401 Bus

Two of the biggest challenges that financial managers face todayare controlling spending and improving profitability, and self-moraleand motivations. Although, healthcare has been a huge challengeand is being nationally debated about on a daily basis, (Forexample, Hobby Lobby), controlling spending and improvingprofitability, and self-morale and motivations takes preference, (inmy opinion), because they will always take precedence overhealthcare. Self-morale and motivations which refers to theaccountability or financial integrity is now being referred to as the
“crisis”.
(Ethical Conduct, Frederick Militello and Michael Schwalberg).
As a result from lack of confidence in integrity-based financialleadership
, “two ideal portraits of ethical behavior emerged: the“Ethical Intelligent Financial Executive” (EIEF) and the “EthicallyIntelligent Financial Organization” (EIFO).”
(Ethical Conduct, Frederick Militello and Michael Schwalberg).
Being aware that financial integrityembodies all activities that support the complete and accuratemaintenance of financial records at a company in which these records act as a fair representation of a company’s financial position to all stakeholders, the EIFE and the EIFO, has foundit imperative to implement ethical dilemmas training to ensure that one’s own integrity holds accountability for their actions.
By implementing these situations, the financial executives becomesaware of the multiple pressures that may potentially impinge (have an affect or negative impact) on one’s integrity.
(Ethical Conduct, Frederick Militello and Michael Schwalberg).
Being that ethical dilemmasare ubiquitous (present, or found everywhere) it is imperative to continuously train and test one’s integrity especially, in business-like situations, such as financial decision – making. These situationsthat the training provide illustrate the challenges that financialmanagement face while seeking to grow and maintain long-termgrowth against competitive