What you’ll learn to do: discuss the importance of ethical practices in accounting and the implications of unethical behavior

As you have seen in this module, the falsification of financial records can have serious repercussions for both companies and individuals. Throughout this module you have seen examples of the way accountants and businesses represent and sometimes misrepresent the financial condition of the business. The falsification The video below dramatizes some of the fallout from such behavior and show the business-to-business impact it can have.

LEARNING ACTIVITIES

The learning activities for this section include:

• Reading: Challenges Facing the Accounting Profession
• Self Check: Ethical Practices in Accounting

Take time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.