Sample Essay on:
Internal Auditing Fraud

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Essay / Research Paper Abstract

7 pages. Ethical decision-making goes hand in hand with sound business judgment, yet this is not a concept always followed. The very purpose behind ethical behavior has some people stumped as to its true intention; while some believe it instills the foundation of good business, others contend that it brings out nothing more than "an absolutist, rigid set of constraints that violate one's sense of independent judgment" (Ruin, 1997, PG). Bibliography lists 7 sources.

Page Count:

7 pages (~225 words per page)

File: D0_JGAwcom.rtf

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Unformatted sample text from the term paper:

true intention; while some believe it instills the foundation of good business, others contend that it brings out nothing more than "an absolutist, rigid set of constraints that violate ones sense of independent judgment" (Ruin, 1997, PG). In truth, ethics in accounting represent moral perspective, which, while having a universal theme, is still quite interpretational. In spite of the fact that each person reserves his or her own value determination with respect to ethical behavior -- which stands for "the character and values that determine the identity and goodness of an individual or group" (Ruin, 1997, PG) -- there still remains a significant void between what some consider to be morally acceptable and what others believe to be otherwise, especially in instances such as Worldcom. Distinguishing these moral and ethical actions presses one to determine if the actions are right or wrong based solely upon to what one is accustomed. This, then, begs the question that asks what denotes right and wrong? Unlike in other social circles such as Worldcom where ethical behavior is dependent upon the social customs imbedded in such actions, Beauchamp et al (1996) indicate that there exists a clear path of morality to follow when it comes to the corporate world. Not to follow this path would reap severe consequences upon the business that ignored the inherent responsibilities associated with corporate commerce. Worldcom, of course, is an excellent example. "The moral argument that helps managers choose among competing duties based upon the best consequences must inevitably oblige managers to do that which is best. Discussions about stock price movements, instrumental ethics, and shareholder wealth obscure the true moral argument" (Beauchamp, 1996, 22). Because of the number of regulations and translations of such, many specialized fields have come into ...

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