Purchase Solution

ethics in accounting

Not what you're looking for?

Ask Custom Question

What is an example of a potentially unethical accounting situation? Why is the situation unethical? What is meant by the statement, You cannot teach ethics? How do ethics affect the financial results of a company?

Purchase this Solution

Solution Summary

ethics in accounting is discussed in great detail in this solution.

Solution Preview

What is an example of a potentially unethical accounting situation?
Supposing there are charges to be paid for maintaining connections with other internet/telecommunication operators. These charges are normally expenses. if instead these are capitalized and depreciated over ten years it would be unethical.
Why is the situation unethical?
This situation is unethical because it inflates the earnings of the company and makes the financials look more attractive than they really are. The operating profit and ...

Purchase this Solution


Free BrainMass Quizzes
Six Sigma for Process Improvement

A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.

Introduction to Finance

This quiz test introductory finance topics.

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.