Personal Code of Ethics
Personal Code of Ethics
I believe that my personal code of ethics compares to the professional code of ethics very similar. I believe that no matter what profession a person is in that they should always be honest and trustworthy as well as have good morals and ethics. My code of ethics is very similar to the professional code of ethics. One of the differences between my code of ethics and the professional code of ethics is that I would not do anything for the profession that would ruin or tarnish my reputation. I have somewhat high standards and I do not like to be thought of in a wrong manner. I have good strong morals to support my ethical thinking. For the most part I believe my personal code of ethics is similar to the unwritten code associated with this career of my choice. Forensic accountants have to be honest and trustworthy. Many people depend on these forensic accountants to do the right thing and to solve any mysteries that have arrived. Forensic accountants are depended upon to solve cases that involve missing finances or reports that just do not add up. The ethical dilemmas that my personal code of ethics helps to resolve is for example my ethics would make sure that I reported finances that were missing or misplaced so that the finances can be accounted for. My morals and ethics would also prevent me from taking finances and stealing them as well as not taking bribes from clients to keep information quiet. There could be so many ethical dilemmas to face in this career and I am sure some of them can be difficult to decide on but with the right morals and ethics all dilemmas can be resolved. Forensic Accountants investigate frauds of all natures. I have found an example of such kind of case. For example; “In 1996, a city manager in California’s Contra Costa County became suspicious when a local disposal service company asked for help keeping itself afloat. Orinda-Moraga Disposal Services wanted to raise rates on its customers and needed the Contra Costa Sanitation Districts approval. However, the company had recently stated its desire to lower rates. The wary city manager hired forensic accountant Dan Ray to uncover the truth. After examining Orinda-Moraga’s records Ray discovered that the company sent checks to non-existent people at several companies that had fake addresses. The disposal company’s owner deposited the checks into an account. He had created these companies to illegally siphon money from Orinda-Moraga, and inflated its business costs to justify the rate increase. Ultimately, Orinda-Moraga’s owner and his partner were found guilty in civil and criminal suits” (Freeman, 2010). This is a perfect example of what kind of work is involved in forensic accounting. This is just one of many stories that has peeked my interest in this career. As far as characterizing the ethical framework used to construct my personal code of ethics goes, that would be a difficult decision for me because I have seen a little bit of each of the frameworks in all of my decisions I have ever made. I do believe that my personal code of ethics seems to match the ethical standards required for the career that I have chosen to be interested in. I believe this because I believe I have what it takes to be an honest, trustworthy citizen that can handle any ethical dilemmas that come my way. One reason why it is so important to have good ethics is because forensic accountants sometimes have access to sensitive information pertaining to the clients such as social security numbers and bank account numbers, which is easy to get access to. When something unethical happens in a career field gets a closer look at. The trust is usually gone after that. A lot of the time forensic accountants get hired in cases that are being processed through the courtroom and therefore have to be trusted. Forensic accounting is more than accounting and more than detective work it’s a combination of both. Characteristics...
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