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Ms. Hutson's Class Blog

Principles of Accounting II

eTHICS IN aCCOUNTING

10/25/2016

11 Comments

 
​Do you think ethics in accounting is important? ​Explain the importance of high ethical standards in the preparation of financial statements and what FBLA-PBL goal that this could tie to.

FBLA-PBL GOALS
  • Develop competent, aggressive business leadership.
  • Strengthen the confidence of students in themselves and their work.
  • Create more interest in and understanding of American business enterprise.
  • Encourage members in the development of individual projects that contribute to the improvement of home, business, and community. 
  • Develop character, prepare for useful citizenship, and foster patriotism.
  • Encourage and practice efficient money management.
  • Encourage scholarship and promote school loyalty.
  •  Assist students in the establishment of occupational goals.
  •  Facilitate the transition from school to work.
11 Comments
Dominic Salter
10/26/2016 11:11:03 am

Someone with high ethical standards would the right thing whereas someone with lower standards could possibly steal money.

Reply
Cameron Gragg
10/26/2016 11:14:29 am

Yes, ethics are important because you don't want a person who is not honest and trustworthy handling your money.

Reply
Ashton Johnson
10/26/2016 11:14:41 am

Yes. Ethics are important because you don't want a person who is not honest and trustworthy handling your money.

Reply
Austin Muse
10/26/2016 11:14:59 am

Yes i think it is import to have someone who is ethical juts in general let alone when it comes to handling your money so with that being said have a good day.

Reply
Mitchell
10/26/2016 11:15:25 am

yes because you are around a lot of money and need to be honest with it.

Reply
Britney Smith
10/26/2016 11:15:35 am

Yes, ethics are important because you don't want a honest person working for you in your company!

Reply
Sydnee Formey
10/26/2016 11:16:25 am

Yes, ethics in accounting is important because ethical standards is key to have a successful business with the values you carry. It carries honesty and integrity for others and shows leadership in a work place. When preparing a financial statement, you want all of the honest answers on how you handle your money and the outcome of it so there won't be a problem later on. This could tie to FBLA-PBL goals because it can shape how they make decisions and life by showing the importance of honesty and having a great work ethic in their line of business.

Reply
Ms. Hutson
10/28/2016 11:40:29 pm

Great job, Sydnee! You made good points :)

Reply
Travis Suttles
10/26/2016 11:21:46 am

Strong ethics are vital to anyone within the accounting family, due to the fact they must be trust worthy with others money.

Reply
Amron Sagadraca
10/26/2016 11:23:30 am

Yes, I think ethics in accounting is important. You want people with high ethical standards because they are dealing with money and it is important to be honest and responsible with it.

Reply
Ms. Hutson
10/28/2016 11:53:11 pm

Can you elaborate? To what FBLA Goal could this tie? Why must you be honest and responsible with money and accounting?

Reply



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