The authors systematically explore the new range of ethical issues which
have emerged in recent years, including the significant impact on
approaches to ethical problems which resulted from the Sarbanes-Oxley
Act, the financial crisis of 2008, and the move to replace GAAP with the
International Financial Reporting Standards (IFRS).
The audiobook begins by investigating the nature and purpose of
accounting and follows with a brief study of the nature and use of
ethical principles in determining accountants' responsibilities; it
examines the ethical imperatives that bind professionals and the
specific principles and rules that various accounting codes dictate.
Next, the audiobook explores the major types of practices in which
accountants engage - auditing, managerial accounting, and tax
accounting - and the responsibilities associated with those practices.
The new topics are addressed in a section which highlights the debates
over the use of fair-value accounting and principles- versus rules-based
standards.
Ronald Duska is The Charles Lamont Post Chair of Ethics and the
Professions at the American College as well as the Director of the
Center for Ethics in Financial Services. He is the author and editor of
several books including, Contemporary Issues in Business Ethics,
Ethics for the Financial Services Professional (with Julie Ragatz,
2008), and Moral Development: From Piaget to Kohlbergm. Brenda Shay
Duska MT, CPA, is currently a manager at Del Pizzo & Associates,
specializing in taxation. She is a member of the Pennsylvania Institute
of Certified Public Accountants and the Society for Financial Service
Professionals. She serves on the boards of the non-profit, MusicWorks
and the Greater Philadelphia Chapter of the Society for Financial
Service Professionals. Julie Ragatz is Assistant Professor of Ethics at
The American College and the Associate Director of The Center for Ethics
in Financial Services. She is currently finishing her PhD in philosophy
at Temple University where she concentrates on ethical theory and
applied ethics.
