Organizational Culture, Management Philosophy And Ethics

999 Words4 Pages
Introduction Organizational culture, management philosophy and ethics in business each have an impact on all areas of the organization; from operations, marketing, and, accounting. No matter the size, industry or level of profitability of an organization, business ethics are one of the most important aspects of long-term success. According to Webster’s dictionary, ethics can be defined as the “rules of behavior based on ideas about what is morally good and bad” these rules influence every aspect of our society (Investopedia, N.D.) (Webster’s, N.D.). While sometimes overlooked, accounting plays a large role in many organizations. Its importance cannot be overstated. “Accountants handle a wide range of privileged and sensitive data in their daily tasks. And because they work with numbers that can have repercussions on bonuses and stock prices, taxes, to name a few areas of influence; they may face ethical dilemmas more often than, other people in the organization” such as, marketing, and operations(McDonald,2014). An analysis of the multifaceted role of accountants is not complete without discussing the duty that it owes to the general public. As a profession that has been granted a privileged position in society, accountants as a whole routinely engage, in a wide range of issues which often require that interest of the public be protected. As a result, it is critical that accountants adhere to the highest level of ethical standards. Unfortunately, that hasn’t always been
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