In 2008, the Institute of Chartered Accountants of Scotland
(ICAS) published the report What do you do now? Ethical Issues
Encountered by Chartered Accountants. This report by Dr. David
Molyneaux contains 28 true life case studies of ethical dilemmas faced by
accountants either in practice or business. The objective of the report is to
bring ethical problems to life and to encourage debate and understanding of
such issues, rather than providing definitive answers.
In recognition of this work, the ICAS Technical Policy Board
published Shades of Grey which contains a
further series of case studies. As a starting point, refer to Ethical dilemma 1: The creeping FD
as well as Ethical dilemma 2: Double your money
and Ethical dilemma 3: To be or not to be a NED.
These topical case studies are designed to help embed ethical values and
thinking into the day-to-day work of Chartered Accountants. Also,
look at other views on the topic of ethics.
