Accounting Theory: An Ethical Perspective of Real Life Scenarios

Authors

  • Shivneil Kumar Raj Assistant Lecturer in Accounting The University of Fiji
  • Sandhiya Roy University of Fiji

DOI:

https://doi.org/10.18533/ijbsr.v6i10.1006

Keywords:

Ethical Egoism (EEG), Ethical Elitism (EEL), Ethical Parochialism (EP), Ethical Universalism (EU)

Abstract

Decisions are made daily in businesses and individuals do encounter situations where they are faced with ethical issues. The subject is how one evaluates whether an act is ethical or unethical. This research article discusses real life ethical dilemmas that could be faced in accounting or business environment and applicability of various theories of ethics that were taught in accounting theory course in the undergraduate accounting program. The researcher employs a number of case studies highlighting the stories related to ethics that have been experienced in the past working life. Teleological and deontological theories are being used to explain how one could identify that a particular act is ethical or unethical. The work of accountants requires them to maintain high level of ethics to ensure integrity of the profession.  

Author Biographies

  • Shivneil Kumar Raj, Assistant Lecturer in Accounting The University of Fiji
    Assistant Lecturer at University of Fiji
  • Sandhiya Roy, University of Fiji
    Head of Department and Assistant Lecturer at The University of Fiji

References

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Published

2016-11-27

Issue

Vol. 6 No. 10 (2016): October

Section

Article

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