Best Ethical Approaches and Alternatives
Frankly, the Satyam case is not one that requires splitting the proverbial hairs sometimes associated with more complex ethical analyses. Virtually every known ethical system other than egoism would condemn Raju's conduct (Rosenstand, 2008; Shaw & Barry, 2007). Unfortunately, the magnitude of the harm caused and the vast numbers of individuals detrimentally affected by Raju's subterfuge absolutely defies any conceivable ethical solution that relies on restitution or compensation to the victims.
In the Satyam case, Raju would not benefit from any of the ethical systems considered. Act utilitarian ethical analysis would condemn Raju's actions simply by virtue of their consequences on the countless victims of his conduct. Rights-based ethical analysis would reach the same conclusion regardless of whether the system relies on objective or conventional ethical rules. Justice-based ethics would condemn Raju's conduct because it violated both...
However, they have also changed the face of the accounting profession in a way that will affect the education and conduct of accountants in the future. In the future, the accountant will have to do more than to balance the books. In order to understand the potential educational requirements for accountants in the future, we will examine how they have changed historically and then apply the changes that have
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