Accounting education and the developement of ethical maturity Essay

Accounting reproduction and the developement of ethical maturity - Essay ExampleOne has to wonder if accounting firms whose p atomic number 18nt company has a byplay relationship with a company they are auditing assimilate lost the true meaning of emancipation when conducting those audits.The current trend toward corporate acquisitions of CPA firms poses potential threats to the autonomy and ethical standards of public accounting professionals. This late(a) consolidation movement suggests that for the low gear time a significant number of public accounting professionals are subject to the supervision and control of nonprofessionals. (Shafer, Lowe and Fogarty 2002 109)The question becomes are professional charted accountants prepared to handle these field of operationss of ethical behaviour, have they been sufficiently trained to do so? In this new millennium even the practice of business has undergone drastic changes of focus that need to be addressed by the educational model. The focus of this look for provide be to analyse the old and new models and fathom what current education has done to address this situation.On of the difficulties in this area is that research in accounting ethics, as previously noted may not be getting the equal treatment it deserves in the educational setting. There is evidence in the research supporting the theory that ethics in academia is not perceived to be an important area to the majority of accounting educators. Therefore ethics in education is in jeopardy of not receiving the indispensable level of effort and interest needed for it to become a primary pillar in the academician accounting community. It has been noted that, accounting ethics research has traditionally been undervalued due to the use of a antithetical research methodology and its relatively recent entry as an appropriate topic for accounting researchers. (Bernardi 2004 145)The first strategy is to view ethics not as a subfield of