Purchase Solution

Definition of Integrity in Accounting

Not what you're looking for?

Ask Custom Question

Integrity Discussion

The American Heritage Dictionary defines integrity as "a rigid adherence to a code or standard of values; a state of being unimpaired; soundness; the quality or condition of being whole or undivided." One acquires integrity through a variety of sources.

In your discussion of the topic, discuss what it means to have integrity. What characteristics should an accountant exhibit for someone to say that he/she is a person of integrity? Also, discuss how an individual acquires integrity.

Purchase this Solution
Solution Summary

This solution discusses the concept of integrity, explaining real world examples of integrity in accounting.

Solution Preview

Integrity is simply a consistency and honesty within a system and it should be the organizing principle for accounting practices in a firm. It is the quality from which the public trust derives and the benchmark against it. An accountant can consider someone as a person of integrity if he/she consistently applies accounting policies and procedures of the organization, reports a true and fair view of the organization's financial position and performance and complies with the ...

Solution provided by:
Umut Oltulu, MBA
Education
  • BSc, Dokuz Eylul University
  • MBA, Texas A&M University-Kingsville
Recent Feedback
  • "Thanks"
  • "Thanks"
  • "This is a great help...Thank you"
  • "Thanks for the advice!"
  • "Oh my gosh u are awesome... A++"
Purchase this Solution
Free BrainMass Quizzes
Income Streams

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

Managing the Older Worker

This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

View More Free Quizzes
Related BrainMass Solutions

  • Enron and Virtues

    For example, you might choose "integrity," in which event you will define what is meant by integrity, followed by a discussion of how the lack of integrity on the part of Enron's leadership contributed to the company's accounting fraud.

  • WorldCom: types of power bases used

    The threat of punishment was also used. The WorldCom's controller threatened to fly in from the company's headquarters to change accounting entries.

  • Accounting Ethics Importance

    /examples-ethics-accounting-32640.html http://smallbusiness.chron.com/accounting-ethics-integrity-standards-24246.html * Accounting ethics, importance and effects * Effects of the Enron scandal * Definition of disclosure * Disclosure explained further

  • Accounting Information Systems, Internal Control, and Fraud

    The definition of effective control over fraud is probably best: 1. When systems are in place and monitored, 2. When employees understand the extent of the systems, 3. When management people have integrity 4.

  • Plagarism and Integrity

    127815 Ethics: Definition of Plagiarism & Integrity in Business Provide a definition of plagiarism. Explain why integrity is important to maintain regardless of the field/business. Please see response attached, which is also presented below.

  • Journalistic Integrity

    112980 Journalistic Integrity Identify a definition of journalistic integrity. Examine policy guidelines for journalistic integrity utilizing the internet. Draft a policy guideline that you believe is important for practitioners in this field.

  • Relevance of ethics in finance and accounting

    Those who work in the field of accounting must not only be well qualified but must also possess a high degree of professional integrity.

  • Behind the Enron Scandal

    In the absence of specific rules, standards, or guidance, or in the face of conflicting opinions, a member should test decisions and deeds by asking: "Am I doing what a person of integrity would do? Have I retained my integrity?"

  • Accounting for Non-Accountants

    Technology has resulted in improving the efficiency and effectiveness of the accounting profession.

View More Related Solutions