Newer business situations are leading to much more complex ethical issues. Research on this subject shows that in the financial side of businesses, most businesses are under high pressure to show very good quarterly results. However, this is not possible and only by slight manipulation of numbers is a good result often shown. The financial people who work to show these manipulations should be aware that they are falsely representing data and must be able to speak up when they are expected to indulge in unethical actions. There are many ways to raise the issue with the higher heads of the employee and breaches can also be directly reported to the SEC in case of the United States and an equivalent in other countries. Special whistleblower programs exist to protect the person when they decide to speak up against the issues and professionals should not fear to do the right thing.
Finally, despite the existing code of ethics and legal elements, the person would follow the codes only as much as they believe in it themselves (Gentile, 2013). Ethical obligations and more must be understood by the person in a more personal level. They should identify the ethics of the company as it applies to their own moral compass and only in achieving so would be able to meet the ethical challenges in the workplace. Where possible, the individual must follow frameworks for ethical decision making, such as 1) recognizing an ethical issue, as in an issue concerning good versus bad, 2) get the facts about the issue, 3) identify all the relevant stakeholders for the issues, 4) evaluate alternative course of actions such as under the utilitarian approach, the rights approach, the justice approach etc., and finally 5) make the decision and reflect (Santa Clara University, 2015).