Ethics in the Workplace When we think about workplace ethics, the first thing that comes to mind is a code of conduct that influences the development of an ethical culture and provides direction to steer the ethical climate toward right behavior. A code goes beyond what is legal for an... Read more →
The Company Failed to Walk the Talk of Ethics I have previously blogged about the failures at Boeing in production systems, inspections, internal audits, a safety culture, and reporting to the board of directors. One lingering question is: Why didn’t the board of directors at Boeing act to disclose the... Read more →
Dr. Mintz is a frequent speaker on podcasts such as “Fraudster” produced by Kelly Paxton, including a recent podcast on the problems at Boeing where they put profits over safety. He has been interviewed by reporters at Bloomberg, most recently on “Special Purpose Acquisition Companies” (SPACs). He did a podcast... Read more →
The Challenges of Reporting ESG reporting provides a specific framework for evaluating and measuring a company’s sustainability performance. It assesses a company’s ESG-related risks and opportunities by providing a standardized approach for stakeholders, including investors, creditors, regulators and society in general, to assess corporate sustainability. The Purpose of ESG Reporting... Read more →
Audit Firm Professionals Have Cheated on Ethics and Internal Training Exams I have previously blogged about the cheating scandal at Big Four CPA firms, where the four firms were caught helping staff to pass tests associated with internal training continuing education programs to some extent or another. It is a... Read more →
Causes and Solutions to Workplace Conflict When you put a lot of people together in one place, there will naturally be conflict. This is especially true at work because the workplace is often made up of a diverse group of people who all have different personalities, ideals, opinions, and backgrounds.... Read more →
Lack of Experience and Training is the Underlying Cause The following blog is taken from an interview soliciting my views on SPAC audit problems that was published by CFO Brew online by Courtney Vien on March 1, 2024. In case you needed more proof that the Special Purpose Acquisition Companies... Read more →
A Cautionary Tale I’ve always been intrigued by the philosophy of whistleblowing. It is an act of conscience and not motivated by self-interest. A broad view of whistleblowing is the disclosure by organization members (former or current) of illegal, immoral, or illegitimate practices under the control of their employers, to... Read more →
Reviewing What Others Say About It I’ve always been attracted to the concepts of Emotional Intelligence and Ethical Intelligence. They are character traits that make for healthy relationships. However, I haven’t given them enough coverage in my blogs as it pertains to ethics in the workplace. According to ethicist Bruce... Read more →
SEC Comes Down Hard on Marcum LLP On June 21, 2023, the PCAOB sanctioned Marcum LLP for violating PCAOB rules and quality control standards by failing to take sufficient steps to ensure that its system of quality control provided reasonable assurance that: (1) the firm would comply with the requirements... Read more →