Here is the synopsis of our sample research paper on MORAL REASONING AND FINANCIAL REPORTING DECISIONS. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 3-pager paper examines the article "The Effects of Moral Reasoning on Financial Decisions in a Post Sarbanes-Oxley Environment," and discusses its relevance to the accounting environment. Bibliography lists 2 sources.
Page Count:
3 pages (~225 words per page)
File: AS43_MTetaccoun.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
been asked to discuss how the concepts relate to the students current or former organization. As there isnt a specific organization given in the assignment, well use a generic one.
Furthermore, weve been asked to relate the article to the weeks assigned readings; but again, there isnt a specific "reading" or "assignment" indicated.
For this paper, the article analyzed is entitled "The Effects of Moral Reasoning on Financial Decisions in a Post Sarbanes-Oxley Environment," written in 2008 by James Maroney and Roselie
McDevitt. The article describes a study the authors put together regarding certification requirements under Section 302 of the Sarbanes-Oxley Act of 2002 and how both the Act and participants level
of moral reasoning impacted the amount of loss recognized through financial statement adjustment decisions. Putting this in plain English, the study tried to assess if CEOs were less likely to
overstate financial statement income because of the perceived deterrence of Section 302. The authors learned, probably to no ones surprise, that the Act "may be an effective deterrent" when it
comes to an overstatement of financial income, especially by those individuals who might have lower levels of moral reasoning. In other words, the fact that these individuals might be criminally
charged for overstating financial statement income in an attempt to make their income statements and balance sheets appear more attractive to investors. The Act, the authors note, was passed partly
in an effort to motivate corporate officers to become more involved with financial reporting decisions - by signing off on financial statements prepared by CFOs and controllers, it was believed
that CEOs and other leaders might be less likely to let errors go by if they had to take responsibility for them. The authors also pointed out that many CEOs
...