Opinion Editorial Syles of the Leadership

Question: Discuss about theOpinion Editorialfor Syles of the Leadership. Answer: Introduction As rightly put forward by Mintz (2014), the human dignity can be regarded as the foundation of the fundamental human rights. The human rights can be regarded to be uninfringeable that needs to be respected and shielded. Therefore, the human dignity is not only a fundamental right in itself but also the foundation of different fundamental rights in international directives. However, there is considerable contribution of human relations towards the purpose of development of different behavioural research in accounting that essentially comprises of the human needs, motivation, individual differences in opinions as well as attitudes, emotions of the employees, styles of the leadership, participative management along with control, overall value system and dignity, effectiveness and different concepts of performance (Bampton and Cowton 2013). There are several strands of human relations theory that stems from different accounting studies that are essentially founded on the Human relations approach. The effectiveness of different accounting procedures relies upon the way the particular accounting process affects the people in the organization. As rightly put forward by Sorensen et al. (2015), the accounting system is never said to have run in the vacuum. Therefore, it is important to handle the complex human behaviour, as the formulation as well as operation of an accounting system cannot be carried out based on the technical expertise. Thus, there exists an issue of management of different processes of standard setting, budgetary planning among many others that are essentially social in nature. Utilizing the human relations theory, the researchers reflects the way budgets can persuade an active and at the same time compel an organizational environment that might result in the betterment of the performance. In addition to this, it can be said that both productivity as well as satisfaction are expected to be greater. The human relation based accounting research divulges top down controlling mechanisms that includes budgeting (Canning and O'Dwyer 2016). This process of budgetary planning can discourage employees despite pote ntial advantages. Therefore, it is important to understand the human relations based accounting as it can affect the accounting practice of an accounting professional. However, in order to rise above the problem and to resolve the issue, the management of organizations can create a desirable environment through participative budgeting. This participative approach of budgeting can prove to be more effective than the authoritarian approach and uphold the human dignity (Mintz 2016). In addition to this, several ethical issues affect the individuals in the accounting profession. An accountant or else finance professional encounters different ethical facets regardless of business sectors and have the need to remain persistently vigilant to lessen the overall chances of material misstatements in the financial declarations that in turn can lead to both ethical and at the same time criminal infringement. In addition to this, the omissions of financial records might paint the overall busines s in a very bad light to different users of the financial information especially the public as well as the investors although it might not be a significant violation of the accounting ethics as it does not necessarily involve manipulation of accounts. However, these omissions might also lead to material misstatements in the financial statements and adversely affect the common good. Therefore, as a professional it is important to remain very much ethically vigilant to avert the possibility of falling in such a trap. In addition to this, an accountant might possibly face an ethical problem of reporting exposed accounting infringement (Mintz 2014). Assessment of financial records of the company as well as the bad press caused by any scandal can lead to the rapid decline of the company and also bring about layoff of thousands of members of the staff of the business. Furthermore, the executives as well as other corporate administrators might possibly face different criminal prosecution i n addition to heavy fines plus imprisonment. Therefore, as a future accounting professional it is essential to understand the accounting practices in order to avoid violation of pertinent standards for the common good. With the objective of achievement of common good, the learners need to recognize with ethical issues associated to accounting and potential dilemmas by being sensitive to all the stakeholders who are affected by the decision, understand the action plans that can affect the interests of the stakeholders and assess the choices by utilizing different concepts of universalism, utilitarianism as well as social norms (Carrington et al. 2013). References Bampton, R. and Cowton, C.J., 2013. Taking stock of accounting ethics scholarship: A review of the journal literature.Journal of Business Ethics,114(3), pp.549-563. Canning, M. and O'Dwyer, B., 2016. Institutional work and regulatory change in the accounting profession.Accounting, Organizations and Society,54, pp.1-21. Carrington, T., Johansson, T., Johed, G. and hman, P., 2013. An empirical test of the hierarchical construct of professionalism and managerialism in the accounting profession.Behavioral Research in Accounting,25(2), pp.1-20. Mintz, S., 2014.Accounting for the public interest. New York, NY: Springer. Mintz, S., 2016.Ethical obligations and decision-making in accounting: text and cases. McGraw-Hill Higher Education. Sorensen, D.P., Miller, S.E. and Cabe, K.L., 2015. Developing and Measuring the Impact of an Accounting Ethics Course that is Based on the Moral Philosophy of Adam Smith.Journal of Business Ethics, pp.1-17.