Whistle-blowing Research Paper Example | Topics and Well Written Essays - 250 words

Whistle-blowing - Research Paper Example As high officials in the organization, they became privy to information that they thought would be damaging to the company. The Government Accountability Project (GAP) defined a whistle blower as: An employee who discloses information that s/he reasonably believes is evidence of illegality, gross waste or fraud, mismanagement, abuse of power, general wrongdoing, or a substantial and specific danger to public health and safety. Typically, whistleblowers speak out to parties that can influence and rectify the situation. These parties include the media, organizational managers, hotlines, or Congressional members/staff, to name a few. These 3 women could not be properly called whistle blowers under the rules cited in Chap 4 of Whistle blowing,:â€Å"employees who follows established procedures is not a whistleblower† As in definition above, whistle blowing should take into account to whom the information is given in order to achieve the desired change. Merely passing information to higher authorities in the organization is not whistle blowing and is only part of their duties. Their testimony in Congress could not be called whistle blowing as they were legally required to do so, and were not done voluntarily. Their memos only formed part of exhibits for testimony. Rowley could not be a whistle blower because her position requires utmost confidentiality, so she could not divulge to outer sources. Watkin’s advise. When Sherron Watkins wrote a lengthy memo to her boss, Ken Lay, she knew of the ticking time bomb that would explode into a scandal. She uncovered fraud that involved many persons in the organization. When she advised Ken Lay to develop a â€Å"clean up Plan†, she probably meant to have an organizational clean up that would correct the system, and purge erring employees. In an ethical perspective, she was

ACCOUNTING Article Example | Topics and Well Written Essays - 1000 words

ACCOUNTING - Article Example This all contributed to the collapse of world’s largest and most powerful economies of the world. The paper, in general, tries to identify the various factors in the field of accounting research that contributed to the fall of financial system in the USA. It also talks about how weak laws and financial reporting requirements as a result of insufficient accounting research have contributed to the crisis apart from irresponsible behavior of the bankers and the banks. This article is written in this time because the entire world is going through a turbulent phase of global financial crisis which has not only paralysed the US economic system, but also the world economic system.The main point that the article discusses is the financial reporting requirements and in particular the valuation regulations. The article uses the secondary research methodology when analyzing the role of accounting research in its attempt to curb or stop the looming crisis. It talks about the fair value ac counting and how it contributed to the fall in the accounting system. It pays particular attention to the manipulation that many companies did in order to window-dress their financial statements and use it as a tool to justify money laundering, over-valued SIVs etc. However, at the same time, it criticizes the role of accounting research by using the observational secondary research. It says that even when the fair-value accounting was at its peak, the researchers were unable to publish any data or any empirical data about the problems that it could cause. Instead, during the years preceding crisis, there was no research done on the issue, and it was after the crisis had been fully operational that accountants starting paying heed to the issue and starting researching the topic. This again is used by the writer, as an evidence to signify the gap between accounting in practice and accounting research through observation and secondary research as a methodology. The article then comes down to the third argument that is used a factor showing the gap between accounting research and accounting