Accounting Ethics Term Paper Example | Topics and Well Written Essays - 3750 words

Accounting Ethics - Term Paper Example Modern business world is facing serious problems from different ethical issues in accounting segment. Any kind of ethical problem related to accounting ethics can be the very serious issue for organizations. Here in this study, the problem statement is impacts of different financial fraudulent reporting. It is a very sensitive problem for all size business organizations. Each and every business organization maintains some accounting systems into their business activities. If any fraudulent activity has been indulging into those systems, and then total accounting system will give the false statement. It is very much detrimental to both organization and stakeholders. It is being noticed that due to some personal or narrow benefits accountants or auditors often include fraudulent activities into their accounting process. It is a huge ethical problem from the side of accountants or auditors. Fraudulent financial reporting has negative impacts on organization’s financial health. Or ganizations manage accounting for understanding their financial performances (Charles, 2008). On the basis of that, they fix their future courses of actions. But manipulated accounting prevents them to take proper strategic decisions. It is quite obvious that different strategies will be failure if financial reports are manipulated. It has very serious impact on the future of an organization. Every organization generates some employments. So, fraudulent financial reporting can be very much harmful to employees also.