Accountability - ethicssage.com

Commercialization of Collegiate Sports Raises Ethical Questions

Accountability, Sports Ethics, Technology/AI / December 13, 2022

Are Partnerships Between Sports Betting Companies and Universities a Bridge Too Far? The commercialization of collegiate sports is an outgrowth of the legitimization of gambling in America. It started with off-track betting, spread to state lotteries, then casino gambling, and now we have fantasy sports betting. Collegiate sports have been affected as well through agreements […]

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It’s Time to Ban ALL Stock Trades for Members of Congress

Accountability, Workplace behavior / February 14, 2022

Can a Conflict of Interest Be Avoided? Should members of Congress be prohibited from owning and trading in stocks? This question is receiving a lot of attention on Capitol Hill and in the press. The answer to the question seems to be a no-brainer – Yes! The simple reason is that members of Congress may be

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Is the PCAOB Protecting the Public Interest?

Accountability, Accounting Profession, Workplace behavior / February 1, 2022

Examining the POGO Report and Other Matters It’s been twenty years since the Public Company Oversight Board (PCAOB) was created by the Sarbanes-Oxley Act of 2002 (SOX). This is a good time to evaluate the mandate given to the board, its work during that period, and whether it protects the public interest. One way to

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Civility is Under Attack

Accountability, Behavioral Ethics, Civility / December 27, 2021

Smash-and-Grab Threatening Peacefulness in Society I’ve been out of touch for a while because of unexpected surgery. I’m on the mend and glad to be blogging again about compelling ethics issues, none of which is more important than the rising crime in big cities like San Francisco that have created a challenge to civil behavior

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Should Auditors Rotate Every 109 Years?

Accountability, Accounting Profession / May 29, 2018

The Case of GE and KPMG A new rule adopted by the U.S. Securities and Exchange Commission requires disclosure of the tenure of a public company’s external auditor in the annual report. KPMG recently reported that it has audited GE since 1909. This raises the question of whether there should be mandatory audit firm rotation

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