, and
motivations. If you are worried that you yourself
may be at risk
for some sort of ethical
dilemma, then the best option is to call your
personal
attorney.
He
can
assist
you
in
looking
at
your
options,
and
with
your
best
interest guide you towards a good you
feel that you cannot work with
your
firm anymore due to ethical conflicts, do not feel
bad giving notice for that
reason
and
leaving.
If
the
situation
is
pressing,
or
if
the
concerns
are
high
enough,
this
is
a
very
valid
er
that
it
is
your
duty
as
an
accountant to withhold the integrity of
not only your clients business practices,
but your own. Many people are not as
morally sound as idealists would like to
believe, and where money is concerned,
there will always be someone trying
to
outsmart you.
Ethical
accounting
is
not
only
important
to
private
businesses
or
individuals for reliable
information about
their
respective
financial states,
but
has a responsibility to
the public to provide transparent evaluations of
publicly
held
business
entities.
Ethical
accounting
can
help
eliminate
the
serious
problems
raised
when
incomplete
or
incorrect
information
about business
or
individual
is
disseminated,
saving
money
and
jobs
and
helping
to
increase
stability in
financial markets,