Ethical behavior is important to the accounting profession as well as the general business environment.  Most companies have code of conduct policies and ethical training to ensure all employees understand the company’s behavior expectations and responsibilities.

  1. What are the advantages and disadvantages of a company having a formal code of conduct that employees are obligated to follow?
  2. What are your thoughts about whether employees should have to participate in mandatory ethical trainings each year?
  3. How might having a code of conduct help an employee make decisions when faced with an ethical situation?

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