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Ethics in Business

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Speeches & Presentations

by Graham Ward, CBE, IFAC President (November 2004 to November 2006)

Oct 18, 2006
at Institute of Certified Public Accountants in Ireland President’s Annual Dinner
Dublin, Ireland

IESBA

Ethics in Business

Thank you, Eamonn, for inviting me to make a few remarks this evening. It is a privilege to be here with you and your President, Pádraig Ó Feinneadha, to speak before such a distinguished group of professionals. Indeed, I truly appreciate this opportunity discuss a topic that increasingly has made its way into boardrooms, classrooms, lunchrooms, and even to our dinner table: that is the topic of Ethics in Business. Ethics, as we know from the lessons we learned from Enron, WorldCom, Tyco and other companies around the world, is a driver both of business stability and business success. Without a strong ethical foundation, companies and their management are more likely now, than ever before, to find their customer base eroded and their profit margins narrowed.

 



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