Unethical Behaviour by Financial Reporters in an Organization

In order for the directors and executives in any company to know that their employees are acting in an ethical manner, they need a defined

Ethics is defined as moral principles that administer a person’s behaviour. It is the basic perception and essential principle of decent human conduct. Issues concerning unethical approach are known as ethical issues.

We as business owners, management and or in a role of authority must set, address and comply with a solid foundation of ethics. “A code of conduct is the single most important element of your ethics and compliance program. It sets the tone and direction for the entire function. Often, the code is a standalone document, ideally only a few pages in length. It introduces the concept of ethics and compliance and provides an overview of what you mean when you talk about ethical business conduct.”

formal policies and procedures and agreed ways of working; these are bound by contracts of employment and have codes of

Take the lead to ensure that the following departments, Field Service, Customer Service and Complains are using CODE1 compliance computers

1. The main legal requirements that need to be considered, including Codes of Practice, explain the impact that these have on the organisation.

The code helps us manage issues that may arise in the field that we may not know how to handle.

with which you must be compliant. When creating or implementing contracts you must be cautious as to the

Being federally compliant means that you have implemented and practiced the seven components of the OIG’s Compliance Program Guidance. To be compliant with federal standards within the company, the management has designed the following into our policies and practice. Internal auditing will occur on all claims prior to submission. The compliance and practice standards for coding are documented on the company intranet and SharePoint document site. This information is reviewed and updated biannually in December and June.

Ethics is the process of doing right or wrong. It assists a person in the deciding if something is moral or immoral or if it is socially desirable (Dess, McNamara, & Eisner, 2016, p. 368). A person can get his or her ethics from religious beliefs, heritage, family, the community, education and friends. Organizational ethics is the values, attitudes and behavioral patterns defined by the organizations culture. Organizational ethics determine what is acceptable behavior.

Ethical behavior is behavior that a person considers to be appropriate. A person’s moral principals are shaped from birth, and developed overtime throughout the person’s life. There are many factors that can influence what a person believes whats is right, or what is wrong. Some factors are a person’s family, religious beliefs, culture, and experiences. In business it is of great importance for an employee to understand how to act ethically to prevent a company from being sued, and receiving criticism from the public while bringing in profits for the company. (Mallor, Barnes, Bowers, & Langvardt, 2010) Business ethics is when ethical behavior is applied in an business environment, or by a business. There are many

Ethics are the “standards of conduct that indicate how one should behave based on moral duties and virtues.”

Today’s business world presents numerous ethical issues. In today’s world above board/moral ethics in organizations do not often materialize intuitively. Organization must strive to provide employees with a clear understanding of the overall company vision. This will aid employees in practicing the code of ethics, policies and procedures in the workplace. Companies must be unwavering in continuously delivering the uppermost ethics of provision in which customers, applicants and employees are entitled to under fair business practices. One major core value is to uphold responsible and fair business practices.

You should understand these three aspects in relation to your business. For example, the cost of implementation can vary depending on the industry you operate in and the business model you are using.

Ethical behaviour is what all career people should aim to have. Not just the ethical attribute but exceptional behaviour with this regard.this is because in order to build a career, one must be governed by the rules of ethics to safeguard oneself and others. Ethics are essential in the workplace because a tough ethical code provides a non-threatening environment with high