Ethical and Morality in Accounting. Epistemological Approach

Abstract:

The major financial scandals and the financial system crisis, have been linked directly or indirectly, to the idea of scam, false or absence of ethics in accounting. The aim of this study is to make an incursion into the history of ethics and morality in accounting, as well as highlighting the importance of these concepts in the economic life of the company. Moreover, given the importance of ethics and morality in the current environment, it takes an ex-ante analysis followed by an ex-post analysis, to highlight ethical and efficient connection between the multitude of areas on which acts, as well as to show how these principles have emerged and developed. The failure of complying the moral principles and norms of the contemporary world, led to the idea of chaos and lack of provision in the economic plan. Therefore, our approach on the connection between business, ethics, morality, professionalism and accountability is appropriate. Among the objectives of accounting and morality in business is a serious interdependence. Lack of ethical and moral principles in accounting would create preconditions to achieve some "legal fraud", not necessarily related to creativity, but rather to the weakness of an accounting system without rules and ethical principles, reducing the quality of financial information. The research methodology used in developing the study takes into account qualitative methods. The relevant literature is complemented by a comparative analysis of such critical, inductive and deductive reasoning.