ROLE OF ETHICS IN ACCOUNTING AND BUSINESS (PART 2 OF 2)

Two factors can go wrong that makes manager and companies do unethical practices.

1. Failure of Individual Character:
An ethical manager and accountant is honest and fair. However, mangers and accountants often face pressures from supervisors to meet company and investor expectations. In many cases, manager and accountant justify small ethical violations to avoid such pressure. These small ethical violations can build up to big violations as the company financial problem start to emerge.

2. Culture of Greed and Ethical Indifference:
By their behavior ad attitude, senior mangers set the company culture. Senior mangers create the culture that is influence through out the organization. If the senior manager is corrupt by greed and indifference. There influence will set the tone of behavior with there coworkers in the workplace.