Ethical Obligations and Decision-Making in Accounting 2nd Edition by Steven Mintz, Roselyn Morris

Exercise 1

A position that is sometimes stated is that the importance of accounting ethics has increased as auditing firms have migrated overseas to serve the needs of their global clients. It is even more essential for accountants to overcome rational self-interest, and to conform to some kind of set moral code. Do you agree with this statement? Be sure to address ethical issues in answering the question.