{"id":3014,"date":"2009-03-27t08:15:17","date_gmt":"2009-03-27t13:15:17","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=3014"},"modified":"2009-03-31t12:28:16","modified_gmt":"2009-03-31t17:28:16","slug":"six-yardsticks-to-test-your-ethics","status":"publish","type":"post","link":"\/\/www.g005e.com\/2009\/03\/27\/six-yardsticks-to-test-your-ethics\/","title":{"rendered":"six yardsticks to test your ethics"},"content":{"rendered":"

look in the mirror and ask yourself…<\/strong><\/p>\n

tom hood, head of the maryland cpa association, recently met with a class of college accounting students. they picked the topics: corporate scandals and fraud, which, in itself, it an encouraging sign that some of our hopes can rest easy in the next generation.<\/p>\n

but some of what tom delivered could be useful for anyone.<\/p>\n

tom posts<\/a>:<\/p>\n

we finished with tips for them to stay ethical (the mirror test) and have the courage to “do the right thing”:<\/em><\/p>\n

1. publicity test – how would your action look on national tv or in a headline?
\n2. conscience test – listen to your inside voice
\n3. parent test – if you had children looking over your shoulder would the be embarrassed?
\n4. role model test – would your role model approve?
\n5. universality test – what if everyone did this?
\n6. golden rule – would you like to be treated this way?<\/em><\/p>\n

and he left some recommended readings:\n<\/p>\n

    \n
  1. madoff fraud – markopolis whistleblower memo<\/a> (pdf)<\/li>\n
  2. sherron watkins – memo about enron<\/a><\/li>\n
  3. macpa’s accounting reform task force report – circa 2002 during enron-worldcom – download macpa accounting reform white paper<\/a> (pdf)<\/li>\n
  4. wired magazine – xbrl – road map for financial recovery<\/a><\/li>\n
  5. wired magazine – recipe for disaster: the formula that killed wall street<\/a><\/li>\n<\/ol>\n

    and, don’t miss tom’s post on transparency, accountability, efficiency: time for a revolution<\/a><\/p>\n

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