Accounting Ethics and the AICPA Code of Professional Conduct: A View Through the Lens of Ethical Theory
Abstract
A great deal of attention has been paid in the last several decades to improving the ethical decisions of public accountants. A variety of approaches to meeting this goal have been advanced, from increasing the coverage of ethics in the classroom, to improving the effectiveness of regulatory responses to breaches in ethical conduct. Little attention has been paid to researching accounting ethics from the perspective of ethical theory. This thesis adds to the relatively thin body of research in that area. Chapter one briefly covers the history of accounting ethics in the United States, from the organization of the American Association of Public Accountants in the early 20th century, to the relatively recent scandals surrounding Enron, WorldCom, and Arthur Andersen. This brief history is followed by an overview of the regulatory approach to improving ethical conduct, which leads into a discussion of the study of professional ethics in accounting and the importance of professional codes of ethics in regulating behavior. The background of the AICPA's Code of Professional Conduct and several criticisms of the Code are then discussed. Chapter two offers a rationale for applying a framework of ethical theory to the study of accounting ethics, and discusses an important limitation of that approach. Chapter three presents an overview of those ethical theories most directly applicable to the study of accounting ethics, which will serve as a foundation for the analysis presented in chapter four. Chapter four analyzes the AICPA's Code of Professional Conduct from the perspective of the ethical theories presented in chapter three. Finally, chapter five offers several suggestions for enhancing the moral reasoning skills of public accountants and accounting students.
Notes
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Thesis Completion
2009
Semester
Spring
Advisor
Roberts, Robin
Degree
Bachelor of Science (B.S.)
College
College of Business Administration
Degree Program
Accounting
Subjects
Business Administration -- Dissertations, Academic;Dissertations, Academic -- Business Administration
Format
Identifier
DP0022688
Language
English
Access Status
Open Access
Length of Campus-only Access
None
Document Type
Honors in the Major Thesis
Recommended Citation
Booth, Lalita D., "Accounting Ethics and the AICPA Code of Professional Conduct: A View Through the Lens of Ethical Theory" (2009). HIM 1990-2015. 814.
https://stars.library.ucf.edu/honorstheses1990-2015/814