Ethics and Business in Accounting Case Study by Nicky

Ethics and Business in Accounting
A case study on the ethical practices of accounting.
# 149432 | 2,282 words | 3 sources | APA | 2011 | US
Published on Dec 14, 2011 in Accounting (General) , Ethics (General)

$19.95 Buy and instantly download this paper now


This paper is a short case study on the ethical practices in accounting and business related positions. Using two characters, Employee 1 and Employee 2, the writer presents a series of scenarios in the workplace. The scenarios consists of situations where employees must evaluate decisions people, companies or customers made that are against the accountants ethical obligations.

From the Paper:

"The same self-interest is what encouraged employee to finally disclose the situation during the formal investigation into the company. The employee showed little consistency in his personal ethics, as he followed only what the situation dictated.
"This behavior indicated that Employee 1 adhered to a contingency theory of ethics. He did whatever the situation demanded in order to preserve his own self-interest. Initially, he acted in the interest of the company, as this was also in his self-interest. He was not able to disclose the ethical misconduct of the company, as there was no system of confidential reporting. Disclosure would have meant that he was ostracized at best or terminated at worst.
"Once the investigation started, Employee 1's self-interest dictated that he cooperate with
the investigation, as well as implicate others who were involved with the fraudulent activity. Rather than a sense of personal ethics, his previous actions indicate that this was also based upon self-interest. Not cooperating would have meant a possible prison sentence or other forms of prosecution. This would have badly affected Employee 1's reputation as an accountant and the possibility of obtaining another job. Employee 1 therefore acted in his own self-interest according to the dictates of the changing situations involved."

Sample of Sources Used:

  • Eikner, E. (2004). Accounting Principles for Ethics Cases.
  • Schweikart, James A. Cognitive-Contingency Theory and the Study of Ethics in Accounting. Journal of Business Ethics.
  • Smith, Katherine T. & Smith, L. Murphy. (2003, June 21). Business and Accounting Ethics.

Cite this Case Study:

APA Format

Ethics and Business in Accounting (2011, December 14) Retrieved February 24, 2024, from

MLA Format

"Ethics and Business in Accounting" 14 December 2011. Web. 24 February. 2024. <>