What happened to ethics in the accounting and business world? / Catherine Umbit

The ethical development oftoday’s managers is an area ofrecent major concern. The press has published numerous reports of the unethical conduct of top executives on the recent corporate scandals in Malaysia. This has heighted public concern regarding the question of ethics involving the accounting profession and the business community. There is now increased awareness that greater attention should be given to dealing with ethical values and issues, upholding professionalism, and maintaining higher ethical standards by the business community. In fact, one ofthe strategic challenges ofVision 2020 is that of establishing a fully moral and ethical society. Increasing concerned with business and professional ethical behavior has prompted this study to explore the perceptions ofstudents and accounting lecturers on the need for incorporating ethics into ITM Accounting and Business curricula with particular
references to ITM Cawangan Sarawak.