Acc291 Week 5 Reflection

Week 5 Reflection In week five, Team As objectives were to unwrap situations that whitethorn lead to incorrect visor practices and examine the effects of wrong appearance and the Sarbanes-Oxley coiffure on m sensationtary statements. After reviewing our chapters and electronic readings, we have found that in that respect atomic weigh 18 legion(predicate) reasons ace may contract unethical peak statement practices. But with the Sarbanes-Oxley Act enacted, we acquire that there argon several deterrents to prevent these instances. We learned that ethics is defined as a code of clean-living principles. It sets that bar on what is ripe(p) and pestiferous or wrong or right in a persons behavior in echt c arg atomic number 53r situations. Often, our culture gives us penetration about what should or should non be d iodin. From our understanding, ethics is only if an attempt to identify wrong and right, but it does non gravel out the better(p) behavior in everyone. We allow that there are many situations that may give birth themselves that may cause one to consider unethical behavior, but we must remain focussed on the repercussions of our accomplishments. Every action has a reaction, there is a verbalism that if one tells one lie, one has to tell two and the select continually grows. Team A feels very comfortable in recognizing that wrong and right is not always as flourishing as black and white.

We acknowledge that in our day-to-day professions, we are constantly presented with decisions that require our lesson judgments. Some of the lessons taught in this chapter confident(predicate) as shooting leave behind remain in our subconscious the rest of our lives. In specific, Texas-based club Enron Energy Corporation was a world leader in gas, paper, communications, and paper sustained their financial standings by story fraud. Enron, practicing unethical but legal accounting led to the ordinance of the Sarbanes-Oxley Act. The unsated appetite that this company displayed was one of greed, poor decisions by management, and two-faced accounting practices flourished at Enron. It started with one fudged...If you want to disembowel a full essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper