I have previously blogged about the importance of establishing an ethical culture in an organization to support the code of ethics. A code is meaningless unless top management models ethical behavior in every action and decision made. Purpose of a Code of Ethics Codes of ethics are the rules of the road for all employees to follow. […]
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Median Pay was $14.2 million in 2021 for CEOs A few days ago, I read that pay increases for U.S. CEOs are on the rise in the post-pandemic period. Median pay rose to $14.2 million last year for the leaders of S&P 500 companies, up from a record $13.4 million for the same companies a year
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How to Deal with Gaslighting Through Your Own Actions I have previously blogged about gaslighting in personal relationships. A good resource for you to look at if you believe you are a victim of it has been posted by psycom.net. Today, I will address the issue of gaslighting in the workplace, a problem that can
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Is the SEC the Cause of the Problem? I have blogged before about the problems the Big Four accounting firms are having with respect to conflicts of interest and independence impairments. These concerns have moved the SEC to launch a probe into how firms manage conflicts of interest caused by the provision of nonaudit services
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Measurement of Audit Quality is the Key This blog is a continuation of one I posted earlier today and follows up on a blog posted a couple of weeks ago. The question of whether audits provide useful information and protect investors has been discussed for many years. It is an important issue because if audits
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Rules of the Road The First Amendment of the U.S. Constitution protects us from the government interfering with our speech – meaning we can typically express opinions (even if they are offensive) without being arrested or charged with a crime. But that does not mean you can say whatever you want online without suffering consequences. It is
Can Employees Be Fired for Using Social Media at Work? Read More »
Professional Obligations of Accountants to Clients You may have heard that Donald Trump and the Trump Organization’s accountant, Mazars USA, split up after Mazars sent a letter dated February 9, 2022, to the Trump Organization. The letter was included in a court filing and said that “the Statements of Financial Condition for Donald J. Trump
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Identifying the Legal and Ethical Issues of Sexual Harassment The following blog is by Emily Henry. For additional information about her please see the last paragraph of the blog. As more sexual harassment cases continue to be brought to light, this hopefully means that more people will feel safe to report instances of sexual misconduct
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What Does Empathy Mean for the Workplace Culture and the Pandemic? Last week I blogged about empathy in my “Ethics Sage” blog. Today I address the issue of empathy in the workplace and characteristics of those who possess the moral trait of being empathetic towards another person. First, let’s look at the basic definition of
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Do the Ends Justify the Means? I recently read some of the results of a survey taken by Intelligent.com that addresses why parents cheat to get their kids accepted into college. The purpose of this blog is to share those results and give my own opinion. Intelligent.com is an online magazine centered around a lifelong
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