2500 words accounting question

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Write 2500 words to answer the question-
"Ethics is often seen as a universal panacea to ensure true accountability and effective & fair operations of an organization. To ensure compliance a rulse
based approach to ethics should be implemented for all organisations. From your viewpoint should ethics be more rule based or principle based?"

Do you agree with the statement? Discuss the above statement n depth, by reviewing comparing and contrasting recent approaches to ethics in organizations, and the applicability of such in the organization you work for.

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