Business and Professional Ethics

Description

In the wake of ethical scandals and close ethical scrutiny throughout business and the accounting professional today, Brooks/Dunn's BUSINESS & PROFESSIONAL ETHICS, 9E provides the ethical insights and strategies you need for corporate and professional success. Learn why ethical behavior is so important and how to recognize potential pitfalls that involve much more than memorizing rules. You master the skills to develop a corporate culture of integrity that maintains stakeholder support and enables directors and auditors to complete their jobs. You also learn how to use ethical strategies to make decisions, as this edition examines the latest information on governance scandals, legal liability and professional accounting and auditing issues. More than 130 cases and readings highlight new and classic cases of fraud, bankruptcy and unprofessional practices to help you better understand appropriate codes of conduct and sound ethical reasoning while strengthening your persuasive and leadership skills for success. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version. Cover Dedication About the Authors Contents Preface Overview of the Book Chapter 1: Ethics Expectations The Ethics Environment for Business: The Battle for Credibility, Reputation, & Competitive Advantage New Expectations for Business Responses & Developments The Ethics Environment for Professional Accountants Managing Ethics Risks & Opportunities Questions Reading Insights References Case Insights Cases Involving Improper Behavior Advertising & Sales Promotion Cases Cases Involving Financial Transactions Cases Involving the Control of Information Cases Concerning the Environment Product Safety Cases Accounting & Auditing Cases Chapter 2: Ethics & Governance Scandals Ethics & Governance: A Time Line of Important Events Ethics & Governance: The Early Developments Prior to 1970 Ethics & Governance: 1970-1990 Ethics & Governance: The Modern Era-1990 to the Present Significant Ethics & Governance Scandals & Events Signs of Ethical Collapse Ethics & Governance: Trends Ethics & Governance: Timetables of Important Events, 1929-2019 Useful Videos & Films Questions Case Insights Chapter 3: Ethical Behavior-Philosophers' Contributions Ethics & Moral Codes Ethics & Business Self-Interest & Economics Ethics, Business, & the Law Major Ethical Theories Useful in Resolving Ethical Dilemmas Moral Imagination Questions Case Insights Useful Video & Film References Cases Involving Improper Behavior Chapter 4: Practical Ethical Decision Making Introduction Motivating Developments for Ethical Learning Ethical Decision Making Framework-An Overview Philosophical Approaches-An Overview: Consequentialism (Utilitarianism), Deontology, & Virtue Ethics Sniff Tests & Common Heuristics-Preliminary Tests of Ethicality Stakeholder Impact Analysis-Comprehensive Tool for Assessing Decisions & Actions Stakeholder Impact Analysis-Modified Traditional Decision-Making Approaches Integrating Philosophical & Stakeholder Impact Analysis Approaches Other Ethics Decision-Making Issues A Comprehensive Ethical Decision-Making Framework Conclusion Questions References Illustrative Applications & Case Insights Chapter 5: Corporate Ethical Governance & Accountability Modern Governance & Accountability Framework-To Shareholders & Other Stakeholders Threats to Good Governance & Accountability Key Elements of Corporate Governance & Accountability Conclusion-Toward a Culture of Integrity Questions Case Insights Reading Insights References Cases on Ethical Corporate Culture Cases on Ethical Leadership Cases on Bribery Cases on Corporate Governance & Managerial Opportunism Cases on Fraudulent & Questionable Financial Reporting Criminal Charges for Fraud Dismissed Stock Market Cases Cases on Product Safety Appendix A: Alternative Governance Theories Chapter 6: Professional Accounting in the Public Interest Professionalism for Accountants Professional Accounting's Traditional Role Historic Shortfalls in Meeting Professional Expectations Professional Accounting and the Public Interest New Noclar Standards Implications for Services Offered Professional Codes of Conduct Laws & Jurisprudence Moral Courage Is Vital to Professional Accounting: Globalization Heightens the Requirement When Codes & Laws Do Not Help Broadening Role for Professional Accountants Conclusion Questions Reading Insights Case Insights References Famous Cases Professional & Fiduciary Duty Cases Accounting & Auditing Dilemmas Fundamental Accounting and Auditing Issues Cases Tax and Regulatory Cases Chapter 7: Managing Ethics Risks & Opportunities Ethics Risks & Opportunities Identification & Assessment Ethics Risks & Opportunities: Management & Mitigation Ethics Risks & Opportunities: Effective Stakeholder Relations Ethics Risks & Opportunties: Stakeholder Accountability Ethics Risks & Opportunities: Key Risk Issues & Tools Conclusion Questions Case Insights Reading Insights References CSR Cases-Environmental Issues Workplace Ethics Cases-Discrimination and Abuse Workplace Ethics Cases-Spying Workplace Ethics Cases-White-Collar Crime Bribery & International Operations Cases Risk & Crisis Management Cases Appendix A: Ethics Audit Program Annual Audit Questions Chapter 8: Subprime Lending Fiasco-Ethics Issues The Economic Train Wreck-A Global Disaster Stages of the Subprime Lending Fiasco How Did the Subprime Lending Crisis Happen? Ethics Issues-The Subprime Lending Fiasco Ethics Lessons Questions Case Insights References Index