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Will and Caroline: Accounting, professional integrity and lobbying

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  • Jelinek, Kate

Abstract

The purpose of this case is to increase familiarity with professional integrity, as described in the AICPA’s Code of Conduct, and enhance understanding of how integrity might influence the behavior and conduct of both accountants and accounting firms. Against the backdrop of integrity, the case aims to encourage critical thinking and consideration of whether there is a potential conflict between integrity and accounting firm lobbying. Using an example that mimics the conflict minerals provision (Section 1502) within the 2010 Dodd-Frank Act, this case engages students through an interaction featuring Will and Caroline, two staff auditors discussing the issue of professional integrity while taking a break from CPA Exam studying. Pre- and post-test student responses provide evidence that the case effectively enhances knowledge of the professional integrity section of the AICPA’s Code of Conduct, understanding of how integrity relates to the behavior of accountants and accounting firms and familiarity with the subject of accounting firm lobbying.

Suggested Citation

  • Jelinek, Kate, 2018. "Will and Caroline: Accounting, professional integrity and lobbying," Journal of Accounting Education, Elsevier, vol. 43(C), pages 76-88.
    • Handle: RePEc:eee:joaced:v:43:y:2018:i:c:p:76-88
    DOI: 10.1016/j.jaccedu.2018.04.001
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    References listed on IDEAS

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    1. Roberts, Robin W. & Dwyer, Peggy D. & Sweeney, John T., 2003. "Political strategies used by the US public accounting profession during auditor liability reform: The case of the Private Securities Litigation Reform Act of 1995," Journal of Accounting and Public Policy, Elsevier, vol. 22(5), pages 433-457.
    2. Jelinek, Kate, 2015. "Between a rock and a hard place: Conflict minerals and professional integrity," Business Horizons, Elsevier, vol. 58(5), pages 485-492.
    3. Thornburg, Steven & Roberts, Robin W., 2008. "Money, politics, and the regulation of public accounting services: Evidence from the Sarbanes-Oxley Act of 2002," Accounting, Organizations and Society, Elsevier, vol. 33(2-3), pages 229-248.
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    Cited by:

    1. Michael E. Doron, 2023. "Could Accounting Have Saved Itself from the Antitrust Laws?Revisiting the Antitrust Investigations into the US Accounting Profession 1966–1990," Abacus, Accounting Foundation, University of Sydney, vol. 59(3), pages 847-871, September.
    2. Golden, Joanna & Kohlbeck, Mark, 2020. "Addressing cheating when using test bank questions in online Classes," Journal of Accounting Education, Elsevier, vol. 52(C).

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