Unethical Methods are performed to manipulate the financial records of a bussiness firm. And following are the few methods:
Legal : Misuse of law in case of compensation
Statistics : Exaggerating revenue and profits to mislead/confuse Tax : Avoiding to pay actual tax
Transperency : Trying to counterfeit/falsifying in case of investigation Exploitation : Misuing funds
These issues arises due to competition between the bussiness firms to raise their numbers. Greed to have more money and violate the law. Opportunity makes thiefs when offered the bribery. Individuals who work for a giant corporate company, fails to think out of the box when considering rest of the world. Performing unethical behaviour and claimimg it as ignorance, which is not true.
Transparent code of ethic which should be professinally implemented in the firm, and as well as among the employees. Maintaining healthy competition betwwen the firms. Publishing actual financial data. Responsible to pay tax. Awarding the apraisal and rewards for ethical behaviour. Legally there should be strict laws for unethical behaviour.
Kimmel, P.D., Weygandt, J.J. & Kieso, D.E(4 Ed) Financial accounting: Tools for business decision making
Rajeev, L.L. (2012).
Ethical and Unethical Business Practices. Article of Buzzle, Business Ethics. Retrived from http://www.buzzle.com/articles/ethical-and-unethical-business-practices.html
The Coursework on Comparative International Tax Law
I. I. BRAIDE BSM 151: COMPARATIVE INTERNATIONAL TAX LAW WORD COUNT: 5110excluding footnotes CITL COURSE WORK 2012 Scotia a small oil and gas producing state has a number of DTR Conventions which follow the form of the OECD Model. Its convention with its neighbour Anglia is particularly advantageous reflecting the good relationship with this neighbouring state. However, Scotia has become concerned ...
Oseni, Abubakar Idris. (2012).
Research Journal of Finance and Accounting ISSN 2222-2847 (Online) Vol 2. Retrived from http://www.iiste.org/Journals/index.php/RJFA/article/view/188
