Finance

Finance
Accounting is the information system that measures business activities, processes that information into reports, and communicates the results to decision makers. "Accounting is often called the language of business"(Horngren, 1999). Within the "language of business" ethical behaviors are and should be monitored. The Financial Accounting Standards Board (FASB) monitors the accounting professionals. These accounting professionals hold positions such as the American Institute of Certified Public Accountants (AICPA), Institute of Management Accountant (IMA), Certified Public Accountants, and Certified Management Accountants. The Values added: Rules and values in ethical decision making article discusses four steps to ethical decision making of which will be discussed in its entirety later on in the paper. The article demonstrates through the process of ethical accounting rules this could help the employee and the organization. In the event that it does not help the employee, ...