ACC541 Wekk 4 DQ Current ethic problems in business can be deterred not solved by legislation

ACC541 Wekk 4 DQ Current ethic problems in business can be deterred not solved by legislation

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Current ethic problems in business can be deterred not solved by legislation. Oversight by regulators can help identify and investigate fraud and corruption. Regulators and law enforcement authority could increase enforcement efforts against organizations and individuals through legislation that would outline specific provisions for organizations and individuals to report and keep reasonable detailed records that
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: accurately reflect business transactions. Legislation would also require organizations and individuals to develop and maintain and internal control system to ensure that transactions are recorded in accordance with rules and regulations. Other tactics that legislation could enforce would be ethical training for employees and management and enforcing harsher penalties and punishment for wrongdoings....
View Full Document

This note was uploaded on 07/15/2011 for the course ACC 541 taught by Professor Chrismoody during the Spring '11 term at University of Phoenix.

Ask a homework question - tutors are online