Share
Explore BrainMass

Business Philosophy and Ethics

Accounting ethics: Ahead of the accounting curve, too.

Here is an interesting article on revenue recognition and how new pronouncements can affect the numbers. http://www.cfo.com/article.cfm/14485618 The actions taken by Apple are consistent with revenue recognition rules, but are their financial results skewed? Do these new rules make financial reporting more transparent? Ar

Ethics

Often unforeseen problems; such as the tragic Gulf Oil Spill, intensify the need to understand ethics which incorporate economic realities. Knowing important aspects of change and having an inclusiveâ?"more whole- ethical stance will support your staff while empowering you as a leader. What should be done to improve planning

Accounting Ethics and Positive and Normative Economics

Consider the following statement for the role that ethics plays in both normative and positive economics. "Ethics is the study of morals standards and how it affects conduct and I believe it is more present in normative economics than in positive economics. There are no value judgments in positive economics, though the latter

Roommates' rights to the property and responsibility for debt

Describe your question and receive a step-by-step response, usually within an hour or two. Abigail and Rachel were roommates in law school. They shared an apartment near campus. After crunching some numbers and reviewing their living expenses, they decided it would be cheaper to buy a house in a subdivision in West Baton Rou

Accounting Ethics

"During the period of 2007 to currently, America has seen the demise of Lehman Brothers, the saving of banks deemed "Too Big To Fail," mortgage foreclosures on the rise, big bonus payouts, high unemployment, a larger gap of export/imports, the crisis of European states like Greece, Portugal, Italy, loss of dollar monetary value,

Ethics Case Question

You are in your third year as internal auditor with VXI International, manufacturer of parts and supplies for jet aircraft. VXI began a defined contribution pension plan three years ago. The plan is a so-called 401(k) plan (named after the Tax Code section that specifies the conditions for the favorable tax treatment of these pl

Principles of Management, Sexual harassment and sources of differences

1. There are two basic types of sexual harassment that can occur in the workplace. Distinguish between these two types, and give two specific examples of each that could occur in a business setting. 2. Identify and describe the sources of differences in ethics between people, companies, and nations.

Business Ethics and Decision-Making

Should a marketing manager or a business refuse to produce an "energy-gobbling" appliance that some consumers are demanding? Should a firm install an expensive safety device that will increase cost but that customers do not want? Are the same principles involved in both these questions?

Research Ethics in the Field of Psychology

Human research is common in the field of psychology, which raises many ethical questions. 1). If a question must be answered that has significant negative psychological impact on the subject, such as in the Stanford prison study, is it more ethical to use human or animal subjects? 2). Are there some research questions th

Responsibility to lessen the risk of a harmful product

Argue that a manufacturer does not have a responsibility to lessen the risk of a harmful product. Please support your answer using your text and Internet research. When you quote or cite a website, please list the website at the bottom of your comments in APA citation format. In your research you might want to search Google

Accounting Ethics and Sarbanes Oxley Training

Please help answer the following questions. Provide at least 200 words. Include references at part of the solution. Do you feel it has helped holding them accountable? Also do you feel it would be a good idea to have all companies go through Sarbanes Oxley training both the public and private sector?

philosophy for my management team

What is the way you would like the management team to run your organization? What is the point of interaction and success factors with in your philosophy?

Ethics Case: Theft Reimbursement, Twice

Ethics Case: Theft Reimbursement, Twice I am the assistant controller at a medium-sized, not-for-profit organization. I hired a new accounts payable clerk three months ago?let's call her Mary, which is not her real name?and then I fired her last week because she stole $16,583 from us by altering six checks. Mary's primary du

Global ethics training program

Question. You are a high level manager for a corporation that has recently expanded into the global market. You have been asked to manage an interdepartmental team that will help you to create a global ethics training program. Imagine that your team has very little, if any, experience with ethics training or international manage

Business Ethics and Consequentialism

Case study from the Markkala Center for Applied Ethics and I need assistance formatting a 5-7 page essay. The links are provided below for the research http://www.scu.edu/ethics/dialogue/candc/cases/supplier.html Here is what really happened: http://www.scu.edu/ethics/dialogue/candc/cases/supplier_comments.html 1

Leadership & Ethics for Managers: Using Sources of Power Ethically

Leadership Challenge: Using Sources of Power Ethically The Management of a Multi-national company has hired me as a management consultant to help the Organization look into an area of concern. With many of the recent corporate scandals, the CEO is wondering how she can avoid these sorts of problems within her company. She ha

Code of Ethics: Identify the provisions that should be included in the code. Include a real-world example of an instance where a company code has demonstrated social responsibility. Describe how the company has benefited from the code of conduct or code of ethics. Describe a real world example of a company or individual who did not adhere to the code of ethics. Identify the consequences to the company and individual.

