As you prepare for future employment perhaps as an accountant, after viewing the lecture, why do you feel there is a high public expectation for accountants to be ethical? This is just as important for a personal accountant as it is in the corporate world. Why is this? Companies in the last decade have disappointed many stockholders when it was uncovered that their accounting principles had been less than ethical. What are some of these companies, and what were their unethical accounting practices?

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Answer Ethics and the importance of ethical decision making have taken on increasing significance be... View the full answer