Causes and Effect of Unethical Accounting Procedures in the Sustainability of Smes in Enugu State Nigeria
Abstract
This study examined the relationship between accounting ethics and performance of accounting firms in Lagos, Nigeria. The study adopted the Survey research design while the primary source of data was the source of data engaged for the purpose of this study. All CEOs of 19 SMEs in Enugu state Nigeria were administered copies of the questionnaire. Percentage methods are used to analyse gotten results from questionnaire. The study formulated two hypotheses which were tested using chi-square statistical tool. Findings from this study revealed that unprofessional Accounting procedures have significant causes and effect in the sustainability of SMEs in Enugu state Nigeria. Findings furthermore revealed that fraudulent Accounting procedures does not have any cause or effect in the sustainability of SMEs in Enugu state Nigeria. The study consequently recommends that SMEs in Enugu state Nigeria should ensure that members of accounting staff are professionally endowed.
References
ethics courses and course effects on attitudes and behaviour. Advances in Accounting
Education:
Adenubi A. Professional codes of ethics and management excellence. Management in Nigeria.
1999.
Ashmeade JA, McCambridge G, (2017) Ethical Concerns of Budgetary Slack Creations. J
Account Ethics Public Pol.;18(3):401-17.
Arowoshegbe AO, Uniamikogbo E, (2017). Accounting Ethics and Audit Quality in Nigeria.
Asian J Economics, Bus and Acc.;4(2):1-15.
Bowie N.(2018) Ethical issues in government. Retrieved from
www.temple.edu/tempress/titles/149_reg.html
Catacutan R. A (2006),.humanistic perspective in teaching business ethics in accountancy. In:
6th Annual Ben-Africa Conference, University of Stellenbosch, Capetown, South Africa,
26-28, Strathmore University Nairobi, Kenya, 1-6.
Chandler RA. (2017)Questions of Ethics and Etiquette in the Society of Accountants in
Edinburgh 1853-1951. Account Hist. 22(2):179-92.
Cole G. (2002), Management theory and practice, Harper and Printers Limited, London,
Ebitu, E. 2012. Promoting ethical behavior in business in Nigeria and international markets. Int J
Inno Manag Sci. 4(2):126-130.
Gammie E, Gammie B. (2009) The moral awareness of future accounting and business
professionals, the implications of a gender divide. Pacific Account Rev. 21(1):48-3.
Heysel P. (2013).The effect of a corporate culture of ethics on shareholder wealth maximization.
(Applied project).
Halbert T, (2003), Law and ethics in the business environment. Mason, Ohio: West Legal
IFAC. Code of Ethics for Professional Accountants. 2005. Available at: www.ifac.org (accessed)
Jamnik A. (2017) The Challenges of Business Ethics: The Basic Principles of Business Ethics–
Ethical Codex in Business. Rev Inno and Competitiveness.;3(3):85-100.
Kelly PT. (2017) Integrating Leadership Topics into an Accounting Ethics Course–Preparing
Curriculum Innovations.;20:141-80.
Kidwell LA, Fisher DG, Braun RL, et al. (2013) Developing Learning Objectives for Accounting
Ethics using Bloom’s Taxonomy. Accounting Edu.;22(1):44-65.
Lodla NR, Shakeel M, Saeed R. (2013) Ethical behaviour and employees and job performance in
education sector of Pakistan. Middle East J Scientific Res.;18(4):524-29.
Nwagboso J. (2008) Professional ethics and standards. Niger J Manag Students;1(1):91-108.
Nwanyawu, LA. (2018). Accounting Ethics and Fraud Control in Nigeria: The Emergence of a
Fraud Control Model. J Acc, Fin Aud Students.;4(1):140-150.
Ogbonna G, Ebimobowei A. (2012). Effect of ethical accounting standards on the quality of
financial reports of banks in Nigeria. Curr Res J Social Sci.;4(1):69-78.
Oghene G, Yomere O. (2008), Business ethics: A panacea for sustainable development in
Nigeria. Niger Acad Manag J,;2(2):23-25.
Onyeaghala-Obioma H. Anele C. (2014),Adherence to ethics and performance of business
organizations in Nigeria: An empirical analysis. Int J Eco, Com Manag.;2(5):1-12.
Saeidi R, Saeidi S, Bidi R (2012). A model to improving company performance through business
ethics. Int J Social Sci Eco Art.; 1(20):2-19.
Tweedie D. et al., (2013) Teaching Global Ethical Standards: A case and Strategy for
Broadening the Accounting Ethics Curriculum. J Bus Ethics.;115(1):1-15