Ethical Issue in Business

Document Type:Essay

Subject Area:Business

Document 1

Some of the ethical issues addressed are Fraud accounting practices, Cultural differences or diversity, and decision-making issues which are crucial in an organization. Fraudulent accounting practices happen in an organization when the employees are focused personal gains rather anything else in the long run. The management or other professional may misuse funds meant for organization’s tasks through giving different accounting information on the utilization of the funds. When an organization is faced with issues of fraudulent methods in the accounting practices, most individuals and organizations may serve differently from people’s expectations hence leading to mistrust. The organization should ensure that such practices are clearly addressed to cater for the continued success of the organization. The organization to ensure that such practices are considered important and dealt with so as to maximize the productivity of the employees.

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