Article

GSTF Journal of Law and Social Sciences (JLSS)

, 4:18

First online:

Open Access This content is freely available online to anyone, anywhere at any time.

Ethics in Managerial Accounting: Today’s Challenges in USA

  • Keeron Sreyoshi GhoseAffiliated withOhio State University

Abstract

While accounting, both financial and managerial, is used worldwide and there are increasing efforts to bring about harmonization among accounting practices within and among nations the, understanding of such practices is still not up to par with expectations. This leads to concerns about standard practices and serious concerns about ethical practices in all forms of accounting. This paper addresses differences between financial and managerial accounting. Since financial accounting is mandated by legal requirements of governments there is more opportunity in managerial accounting for ethical discrepancies and malpractices. This paper also addresses ethical concerns in managerial accounting.

Keywords

Ethics Financial Accounting Managerial Accounting