A Problem in the Field of Finance Article Example | Topics and Well Written Essays - 1000 words

A Problem in the Field of Finance - Article ExampleThe report professionals consider it routine when they have to tell a lie or rip anyone off from their lives earnings.The real estate bubble was created in order to aim people to buying lots of homes and lands. In the longer run perspective, these investments were not a set of good choices and those who sold these houses were well aware of their nature solely regardless of that they pushed people into the extremely dangerous endeavors. This is not the whole story because banks sold mortgages in England on floating interest rates and when rates go up then the families have to sell everything they had to their names only in order to go bankrupt. The business professionals shamelessly argued that it is just business but they do not know that they have lost being human during the process of fulfilling their filthy commercial responsibilities. The traditional accounting field became plagued with the presence of irregularities to an ext ent where monetary reports have just become irrelevant for investors and they are making their decisions based on the organizational ability to pay dividends on a regular primer if yes then they deserve the money otherwise investors take their money to some other fruitful opportunity (Leone & Liu, 2010). The accountings basic and fundamental think of creating interest in shareholders is dying out with the passage of time. Finally, I argue that one should attempt to remain as human as possible cod to hardships in this venture.Accounting and financial crimes are unethical in nature and therefore, they have their solution in ethics (Dann & Haddow, 2008). The accounting professionals are supposed to perpetrate themselves to higher standards of human life in order to become good at what they do. The force of Mother Nature blessed every human with a sense of right and wrong. At the end of the day, evil succumb to good and there is a historical proof of that as well. The result of