Ethics in Finance and Accounting

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Ethics in an organization is very essential whether it is in the area of finance, marketing, customer service or accounting. According to Wikipedia, ethics can be define as “a major branch of philosophy in the study of values and customs of a person or group. It covers the analysis and employment of concepts such as right and wrong, good and evil, and responsibility”. Ethics can be divided in three areas, the meta-ethics (the study of the concept of ethics), the normative ethics (the study of how to determine ethical values and the applied ethics (the study of the use of ethical values)…. An article that is written by Richard A Bernardy and David F Bean title Ethics in “Accounting Education: The Forgotten Stakeholders” talks about comments that were received from the National Association of State Boards of Accountancy (NASBA) that need to be review and address appropriately. The NASBA request for 30 students from a private college in New York State to give his or her ideas on ethics and to support their decisions if ethics should be teach in school. On a two-to-one ratio the students who are involved in accounting were in favor of the NASBA proposal for additional ethics courses to be teach in colleges so that it gives an individual the opportunity to have the good values when he or she venture out in the corporate world.

Some of the students that were involve in this survey had different views whether ethics should be taught in school. In the opinion of a working individual, ethics should be taught in school due to a person will be able to accept the values and customs of work ethics and of each other. This will create a more subtle environment for everyone to communicate and be treated with respect. At Aetna, ethics is very important in the workplace. Every employee are treated with the respect and the custom as well as the value are recognized of each individual. The managers as well as the supervisors has to have good ethical...
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