| In the wake of many corporate scandals that have been revealed over the past decade, there is a growing concern with fraudulent activity within the business community in the United States. Both public and private businesses have fallen under heavy scrutiny due to these scandals, and continue to be challenged by the public as a result of the growing mistrust in the way business is being conducted.; Managing this type of activity begins at the top of any organization. Owners, managers, and political figures within our society must take steps to create a culture of trust, honesty, and integrity within the business community. They are responsible for developing internal control systems that will ensure a reduction in fraudulent activity and an increase in honesty and integrity. This position paper supports those types of management styles, culture changes, and internal controls that will increase the probability of accountability for businesses both public and private. |
