Week 1 – DQ 1. What ethical dilemmas might CPAs experience? Explain what ethical responsibility a CPA might neglect. (Ch. 17 of Financial Accounting Theory and Analysis) According to our text‚ there are five ethical dilemmas that accountants can experience: ❖ Independence: the accountant must be separate from the company ❖ Scope of Services: the accountant/auditor should not provide services that is not required by an accountant/auditor (consulting‚ tax return preparation‚ tax advice)
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senior manager in the firm’s corporate accounting division. Two years later in her position she experienced a major ethical dilemma. The company WorldCom was a very successful company up until the middle of 2000 when the telecommunication industry entered a protracted slump. The company’s earnings were not Wall Street expectations‚ and it was saddled with unpaid bills. Vinson’s job was to repair the problem by doing some wrong accounting practices. The ethical dilemma is weather she should or shouldn’t
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The purpose of this memo is to identify the ethical dilemma Helen is trapped into and her responsibilities towards making the correct decision. Helen Kanell is a final year student with a 4.0 average grade point at the Empire State University. She is also the president of Beta Alpha Psi‚ the accounting student honor society. Being a president of such honorable society requires a great deal of responsibility and time commitment. Helen is already appointed a position at the Big & Apple LLC. Yet‚ Helen
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Week 2 Assignment 1 LaMarcia Smalls South University Principles of Management Week 2 Assignment 1 Stepping away from a company that has brought sales up to an increasing 15% will take courage. Will you have the courage to stand for what is right for the current workers working for a company that is working long hours and a few dollars a day or continue doing business that may cause backlash from the media and public? You are responsible for deciding if you will continue to do business
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Part A: Ethical Dilemma Essay Ethical Dilemma Description British’s fourth largest mobile operator‚ T-Mobile who is under E E Phone Company faced an ethical dilemma that concerned the T-Mobile company recall matter in the year end of 2008 till 2009. The stuff in T-Mobile‚ United Kingdom allegedly sold customer data to brokers‚ who in turn sold it to other competing phone firms. These firms then started calling customers‚ whose contracts with T-Mobile were about to expire‚ trying to get them to
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The Truth and Reconciliation Commission‚ however‚ also had its fair share of disadvantages. The main disadvantage was that many of the victims simply did not feel that justice had been conducted. The horrible reign of apartheid had lasted for a period of 45 years‚ and now the TRC was asking them to simply forget the wretched past. In the meantime‚ all the perpetrators of crimes from the era where walking away scot-free. To me‚ it just does not seem fair that these villains of such hate crimes can
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1. Using consequential‚ rule-based and character theories‚ evaluate Jim’s options. • Consequential-Jim would need to assess how it would affect each worker and the company and identify the benefits or damage it would cause if he fired Bill. Jim would need to makes sure the benefits outweighed the harm. If firing Bill is helpful to the company‚ then it would be acceptable. • Rule-based-With this theory‚ Jim needs to look at the other workers to see if maybe Bill is getting his attitude from them
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Personal & Business Ethics APPENDIX I Ethical Dilemma Scenarios for Speaker Selection Notes: 1. The following details are also located in the “speaker notes” of the presentation 2. Select appropriate scenarios listed below given the timeframe and audience Ethical Dilemma Discussion (1) You are taking an Algebra exam and you notice the person next to you is cheating off of your paper. You have studied very hard for this exam because you want to maintain good grades and
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Ethics Of Movie "The Firm" The ethical climate of The Firm was mixed up and hostile at times. Certain characters had good morals and values. The law firm itself appeared at the beginning of the movie as a family oriented company and held values to which would follow this thinking. However‚ even before the lead character‚ Mitch McDeere‚ decided to take the job‚ certain questionable elements about the law firm are revealed that indicate that the firm’s ethics are out of line. A few of these elements
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Analysis of an Ethical Dilemma There are several key players involved in the Japanese culture dilemma. The first major player is Ryan McNamara who has been called into the office by his manager‚ Natalie Berman of Pryor Sterling Inc. She informs him of a “crucial project with ties to three of the firm’s major international accounts” in Tokyo (Nelson & Quick‚ p.66). Natalie provides Ryan with information “on the specifics of the project and timetable for completion” (p. 66). The other key players
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