Ethics Program AC504: Ethical Issues in Business and Accounting July 7‚ 2013 Amy Muscarello Our new company is a family owned distribution company called TAM’s. The family has one corporate office in Palatine‚ Illinois. They have ten warehouses in Ohio (Cincinnati‚ Dayton‚ and Cleveland)‚ Wisconsin (Madison and Chippewa Falls)‚ Illinois (Bloomington and Palatine)‚ Minnesota (Eagan)‚ Indiana (Indianapolis)‚ and Michigan (Detroit). The father and son are the CEO and CFO of the company. They
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Code of Ethics of Company X Introduction The success of Company X is largely determined by the ethical actions and integrity of the employees that support Company X. We are committed to providing education and dialog to promptly address ethical questions or concerns raised by an employee. Managers should encourage discussion amongst employees especially regarding ethics. Ethics dialog should become integrated into a normal work day to keep ethics fresh on everyone’s minds and allow for manager
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What is the company worth per share? We will value the company using George’s forecasts. The spreadsheet accompanying this solution (sheet 4) sets out a forecast in the same general format as Table 4.4. Historical results from 1999 to 2004 are also shown. Earnings per share (EPS) equals return on equity (ROE) times starting book value per share (BVPS). EPS is divided between dividends and retained earnings‚ depending on the dividend payout ratio. BVPS grows as retained earnings are reinvested
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contracted for (such as foreign currency accounts receivable‚ accounts payable‚ and other debts). Operating exposure deals with changes in long-term cash flows that have not been contracted for but would be expected in the normal course of future business. One might view operating exposure as “anticipated future transactions exposure‚” although the concept is broader because the impact of the exposure might be through sales volume or operating cost changes. Given a known exchange rate change‚ the
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LearnRite.com offers e-commerce service for children’s edutainment products and services. The word edutainment is used to describe software that combines educational and entertainment components. Valuable product information and detailed editorial comments are combined with a wide selection of products for purchase to help families make their children’s edutainment decisions. A team of leading educators and journalists provide editorial comments on the products sold by the firm. LearnRite targets
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depreciating ruble mean for Russia’s commercial trade and its war on inflation? MC2-2 © 2015 Pearson Education‚ Inc. All rights reserved. Exhibit A Russian Ruble/U.S. Dollar Exchange Rate MC2-3 © 2015 Pearson Education‚ Inc. All rights reserved. MiniCase: Russian Ruble Roulette • • • • • • MC2-4 After a number of years of a highly controlled official exchange rate accompanied by tight capital controls‚ the 1998 economic crisis prompted a movement to a heavily managed float. Using both direct
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inevitable at all levels of business and this means that it’s simply makes good sense for companies to take seriously the task of institutionalizing ethics in their company. Accordingly‚ an important segment of corporate America has begun relying on such tools as‚ statements of corporate values‚ codes of conduct‚ ethic workshops‚ and hotlines for whistleblowers. In this paper I am outlining an ethics program for a new company. Starting a company with an ethics program already in place will deter
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MINI-CASES Question Case 1 2 3 4 5 6 7 1. Andersen: An Obstruction of Justice? C.83 C.83 C.83 C.83 C.83 B.63 C.83 2. PTL Club—The Harbinger of Things to Come 3. GM 11.74 12.65 11.74 12.65 11.74 12.65 11.74 11.74 11.74 4. Unhealthy Accounting at HealthSouth 4.64 4.64 5.70 5.70 C.82 G.84 5. KPMG: How Many Firms? B.64 B.64 B.64 1.56 6. Something Went Sour at Parmalat 6.58 7.72 4.65 12.64 7. GE: How Much Are Auditors Paid? B.65 B.65 B.66
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Objective 310.2.3-08: Develop an ethics program for a company. Created Company Name: Blue Moose Management Consultants Welcome to our team. We are dedicated to providing our employees a pleasant work atmosphere helps to ensure excellent customer service and protection to our clients through Blue Moose Management Consultants (BMMC) You have been selected from a pool of other candidates because we believe you have the right attitude for success. In addition‚ we feel you will add value to our
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Ethics training program Introduction Ethic environment is the heart of corporate culture. That is why today more and more companies starts to provide and ethical training programs to employee rather than just f=giving them existing policies. Sometimes‚ job training even starts with ethics training and actual skill training becomes the second step. To cooperate with challenges provided by modern company profile: ex. cultural diversity‚ empowerment‚ wide span of control‚ departmentation etc.; human
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