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Ethics training for accountants: does it add up?

Ethics training for accountants: does it add up? Purpose – The purpose of this article is to investigate the effectiveness of an International Federation of Accountants (IFAC)‐aligned business ethics course in relation to its ability to positively influence the ethical sensitivity of accounting students. Design/methodology/approach – Using a quantitative, quasi‐experimental design, senior accounting students were subjected to a pre‐ and post‐test, measuring ethical sensitivity, with an IFAC‐aligned business ethics course as the intervention. Multivariate analysis also focused on the interrelation of demographic characteristics with ethical sensitivity. Findings – The results indicate that the business ethics course was indeed effective in increasing the ethical sensitivity of accounting students. Students' demographic characteristics, in terms of accounting specialisation area and years of work experience, did play a role in the extent of their changes in ethical sensitivity. However, gender and previous ethics education as influencing factor in ethical sensitivity was negated. Research limitations/implications – The study focused on the first component (ethical sensitivity) of Rest's four‐component model that predicts ethical behaviour. Additional research is therefore needed into the other components in Rest's model and their respective interrelations. The current study also used a small convenience sample rather than one that was randomly selected. The findings in this study do, however, add to the limited body of evidence on ethical sensitivity in accounting education world‐wide. Practical implications – The results can assist accounting professional bodies, associated higher education institutions and accounting firms in implementing specific educational interventions to develop greater ethical sensitivity in prospective and current accountants. Originality/value – The audit failures at the start of this century placed a renewed focus on the ethical behaviour of accountants. Consequently, ethics training was included in the curriculum of aspiring accountants. The research that informed this article attempted to gauge the effectiveness of this response, given the current knowledge gap, specifically in the South African context. Professional accounting bodies, associated higher education institutions and accounting firms could use the curriculum design presented in this study to implement a similar intervention. Such interventions could enhance the ethical behaviour of both prospective and current accountants, and this, in turn, should aid in lessening ethical crises, thus protecting the social stature of the accounting profession. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Meditari Accountancy Research Emerald Publishing

Ethics training for accountants: does it add up?

Adriaan Taylor
Meditari Accountancy Research , Volume 21 (2): 17 – Nov 1, 2013
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References (62)

Publisher
Emerald Publishing
Copyright
Copyright © 2013 Emerald Group Publishing Limited. All rights reserved.
ISSN
2049-372X
DOI
10.1108/MEDAR-06-2012-0020
Publisher site
See Article on Publisher Site

Abstract

Purpose – The purpose of this article is to investigate the effectiveness of an International Federation of Accountants (IFAC)‐aligned business ethics course in relation to its ability to positively influence the ethical sensitivity of accounting students. Design/methodology/approach – Using a quantitative, quasi‐experimental design, senior accounting students were subjected to a pre‐ and post‐test, measuring ethical sensitivity, with an IFAC‐aligned business ethics course as the intervention. Multivariate analysis also focused on the interrelation of demographic characteristics with ethical sensitivity. Findings – The results indicate that the business ethics course was indeed effective in increasing the ethical sensitivity of accounting students. Students' demographic characteristics, in terms of accounting specialisation area and years of work experience, did play a role in the extent of their changes in ethical sensitivity. However, gender and previous ethics education as influencing factor in ethical sensitivity was negated. Research limitations/implications – The study focused on the first component (ethical sensitivity) of Rest's four‐component model that predicts ethical behaviour. Additional research is therefore needed into the other components in Rest's model and their respective interrelations. The current study also used a small convenience sample rather than one that was randomly selected. The findings in this study do, however, add to the limited body of evidence on ethical sensitivity in accounting education world‐wide. Practical implications – The results can assist accounting professional bodies, associated higher education institutions and accounting firms in implementing specific educational interventions to develop greater ethical sensitivity in prospective and current accountants. Originality/value – The audit failures at the start of this century placed a renewed focus on the ethical behaviour of accountants. Consequently, ethics training was included in the curriculum of aspiring accountants. The research that informed this article attempted to gauge the effectiveness of this response, given the current knowledge gap, specifically in the South African context. Professional accounting bodies, associated higher education institutions and accounting firms could use the curriculum design presented in this study to implement a similar intervention. Such interventions could enhance the ethical behaviour of both prospective and current accountants, and this, in turn, should aid in lessening ethical crises, thus protecting the social stature of the accounting profession.

Journal

Meditari Accountancy Research – Emerald Publishing

Published: Nov 1, 2013

Keywords: Business ethics; South Africa; Accounting education; Accounting profession; Demography; Ethical sensitivity; Ethics education; Rest's four‐component model

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