Sunday, 24 February 2019

Ethical conducts and unethical issues in finance


Ethical conduct in finance
  • Honesty and integrity is there.
  • Information provided is full,accurate,fair and understandable. 
  • Respecting the confidentiality of info acquired in course of business except authorized.
  • Promoting ethical behaviour among other associates.

Unethical practices in finance


  • Making delays in payment deliberately to vendors dealers etc.
  • Making delays in paying wages incentive bonus to employees.
  • Taking private finance only from those who are ready to do personal favour to finance department head.
  • Quick release of payments to known parties and delaying payments of others.


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