Alan Sleater

ACCT-2010-408-Sp20
2/26/2020
Javaid Majid
Ethics: Fraud Reflection

When placed in a compromising situation there is vary little you can do to correct the

misunderstanding. Some people will discount everything you say, or even think the worst of you

when you have been compromised. In life, it is normal to come across different opinions and

beliefs between what is right, what is wrong, what is just, and what is unjust. All of these

conflicting ideas comes down to a basic code of conduct, ethics. Ethical issues and standards

have been established throughout history, giving justice its due, and searching for equality for

all.

In a recent national debacle relating to fraudulent financial reporting the United States

passed the Sarbanes-Oxley Act (SOX), in order to outline and maintain ethical standards for

public companies. Before SOX standard procedures were enforced, many companies were faced

with financial fraudulent behaviors. In the short YouTube clip Typical White Collar Criminal by

brooklyndave, a normal family man is faced with unexpected financial problems. The clip briefly

goes over the implications of how someone who does not follow an ethical standard can damage

his life, career, and the lives of others through making unethical decisions.

As individuals, we all go throughout life making choices and decisions every day. Some

decisions may be commonplace while other choices may be life changing. It is always important

to be fair and equal in our choices, regardless if we are wanting an easy way out of a difficult

situation. Ethical laws are put into place to help protect each individual and those around them.