Ethics in Audit Firms
Below are several instances of auditor misbehavior. While each of the firms finds itself in violation of ethnical rules and standards from time to time, we will highlight just a few as some of the more recent or profound in nature. I hold all of the larger firms (and even many of the smaller) in high regard, yet we use these experiences to learn and adapt.
Step 1– Read ALL of the articles and releases provided below for the following matters:
Use of Leaked PCAOB Data and Cheating on Ethics Exams
https://www.sec.gov/news/press-release/2022-114Links to an external site.
Step 2– Select one of the matters from the categories above and answer the questions given below. Utilize references to your research where appropriate.
In your own words, what causes an individual or a group of individuals to get into these situations (regarding the segment you chose specifically) and why?