Combining ethics and the principles of stakeholder theory can lead to the establishment of a stronger ethical culture.
IMA has long promoted the essential importance of the highest ethical standards in management accounting around the world.
Concerns over the need to improve audit quality have moved to the forefront in the aftermath of recent scandals.
The economic environment and corporate culture helped create an environment conducive to ethical scandals and fraud.
A study finds that managers consider public perceptions when deciding whether they should participate in earnings management.
Pressure to violate ethics guidelines has increased and issues like fraud and abuse remain problems in business.
A study finds companies engage in greater earnings management in order to trigger a favorable stock-market reaction.
With Carillion’s liquidation, the issue of accounting firms providing consulting services to clients again takes center stage.
A survey reveals Millennials have a negative view of businesses’ motivations and don’t believe they act ethically.
There’s both good and bad news to be found in ECI’s latest State of Ethics & Compliance in the Workplace report.
IPADE Business School prioritizes ethics and values in its graduates, and it developed a model to measure success in that area.
A PwC survey shows an increase in fraud and economic crime around the world. Here are four steps to help fight fraud.
IMA is committed to the highest ethical practices. Members have several resources to draw on to master the art of ethics.
Despite having paid billions in penalties over the years, HSBC continues to find itself in trouble for ethical lapses.
The Edelman Trust Barometer found a significant decline in trust across all institutions in the United States.
Offshore corporations in tax haven countries help schools pay fewer taxes on investment income from their large endowments.
The International Consortium of Investigative Journalists uncovered evidence of wide-ranging fraud and tax evasion.
Given the threat of fraud in business, the ability to spot lies and deception is a valuable skill for management accountants.
A number of organizations and governing bodies now view a strong ethical culture as a key component to corporate governance.
Companies need to act ethically in all their operations around the world, or they risk facing the consequences.
To be successful, leaders need to always work at creating, maintaining, and demonstrating trust in their relationships.
The banking and financial services company disclosed that its fraudulent activity was broader than originally reported.
The Governance & Accountability Institute has released a study examining environmental, social, and corporate governance reporting.
The culture at Uber Technologies contributed to significant missteps and a bad reputation for the company.
Creating and modeling an environment of trust helps maintain respect, understanding, and openness within an organization.
The revised IMA Statement of Ethical Professional Practice continues IMA’s commitment to core ethical principles.
The 2017 winner of the Carl Menconi Case Writing Competition centers on the dilemma faced by a newly promoted manager.
Incidents at United Airlines help show how a rules-based code of ethics can limit employees’ choices to resolve problems.
A tool from ACCA helps companies establish a positive culture that supports and contributes to achieving organizational goals.
According to the 2017 Edelman Trust Barometer, trust in all institutions has gone down across the board.
The IRS and SEC both report more payments to reward whistleblowers who reported fraud and other wrongdoing.
A report from the Anti-Fraud Collaboration describes accounting policies that can help organizations fight fraud.
With limited resources, nonprofit organizations often put little effort into preventing fraud, but that makes them more vulnerable.
To help fight corruption, Brazil has enacted legislation to deter businesses from bribing public officials—both foreign and domestic.
With AI dominating headlines, preventing these intelligent machines from enabling fraud remains a significant concern.
Corporate compliance and ethics programs are more effective when efforts are incorporated into everyday operations.
Understanding each generation’s approaches to ethical issues can help companies communicate their ethics policies.
The bank reportedly violated the whistleblower provisions of the Sarbanes-Oxley Act in firing and punishing a broker.
Nurturing company-wide attitudes, perceived norms, and perceived control fosters an improved environment for whistleblowing.
The need for trust in business hasn’t changed over time—another. reason to ensure it remains at the core of business values.
A global study finds the impact that a positive, ethical culture can have on productivity and performance.
VW included $18 billion in its 2015 financial results to cover the costs of buybacks, compensation, and repairs.
The SEC is investigating the use of financial measures that don’t comply with U.S. GAAP and may mislead investors.
The banking scandal provides a number of lessons that management accountants can learn from and use in their own companies.
The SEC has now awarded more than $100 million for tips received through its whistleblower program.
The number of companies around the world that report on sustainability and other nonfinancial issues continues to grow.
The word “fraud” is everywhere. But fraud can only happen in large, impersonal corporations, right? Wrong!
The IESBA provides new guidance for how and when professional accountants should disclose actual or suspected illegal activities.
Trust between employees and employers is vital to success. Lack of trust can have a significant impact on a company’s culture.
Having the right skills and experience isn’t enough. Hiring managers also want to see integrity and honesty in a candidate.
Do companies have an ethical responsibility to contribute to the communities that helped nurture their success?
VW faces increased criticism for its emissions remediation plans.
Teaching right from wrong isn’t always straightforward. These strategies can help you provide lasting lessons for students and professionals.
Trust is a fundamental component to behaving ethically—for people and businesses.
Drug makers still employ questionable tactics when promoting and pricing their products.
The cost of VW’s unethical actions keeps climbing.
These practices allow for greater tax advantages for the wealthy, contributing to income disparity.
As the SEC improves its whistleblower program, companies must do more to encourage reporting of unlawful conduct and to discourage retaliatory behaviors.
Apple recently reached a settlement with Italy regarding the company’s aggressive tax practices.
The nature of VW’s fraud raises a number of difficult questions to answer.
Several organizations provide guidelines and standards of ethical conduct for management accountants.
Education Management Corp. (EDMC) settled an illegal recruiting and consumer fraud whistleblower lawsuit with the U.S. government.
CEOs use several rationalizations for managing earnings. An update to the December 2015 Ethics column.
IMA® conducted a survey to find out how companies are making it safer for employees to report unethical and fraudulent behavior.
Managing earnings to meet analysts’ expectations is relatively common, but it creates a distorted view of the company’s performance.
Volkswagen’s scandal of “cheating” on U.S. government emissions tests for nitrogen oxide has grown.
Profit estimates that were too embarrassing to report resulted in overstatements amounting to $1.9 billion.
Banks and finance companies receive large fines for unethical actions, but very few people go to jail for participating.
Students are taking on increasingly more debt, but they aren’t being adequately prepared to pay it off.
The SEC issued a new rule that clarifies the definition of a whistleblower.
Many people aren’t aware of their rights and protections if they blow the whistle, and retaliation remains a common threat.
This year’s winning case is about a furniture manufacturer that runs into problems when it imports products from China.
A report outlines strategies to help companies address the financial pressure and rationalization aspects of the fraud triangle.
Our unconscious, innate biases can affect our decision making in surprising ways.
As business becomes increasingly global, companies that expand need to comply with the growing number of anticorruption laws.
Some involved in the Atlanta cheating scandal received jail sentences. Yet Wall Street executives who cheat the public rarely do.
The NSA program that collected millions of Americans’ data has been found unlawful by a federal court.
Even in family-owned businesses, proper internal controls are a necessary deterrent to fraud.
Respect—both showing it and earning it—is a necessary element for a successful career.
The notable ethics failures of 2014 give insight into the actions companies can take to protect an ethical culture.
A strong tone at the top, skepticism, and robust communication in financial reporting are key aspects of fraud prevention.
For the first time, the SEC has awarded a whistleblower under an exception to a rule.
The list of 2015 Top Thought Leaders in Trust includes two IMA leaders.
Regulators aren’t doing enough to penalize credit rating agencies and discourage unethical behavior.