Accountability

Cheating in College: An Ethical Analysis

Advice for Educators Regarding the Use of ChatGPT by Students Cheating in college is nothing new. What’s different are the new forms of cheating, which are diverse today because of the expanding areas of AI in education. In addition, the use of technology and software such as ChatGPT has created a greater opportunity for cheating […]

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How Do Accountants Rate in Honesty & Ethics?

Gallup Poll Provides Food for Thought I have previously blogged about the ethics and honesty of those who work in various professions based on a 2023 Gallup Poll. Gallup published its 2023 results of a survey of honesty/ethics in the professions last year. The results speak volumes about which professions are trusted by most Americans. The most ethical

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Corporate Governance Failures at Boeing

The Company Failed to Walk the Talk of Ethics I have previously blogged about the failures at Boeing in production systems, inspections, internal audits, a safety culture, and reporting to the board of directors. One lingering question is: Why didn’t the board of directors at Boeing act to disclose the problems with the production design and manufacturing

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PCAOB Fines Withum for Quality Control Violations

Lack of Experience and Training is the Underlying Cause The following blog is taken from an interview soliciting my views on SPAC audit problems that was published by CFO Brew online by Courtney Vien on March 1, 2024. In case you needed more proof that the Special Purpose Acquisition Companies (SPAC) boom is over, the PCAOB just

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Are SPACs on the Way Out? New Regulations are on the Horizon

SEC Comes Down Hard on Marcum LLP On June 21, 2023, the PCAOB sanctioned Marcum LLP for violating PCAOB rules and quality control standards by failing to take sufficient steps to ensure that its system of quality control provided reasonable assurance that: (1) the firm would comply with the requirements regarding the acceptance of issuer

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Relationship Between Loud Quitting, Conscious Quitting, and Quiet Quitting

New Ways to ‘Check Out’ at Work: Dangers for the Workplace I have previously blogged about “quiet quitting.” In July 2022, a TikTok user with numerous followers posted that he recently learned about quiet quitting and said: “You’re not outright quitting your job, but you’re quitting the idea of going above and beyond. You are still performing

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The Collapse of SVB and Signature Bank: Where Were the Regulators and KPMG?

Missing the Red Flags I have previously blogged about the collapse of SVB and the Signature Bank. In today’s blog, I will update the information and probe more deeply the failings of regulators and KPMG to heed the warning signs that trouble lied ahead. The collapse of Silicon Valley Bank (SVB) and Signature Bank, reminds me of

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Can Cheating on Steroids in Colleges and Universities be Stopped?

Who is to Blame for Lax Academic Standards? It is no surprise to college professors that academic cheating is on the rise even though virtually every university has a policy on academic integrity. The reasons are many as discussed below but lax standards by professors and indifference towards cheating can motivate students to cheat. In

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Why Character Education Should Be Taught

A Challenge for Educators Here is a bold statement. The world is going to hell in a handbasket. For many years now societies have been morphing from basically ethical, where doing the right thing guides all decisions, to one where the pursuit of self-interest and lack of caring about others is front and center. From

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The Cancel Culture on College Campuses

Is Free Speech in Jeopardy? What does it mean to “cancel” someone? No, it’s not to cancel a transaction you did online. Today, it means to diminish someone’s significance as an influencer by personal boycott, public shaming, or simply shunning them. We call it the “cancel culture,” or” call-out culture.” Last week, President Obama said,

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