These are the rules that help us tell the difference between right and wrong.
What are ethics?
100
When an employee makes a decision to inform officials about legal or ethical violence.
What is whistle-blowing?
100
An accountant or senior executive invents fake accounts and redirects company money into them for personal gain.
What is embezzlement?
100
An obligation to disclose all important information.
What is duty to report?
200
This tells us what we think is important and helps us make the decisions about right and wrong.
What are values?
200
When a business misleads consumers and tries to trick them into buying something in order to maximize their profits.
What is fraud?
200
Buildings, land, equipment, cash and receivables are items that a business owns.
What are assets?
200
Behaviour that is found to be threatening or disturbing and is not acceptable in society.
What is harassment?
300
These are what we use to decide what is good and bad.
What are morals?
300
This takes place in large corporations - a publicly exposed crime involving accountants or senior executives who alter accounting records for personal benefit.
What is an accounting scandal?
300
A debt that a business owes is called this.
What is a liability?
300
Invisible barriers to senior leadership positions.
What is a glass ceiling?
400
This is a situation where there is a difficult choice between two or more options.
What is a dilemma?
400
A moral problem with a choice between potential right and wrong answers.
What is an ethical dilemma?
400
Outside accountants who check the financial records of companies.
What are auditors?
400
A movement that develops from the bottom up.
What is a grassroots movement?
500
This is a document that explains how employees should respond in different situations.
What is a Code of Ethics?
500
An accountant who investigates legal and financial documents, looking for evidence of tampering.
What is a forensic accountant?
500
Buying or selling shares in a company based on confidential information is known as this.
What is insider trading?
500
Conducting business in a way that is in line with society's values.