Acc 291 Week 5

Effect of Unethical Behavior Article Analysis

Effect of Unethical Behavior Article Analysis

Many occupations have the potential for unethical behavior in the workplace. The accounting profession specifically can have an enormous impact on an organization. In many cases this impact can affect other companies and even the general public.

Unethical behaviors in the accounting industry are often difficult to detect. Some of the more common items include understating or not reporting liabilities, exaggerating income or other revenue, understating operating or other expenses, and exaggerating assets. These behaviors also include kickbacks, insider trading, embezzlement, and bribery. With individuals, the most common items are misuse of funds and providing misleading information on...