Question

Corporate ethics and fraud have received much media attentionthrough reporting of scandals at major corporations. Salem wants tomake sure that its financial reporting and tax reportingresponsibility is of the highest ethical standards. So that youunderstand the types of ethical misconducts that corporations aresubject to and the penalties that can be given when uncovered, usethe Internet to research and find the following:

Ethical standards for corporations

Recent changes to financial and reporting laws

Cases where corporations have committed unethical businesspractices and the resulting consequences

The final write-up should be approximately 750-1000 words. Makesure to mention the SOX act and perhaps the IMA ethical code ofstandards.