Unethical Practices in Finance UNETHICAL Describing unsuitable behavior, even if the behavior is legal. Unethical behavior may violate a code of conduct for a particular industry or sector. Professional organizations may censure or revoke the licenses of those professionals who are found to have committed unethical acts. SOME EXAMPLES OF UNETHICAL PRACTICES 1. Holding up bills of vendors on silly reasons and ultimately buying from others to avoid payments to earlier vendors. 2. Delay in paying wages, interest to financiers, incentives, bonus to employees. 3. Cheating employees of their dues towards medical expenses, leave travel assistance, children education fees, etc. UNETHICAL THINGS IN FINANCE FRAUD A fraud is a dishonest act by an employee that result in personal benefit to the employee at a cost to the employer. Example- a bookkeeper in small company diverted Rs. 75000 of bill payment to a personal bank account over a three year period. MISLEADING FINANCIAL STATEMENT B...