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Ethical Accounting: The Driver in Recovering Markets

In: Eurasian Business Perspectives

Author

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  • Sandeep Goel

    (Management Development Institute)

Abstract

The unethical behavior by accounting professionals and corporate managers and the resulting growing epidemic thereof is a topic of increasing concern for the regulators and standard-setters worldwide. This assumes significance on account of the recovering phase of economies since global meltdown in 2008. Ethics are a key area of concern in accounting at present on account of series of corporate scandals that have taken place in the world questioning the credibility of the accounting profession and management behavior. The present paper deals with the concept of ethical accounting and highlights the relevance of “ethical” (quality) aspect of accounting (earnings) in financial reporting practices of the corporate. It further discusses its implications on the role of accounting professionals for corporate reporting and the regulatory machinery for its promotion.

Suggested Citation

  • Sandeep Goel, 2019. "Ethical Accounting: The Driver in Recovering Markets," Eurasian Studies in Business and Economics, in: Mehmet Huseyin Bilgin & Hakan Danis & Ender Demir & Ugur Can (ed.), Eurasian Business Perspectives, pages 95-106, Springer.
  • Handle: RePEc:spr:eurchp:978-3-030-11872-3_7
    DOI: 10.1007/978-3-030-11872-3_7
    as

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