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Ethics project wins accountancy prize

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Accountancy students at the City University of Hong Kong have won a top award for the third year running.

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The team lifted the prize for Best Research Project awarded by the Hong Kong Society of Accountants.

The winning project looked at the factors determining ethical development and found students with work experience had a lower level of moral reasoning than those who had not worked.

'We chose the topic of ethics because we believe it is an essential element in the career of an accountant,' said Charmain Chan Wing, a member of the winning team.

'We come across a lot of confidential material and can easily commit faults if our ethical values are low.

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'The Wall Street Journal Index 1989 showed that an average of three articles containing faults or illegal facts could be spotted in the paper every day.

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