분식회계 방지를 위한 기업윤리와 경영자의 역할

Abstract

The transparency of the corporate accounting is an essential condition of the corporate management structure so that it can make the sound capital market. It is the precondition to evaluate the corporate value properly. The domestic economy has experienced the great confusion of the accounting fraud of many companies including the domestic conglomerate companies since IMF period. A famous corporate giant of U.S.A. finally went to the bankruptcy due to the accounting fraud of astronomicalfigures. The accounting fraud is notonly a fraud ulent practice against the investors, but also acritical anti-social crime that distortsan effective distribution of resources in the market incur grave financial burden on both the national economy and the global economy. No matter how excellent the management result of an enterprise has, the enterprise will eventually go to bankruptcy if it performs the accounting fraud without taking a responsibility of social ethics. The causes of the accounting fraud of the enterprises can be the moral hazard of the executives, the defect of the auditor’s ethics, the loop holes of the audit institution, and the discreet business diversification, etc. The enterprises need to take the compliance of law, to take the responsibility under the ethics, to take the social responsibility and to create economic profit. The domestic enterprises are getting interested in business ethics recently. More enterprises make a choice of business ethics lately due to the management risk and the social expectation. In this point of view, it seems necessary for the enterprises to choose the business ethics and the activities of social contribution. To perform the business ethics by the enterprises means that the enterprises should take the economic and the legal responsibility including the ethical responsibility and manage the company in order to observe an enterprise ethics. The ethical management of an enterprise is an essential element, not only to survive in the society. In a result, it is found out that the choices of accounting transparence, the social responsibility of an enterprise, and the ethical management are the important strategies of an enterprise and an important management philosophy to create the new value added. This study suggests how to compliance the ethical consciousness and how to improve the present institutions. This study has surveyed how to build the internal control structure, who will be selected as a Chief Ethics Officer, and the ethics of CPAs in order to strengthen the ethical consciousness of the management people and the accountants in the enterprises. It suggests that it is necessary for the enterprises to strengthen the disclosure standards of accounting, to build the regular audit institution, to consider the auditor’s independence, and to improve the circumstances under the audit of accounting. And it also suggests the plans to exterminate the accounting fraud through the reformation of the people’s consciousness and the improvement of the present institutions.