Includes index.

1 The Nature of Accounting and the Chief Ethical Difficulty: True Disclosure --
2 Ethical Behavior in Accounting: What Is Ethics? --
3 Ethical Behavior in Accounting: Ethical Theory --
4 Accounting as a Profession: Characteristics of a Profession --
5 Accounting Codes of Conduct --
6 The Rules of the Code of Conduct --
7 The Auditing Function --
8 The Ethics of Managerial Accounting --
9 The Ethics of Tax Accounting --
10 Ethics Applied to the Accounting Firm --
Afterword: Current Debates on Accounting Issues

This new edition of Accounting Ethics has been comprehensively updated to deal with the significant changes within the accounting profession since 2002; the authors systematically explore the new range of ethical issues that have arisen as a result of recent developments, including the financial crisis of 2008. It highlights the debates over the use of fair-value accounting and principles- versus rules-based standards; offers a comprehensive overview of ethics in accounting, as well as an examination of and recommendations for solving the current crisis in this field; investigates the nature and purpose of accounting; uses concrete examples and case studies, including current situations; and, examines the ethical responsibilities of individual accountants as well as accounting firms