Indian Ethos for Transparency in Ethical Accounting: A Conceptual Analysis
Iyer Chandra Hariharan1,*, Ravindran G.2,**
1PhD Research Scholar, Karpagam University, Coimbatore-641021
2Research Supervisor, Karpagam University, Coimbatore-641021
*E-mail id: firstname.lastname@example.org;
The ethical accounting concept of business ethics directly relates to transparency, accountability and corporate responsibility. The major ethical issues occurring in accounting and finance are reporting false income, falsifying documents, allowing or taking questionable deductions, illegally evading income taxes, engaging in frauds, etc. Transparency is operating in such a manner that it is easy for others to see what actions are performed. Corporate transparency, a form of radical transparency, is the concept of removing all barriers to and the facilitating of free and easy public access to corporate information and to the laws, rules, social connivance and processes that facilitate and protect those individuals and corporations that freely join, develop and improve the process. The need of the hour is requirement of ethical accounting regulations, and this research paper has tried to relate Indian ethos for better transparency.
Ethical Accounting, Indian Ethos, Transparency.