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Essay Available:
Pages:
1 page/β‰ˆ275 words
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2 Sources
Style:
APA
Subject:
Accounting, Finance, SPSS
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 5.27
Topic:

Occupational Fraud and Whistle Blowing of an Accountant or Auditor

Essay Instructions:

This second week we study examining fraud in financial statements along with preventive measures. We discuss the importance of compliance, integrity, and ethics in the workplace. We build our understanding of ethical accounting by examining specific cases and effects that demonstrate the importance of fostering an ethical “culture” in a company and its various functions.
Respond to the following in a minimum of 175 words:
Do you believe that employees who observe more occupational fraud in their organizations are more likely to engage in it themselves? Give 3 reasons to support your argument.
Just because an accountant or auditor has a right to blow the whistle, does that mean they should blow the whistle? How might she make that determination?

Essay Sample Content Preview:

Fraud in Financial Statements Discussion
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Fraud in Financial Statements Discussion
It is highly possible that those employees observing occupational fraud in their organization are likely to engage in the fraud themselves (Nawawi & Salin,2018). First, they have a good opportunity to engage in it. Most can access financial information, while others can manipulate accounting records. When an observer sees a colleague or a supervisor engaging in fraud and is not caught or punished, they see it as a good opportunity to do it better. Secondly, the employee may be pressured to commit fraud due to financial needs, desire for personal gain, and motivation when they see others benefiting financially. All that may lure them into committing fraud also to benefit. Thirdly, an employee may rationalize a fraudulent behavior once they see others doing the same and justify their fraud. However, some good employees still will not engage in fraudulent behavior as they have strong ethics and a sense of professiona...
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