unethical practices and behavior in Accounting. Review the effect of the Sarbanes-Oxley Act of 2002 on financial statements.

Identify situations that might lead to unethical practices and behavior in Accounting

The company may distort its accounts in order to make its situation more attractive to current and prospective investors. It may distort its accounts believing that economic conditions will be more promising in the future or equivocating one account with another.

Other situations that may result in unethical practices may be the situation of hiring accountants who, even though they are from an external agency, are paid a bonus to audit the financial records of the organization in a biased way. The organization, too, may reward these auditors in other manners, and so, even if not done overtly, the bribery induces the auditors to lean towards the organization and distort the accounts.

Furthermore, organizational behavior is modeled and influenced by...
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