ACC 557 Week 6 DQ 2

May 8th, 2015
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ACC 557 Week 6 DQ 2

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ACC 557/Week 6: DQ 2Are ethics important to the accounting profession? Explain your answer.In short: yes and I assume that it would not be part of our curriculum if it was not so crucial. Why is it important?The high profile accounting scams led to loss of billions of dollars in market price for shareholders. But, the loss of trust in the dependability of fiscal reporting as well as responsibility of management was inflicted a much more serious damage to the faltering economy. Ethics plays a vital part that management doesn't misuse their access to insider info and they provide a real a

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