Code of Ethics: Identify the provisions that should be included in the code. Include a real-world example of an instance where a company code has demonstrated social responsibility. Describe how the company has benefited from the code of conduct or code of ethics. Describe a real world example of a company or indivi

George is a recent MBA who just joined a manufacturing firm's Cedar Valley plant as its only cost accountant. Cedar Valley is a town of 20,000 people, and the plant is one of several owned by the firm. George's boss, Arthur, tells him that management wants to automate this particular plant with robots as a pilot project, to help judge whether the other plants should be automated. Arthur admits that the community will be in an uproar due to the loss of jobs. However, the firm can save some of the jobs through retraining. Once George releases accounting information showing that the upgrade is necessary, the community will be less likely to resist. George points out that the report he sent to headquarters last year found that automation would not benefit the plant. But Arthur responds that the report was based on cost assumptions and that these can be adjusted as necessary to make the bottom line come out differently. After all, market prices fluctuate, and there is no solid proof that one cost estimate is better than another. How would you deal with this situation? What factors would you consider? Is any of our reading helpful in analyzing the issues? How, if at all, do virtue ethics bear on this case? Are there other ethical approaches that might be helpful?

I have read about critcal thinking and ethics and I need help with understanding a solution to this problem. George is a recent MBA who just joined a manufacturing firm's Cedar Valley plant as its only cost accountant. Cedar Valley is a town of 20,000 people, and the plant is one of several owned by the firm. George's boss,

Briefly describe the procedures your organization has on cash control. If you have no experience in such procedures what procedures do you believe is necessary in order to safeguard cash? 2. How much impact does Sarbanes-Oxley Act (SOX) of 2002 have on your work, your company? You can explain the before and after SOX environment. Ch. 8 - Reporting & Analyzing Receivables 3. Discuss your company's credit sales terms (i.e. what are they). If you are put into a position to make changes to your existing credit sales terms what would you be changing and why? 4. 4. What impact do you think the over- or under-accrual of bad debt allowance amount will have on a company under the current business environment of corporate malfeasance? Will that create more opportunity for "managing" the bottom line of a company? Ch. 9 - Plant & Intangible Assets 5. What type of depreciation method does you company use to depreciate its assets? What impact will different depreciation methods have on a company's bottom line? Ch. 7 - Internal Control and Cash Ch. 8 - Reporting & Analyzing Receivables Ch. 9 - Plant & Intangible Assets 6. What is a current asset? What is a noncurrent asset? What is the difference between the two types of assets? In which financial statement would you find these assets? 7. What is an example of a significant accounting estimate? What is the importance of these estimates? How do ethics play into the decision-making process? Which financial statements include significant accounting estimates? Why? 8. What are internal controls? Why do companies need them? What are some examples of internal controls? Who is responsible for developing internal controls?Briefly describe the procedures your organization has on cash control. If you have no experience in such procedures what procedures do you believe is necessary in order to safeguard cash? 2. How much impact does Sarbanes-Oxley Act (SOX) of 2002 have on your work, your company? You can explain the before and after SOX environment. Ch. 8 - Reporting & Analyzing Receivables 3. Discuss your company's credit sales terms (i.e. what are they). If you are put into a position to make changes to your existing credit sales terms what would you be changing and why? 4. 4. What impact do you think the over- or under-accrual of bad debt allowance amount will have on a company under the current business environment of corporate malfeasance? Will that create more opportunity for "managing" the bottom line of a company? Ch. 9 - Plant & Intangible Assets 5. What type of depreciation method does you company use to depreciate its assets? What impact will different depreciation methods have on a company's bottom line? Ch. 7 - Internal Control and Cash Ch. 8 - Reporting & Analyzing Receivables Ch. 9 - Plant & Intangible Assets 6. What is a current asset? What is a noncurrent asset? What is the difference between the two types of assets? In which financial statement would you find these assets? 7. What is an example of a significant accounting estimate? What is the importance of these estimates? How do ethics play into the decision-making process? Which financial statements include significant accounting estimates? Why? 8. What are internal controls? Why do companies need them? What are some examples of internal controls? Who is responsible for developing internal controls?

Internal Control and Cash 1. Briefly describe the procedures your organization has on cash control. If you have no experience in such procedures what procedures do you believe is necessary in order to safeguard cash? 2. How much impact does Sarbanes-Oxley Act (SOX) of 2002 have on your work, your company? You can explain

Business Ethics

SYNOPSIS In 2001, John Pepper, the then Chairman of the Board at Procter and Gamble ( P& G), discovered that contractors for his company had been spying on a competitor, Unilever. They had been digging through trash bins outside Unilever's Chicago offices in hope of find-ing memos that revealed the company's marketing str

Ethics and Firm Goals: Can our goal of maximizing the value of the stock conflict with other goals, such as avoiding unethical or illegal behavior? In particular, do you think subjects like customer and employee safety, the environment, and the general good of society fit in this framework, or are they essentially ignored?

Ethics and Firm Goals: Can our goal of maximizing the value of the stock conflict with other goals, such as avoiding unethical or illegal behavior? In particular, do you think subjects like customer and employee safety, the environment, and the general good of society fit in this framework, or are they essentially ignored?

What is the difference between the strategic and tactical and operation plans? What are the levels of management? Who is responsible for what? What do I mean when I use the words forces and dimensions of an environment? Explain.