This second week we build our understanding of ethical accounting by examining specific cases and effects that demonstrate the importance of fostering an ethical culture in a company and its various functions. strategic decision-making. In light of the accounting and budgeting systems we studied last week, consider how the costs involved in business performance and decision-making (Chapters 2 through 5 in our text) are tabulated,
Respond to the following in a minimum of 175 words:
Discuss the importance of an ethical culture within a company, and how it informs good decisions.
How would you establish strong integrity and an ethical culture in the accounting function of a company?
What would the processes, policies, and functions of that department look like?
How would its integrity be ensured.
What controls would be necessary or essential?
Were one to encounter management resistance to complete transparency where ethically required, what steps should be taken?
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