eloitte University, Deloitte will be able to set itself up as the number one ethical firm in the industry.
Corporate responsibility is clearly a priority at Deloitte, and we feel they have differentiated themselves in some regards from the competitors. In order to stand out as the top firm and attract lots of positive PR we recommend creating a disaster relief division. As a global company Deloitte is uniquely positioned to provide immediate assistance around the globe. By investing time and assets into emergency preparedness and relief Deloitte will be able to solidify itself as a company known for its corporate social responsibility.?

EMPLOYEE ETHICS

Important Ethical Issues

Both public and private accounting firms handle and deal with very delicate information from their clients. If these firms don’t have a clear code of ethics, or if they do not adhere to the ethical principles they say they have, fraud and bankruptcy will occur.
We can see this evident in the Arthur Andersen LLP case in 2002. Andersen, previously one of the Big Five accounting firms, engaged in unethical practices with Enron, which they annually audited. The unethical practices of Enron and the lack of ethical behavior and independence from Andersen, led to the bankruptcy of both companies.
Important points which are being considered by each accounting firm and which are a current ethical issue in this industry, are the principles of independence and objectivity. Accountants must stay free from conflicts of interest and other questionable business relationships with their clients when performing accounting services. Employees should maintain independence by not engaging in investment opportunities with clients that might be seen as taking advantage of insider information. As we look back on the last few years, a large percentage of fraud and bankruptcy from accounting firms was the result of unethical behavior.

Ethical Strategy

Deloitte understands ...