Ethics-Based Accounting: Building A Responsible Business Culture

In the rapidly evolving business landscape, the demand for transparency and accountability in financial reporting has become increasingly critical, particularly in the wake of high-profile accounting scandals like Enron, WorldCom, and Lehman Brothers. These incidents have significantly eroded public trust in financial institutions and highlighted the essential role of ethics in accounting practices. Consequently, companies must cultivate a responsible business culture where ethical considerations underpin every financial decision.