• essayintl.com >
  • Assignment >
  • Historical Events That Shaped the Development of Accounting and Socially Constructed Perspective of Accounting History

Essays on Historical Events That Shaped the Development of Accounting and Socially Constructed Perspective of Accounting History Assignment

Download full paperFile format: .doc, available for editing

The paper “ Historical Events That Shaped the Development of Accounting and Socially Constructed Perspective of Accounting History” is a meaningful example of an assignment on finance & accounting. Jimmy is in an ethical dilemma. This is due to the fact that the finance director wants Jimmy to ignore the fraudulent actions that the firm has engaged in for the benefit of business while ignoring dangers posed to stakeholders and ethics. The firm has been able to exceed its profit forecasts by launching a new product through shortcuts. The product did not go through scientific analysis to ensure its compliance with legislation.

According to the R& D manager, the product chemical formulation does not attain the government's mandatory safety standards. This points out that the product may expose the users to harm since it does not comply with the standards set. Based on Rodney's response, it is clear that the intention is to engage in an unethical launch that will lead to better performance in the stock exchange. He can either say the truth to the auditors or keep quiet as asked by Rodney.

The firm has engaged in deceit which is fraudulent to the investors and the public. Jimmy is being pressured by Rodney to carry out aggressive accounting and ignore ethics. The business is engaging in fraudulent omissions (Onyebuchi, 2011). Recommend courses of action for Jimmy based on ethical egoism and utilitarianism. Justify your recommendations. Ethical dilemmas such as the one Jimmy is in occurs due to conflicts of prima facie principles. Jimmy can use either ethical egoism or utilitarianism in taking a course of action. In some cases, people make decisions that are based on ethical egoist reasoning (Onyebuchi, 2011).

According to ethical egoism, moral decisions are based on what is on the best interests of the actor. Ethical egoism is based on human motivation. In this case, the course of action that Jimmy should take based on ethical egoism is to keep quiet as asked by Rodney and not to mention firm fraud to the auditors. This will ensure that he is able to maintain a good relationship with the company as an accounting graduate as well as his relationship with Rodney who is the finance director.


Armstrong, M. B., Ketz, J. E., & Owsen, D. (2003). Ethics education in accounting: Moving toward ethical motivation and ethical behavior. Journal of Accounting Education, 21(1), 1-16.

Bryer, R. A. (2005). A Marxist accounting history of the British industrial revolution: a review of evidence and suggestions for research. Accounting, Organizations, and Society, 30(1), 25-65.

Caliskan, A. O., Akbas, H. E., & Esen, E. (2014). Ethical Dilemmas and Decision Making in Accounting. Corporate Governance (pp. 241-252). Springer Berlin Heidelberg.

Camic, C. (1979). The utilitarians revisited. American Journal of Sociology, 85(3), 516-550.

Carmona, S., & Trombetta, M. (2008). On the global acceptance of IAS/IFRS accounting standards: The logic and implications of the principles-based system. Journal of Accounting and Public Policy, 27(6), 455-461.

Carmona, S., Ezzamel, M., & Gutiérrez, F. (2004). Accounting history research: traditional and new accounting history perspectives. De computer, 1(1), 24-53.

Duska, R., Duska, B. S., & Ragatz, J. A. (2011). Accounting ethics. Chichester, UK: John Wiley & Sons.

Fleischman, R. K., & Radcliffe, V. S. (2005). The roaring nineties: accounting history comes of age. The Accounting Historians Journal, 61-109.

Fleischman, R. K., Radcliffe, V. S., & Shoemaker, P. A. (2003). Doing accounting history: contributions to the development of accounting thought (Vol. 6). Elsevier.

Gray, R., Dey, C., Owen, D., Evans, R., & Zadek, S. (1997). Struggling with the praxis of social accounting: Stakeholders, accountability, audits, and procedures. Accounting, Auditing & Accountability Journal, 10(3), 325-364.

Langenderfer, H. Q., & Rockness, J. W. (2006). Integrating ethics into the accounting curriculum. Accounting Ethics: Theories of Accounting Ethics and their Dissemination, 2(1), 346.

López Paláu, S. (2007). Ethical Evaluations of Accountants: An Empirical Study of Latin America and THE United States. The globaljournals.gcbe.us.

Miller, P., & O'leary, T. (1987). Accounting and the construction of the governable person. Accounting, Organizations, and Society, 12(3), 235-265.

Onyebuchi, V. N. (2011). Ethics in accounting. International Journal of Business and Social Science, 2(10).

Potter, B. N. (2005). Accounting as social and institutional practice: Perspectives to enrich our understanding of accounting change, Abacus, 41(3), 265-289.

Sangster, A. (2010). Using accounting history and Luca Pacioli to put relevance back into the teaching of double entry. Accounting, Business & Financial History, 20(1), 23-39.

Shawver, T. J., & Clements, L. H. (2006). The intention of accounting students to whistleblow in situations of questionable ethical dilemmas. Research on professional responsibility and ethics in accounting (pp. 177-191). Emerald Group Publishing Limited.

Thomas, S. (2012). Ethics and accounting education. Issues in Accounting Education, 27(2), 399-418.

Van Staveren, I. (2007). Beyond utilitarianism and deontology: Ethics in economics. Review of Political Economy, 19(1), 21-35.

Walker, S. P. (2005) Accounting in history, Accounting Historians Journal, 32(2): 233-259.

Download full paperFile format: .doc, available for editing
Contact Us