It’s Time for Companies to Have an Ethics Committee I have blogged before about the use of artificial intelligence (AI) to solve ethical quandaries and the key to using AI intelligently. Given the attention I have given to this subject in the past, it occurs to me that organizations should have ethics committees to deal […]
Ethics, AI, and Managing Ethics Risks Read More »
Overcoming Bias Last Tuesday, I blogged about the meaning of equity, diversity, and inclusion and its importance in developing an ethical organizational culture. In today’s blog, I look at ways to promote EDI. LinkedIn Survey Recent events have sparked important conversations around racial bias and social injustice, calling upon institutions and organizations to do their
Ways to Promote EDI in the Workplace Read More »
Establishing an Ethical Organization Environment This is the first of two blogs on Equity, Diversity and Inclusion. The second blog will be posted on June 16. Organizational ethical climate refers to the moral atmosphere of the work environment and the level of ethics practiced within a company. Leaders determine organizational climate, establish character, and define
Equity, Diversity and Inclusion Is a Must for all Organizations Read More »
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.
Why Ethics Codes Are Important Read More »
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
Is the Gap Between Executive and Employee Compensation Ethical? Read More »
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
Are You a Victim of Gaslighting in the Workplace? Read More »
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
SEC Investigation of Auditors Driven by Conflicts of Interest and a Lack of Independence Read More »
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
Do Auditors Adequately Assess Audit Quality Read More »
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
Mazars and Trump: How to Cook the Books Read More »