............................................................................... 3 5. WHAT IS NOT ACCEPTABLE...................................................................................................... 4 6. FACILITATION PAYMENTS AND KICKBACKS .......................................................................... 4 7. DONATIONS ................................................................................................................................. 5 8. RESPONSIBILITIES
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Issues In Auditing and Professional Practice ASSIGNMENT QUESTIONS The questions in this assignment are extracted from the text book for this paper; Reference: Johnson‚ R. (ed)‚ Readings in Auditing Volume 2‚ John Wiley & Sons Australia‚ 2007. Answer the following 4 questions: Question 1: (Chapter 10 “Australian Wheat Board”‚ p135 Question 4) Discuss the lessons to be learnt from the AWB scandal. Question 2: (Chapter 12 “Fraud prevention and detection- further guidance”‚ p158 Question 3)
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Angethlor Wimberly How Personal Can Ethics Get February 5‚ 2010 Valerie Young is a marketing manager for Wisson‚ a fragrance company headquartered in Chicago. While working for Wisson‚ Valerie discovers information that questions her ethics and places her in compromising dilemmas. The discovery contributes to the stressors she experiences. Her manager‚ Mr. Lionel Waters‚ was hired by Wisson for his successful contributions to the female fragrance industry. Mr. Waters is responsible for the
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Dealing with Fraud Joseph B. Amah Professor Dr. Wanda E. Allen HSA 515 Law and Health Care System Strayer University Delaware County Campus June 18‚ 2013 Abstract Fraudulent behaviors have deep rooted history in most American organizations‚ including medical institutions. There is no doubt‚ therefore‚ that one of several ways an administrator can succeed as a Chief Nursing Officer (in a facility wrecked by news of abject corruption
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BUSINESS COMMUNICATIONS CHAPTER 3 INTERCULTURAL COMMUNICATIONS Page 104‚ 3.1‚ (choose any three) A. Definitely the American businessman did not study the Saudi ethics principles before visiting the country; he made several ethical mistakes. B. He had to inform the team what was the point of the meeting‚ so that people would be prepared for it with ideas. C. The Spanish guys needed to study the business ethics in USA; not anyone needs to receive the information (only those who are concerned by it)
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CASE 2-5 Coping with Corruption in Trading with China Corruption is on the rise in China‚ where the country’s press frequently has detailed cases of corruption and of campaigns to crack down on it. The articles primarily have focused on domestic economic crimes among Chinese citizens‚ and on local officials who have been fired or assessed other penalties. Indeed‚ China has been rated by Transparency International as number 59 of the 102 countries the German organization rates on its “Corruption Perception
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On May 14‚ 2013 Attorney General Eric Holder and Department of Health and Human Services (HHS) Secretary Kathleen Sibelius announced “nationwide takedown” by Medicare Fraud Strike Force operations‚ in eight cities that resulted in charges against 89 individuals‚ which included doctors‚ nurses and other licensed medical professionals‚ for their alleged participation in Medicare fraud schemes involving approximately $223 million in false billings. In Chicago‚ seven individuals were charged‚ including
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protecting patients’ personal information‚ performing procedures on patients that are most beneficial to the patient and not the hospital or doctor. Another ethical dilemma can often be found in contracting and purchasing. Some companies will offer “kickbacks” or other benefits to contracting agents or companies to encourage or bribe them into purchasing their products or services. This practice is highly unethical but very common‚ and can often do more harm to a company than benefit. A company must strive
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corruption is not something good. But we can interpret it in so many ways. Corruption may include many activities including bribery and embezzlement. Bribery is the improper use of gifts and favors in exchange for personal gain. This is also known as kickbacks or‚ in the Middle East‚ baksheesh it is most common form of corruption. Embezzlement involves someone with access to funds or assets illegally taking control of them. I think it’s not a bad thing being fickle because sometimes it is good to be fickle
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Large kickback scheme At the very beginning of the entire fraud by Livent‚ the two executives‚ Drabinsky and Gottlieb‚ fabricated transactions that did not exist at all‚ in order to transfer the revenue of the company secretly to their own pockets. They made the fake transaction on their balance sheet by colluding with their vendors. Drabinsky and Gottlieb received the money from vendors and asked them to fabricate evidences of charging fees. Manipulation of accounting records The kickback scheme
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