It is the responsibility of management to apply accounting standards when communicating with investors and creditors through financial statements. Another group, auditors, serves as an independent intermediary to help ensure that management has in fact appropriately applies GAAP in preparing the company's financial statements.
Sam invested $100,000 in TechCo, a startup high technology venture. Four years ago Techno declared bankruptcy. Sam wrote off his $100,000 in worthless securities as long-term capital loss. This year, Sam receives a $40,000 from the bankruptcy trustee in final settlement of the TechCo's affairs. Sam now realizes he should n
See attached case file. What responsibilities does the HR department of a company have? What specific actions should Jane Rintoul take? OPERATION MANAGER: IAN HAMILTOM SHIFT SUPERVISORS: BRENDAN WRIGHT, TYSON COLLINS JOB-SCHEDULES PLANNER: TERRY JACOBS JOB SCHEDULES COORDINATOR: PETER VIJUC As Jane Rintoul, attemp
The Big Business of the Olympics and Bribery LEAD STORY-DATELINE: The Washington Post, January 15, 1999. Salt Lake City and the state of Utah are considered synonymous with the Mormon Church and the morality that flows from religious pursuits. A recent bribery scandal relating to Salt Lake City's successful bid to host the
An upcoming meeting with your new company's chief executive officer (CEO) and other executives is a great opportunity for you to share your knowledge of potentially defective products being sold to customers. You are not sure if others are aware of this issue, and the defective products could possibly lead to serious injuries. T
During 2002, Enron corporation hid large liabilities from its balance sheet. Worldcom admitted to recording expenses as assets. Both companies tried to improve their financial appearance by window-dressing their financial statements. Is this an ethical issue? If yes, what is the ethical issue? Do research on these two companies.
How would you explain the following: 1. Implementing Ethics Code 2. Employee reactions to Ethics Code 3. Impact of Ethics Code on the Organization
Think of a company with which you are familiar. What issues of social responsibility must that company address? What consequences might company face if those issues are not addressed?
Please see attached case study. Questions 1) Many employees in sweatshops, having come from jobs that pay even less and offer no benefits or security, see employment in a sweatshop as a means to a better life. What rights do human rights advocates from developed countries have to oppose the use of sweatshops by foreign f
Please see that attached file. Provide some discussion points regarding the analysis of the Ethics Awareness Inventory attached.
This detailed solution consists of 1052 words and 5 references in APA format. Regarding ethics -utilitarian principles, affirmative action, and discrimination.
This response describes in detail the utilitarian principle, affirmative action and employment discrimination.
Ethical behavior, drug use in the work place with examples and stats.
Defining ethical behaviors, specifically bribes with given examples.
1. Heineman, Jr., B.W. (2007) Avoiding Integrity Landmines Harvard Business Review; Apr2007, Vol. 85 Issue 4, p100-108, 9p, 3 Illustrations Article Brief "The author presents his personal experiences serving at General Electric Company as chief legal officer for nearly 20 years in a discussion of corporate ethics. Examples include a GE manager in an emerging nation who was fired for failing to conduct required diligence on dubious third-party distributors. Also cited are two executives who were fired from GE for permitting a culture of ethical indifference to exist in their respective business units, even though neither did anything personallyunethical. The author cites GE's response to the Enron, WorldCom, and Parmalat scandals, and the emergence of the "aiding and abetting" theory that was leading to huge liabilities. The author provides a set of tools that companies should adopt in order to create a climate of high ethical standards. INSET: The Business Case in Brief." (Heineman, 2007).
1. Heineman, Jr., B.W. (2007) Avoiding Integrity Landmines Harvard Business Review; Apr2007, Vol. 85 Issue 4, p100-108, 9p, 3 Illustrations Article Brief "The author presents his personal experiences serving at General Electric Company as chief legal officer for nearly 20 years in a discussion of corporate ethics. Examples i
1) What types of ethical issues has your company, or a company with which you are familiar, faced in doing business internationally? Include text concepts that relate to your example. 2) How are/were these ethical issues handled? 3) What are ethical and socially responsible issues that may be implied in the global perspec
Some individuals who are engaged in international business transactions have reported a cultural component to ethics. You are working on opening a branch of a food distribution operation in a foreign country, and a local official suggests that a little cash would help your company get started. Research international business
1. Why do many business managers feel that ethical behavior is essential to the profitability and survival of their firm? 2. What are the similarities and differences between net income and cash flow? Is it possible to have positive net income and negative cash flow? If so, how? 3. How do you think the time value of mone
Two weeks after firing two top managers for failing to meet company standards at International Industries Corporation, your supervisor has appointed you to research why the previous managers have been fired. After researching, you discovered that they were fired for taking bribes from a representative agent to buy certain produc
Weather you're and employer or an employee you should know what your rights are when it comes to Internet use in the workplace. Mark Grossman a Florida attorney who specializes in computer and Internet law gives answers to some basic questions. Scenario 1 Nobody told you that your Internet use in the office was being monitor
The solution discusses decision making in business from an ethical standpoint. Solutions to a specific case outline the various decisions that can be made, based on various theories related to ethics. The solution also discusses environmental law and the duties of the EPA. In the case presented, George is the plant manager o
Should the top executives of the major banks that received bail-out money be allowed to receive large bonuses? Clearly identify the utilitarian and deontological implications of your position. Be clear how your answer respects basic rights and has consequences that are for the greatest good.
Regardless of how the public perceives the accounting profession as a whole, a recent study suggests that there continues to be a significant disconnect between the perceived responsibility accountants have to their clients and third parties, and their actual responsibilities. The study, Public Perceptions in a 'Post Enron' W
Can anyone help me out please. The final project step for this unit is to analyze your CSR report for social accounting. To do this you should write up an analysis that addresses the following questions. 1. In what ways is the company that you are analyzing applying social cost accounting? Give specific examples. 2.
Prepare a paper regarding the use or misuse of ethics in negotiations. Please include 4 references Be sure to address the following: 1. What is the role of ethics in negotiations? 2. How does organizational culture impact ethics in a negotiation? 3. Describe a personal negotiation in which ethics played a role.
Topic 1- Post the URLs of the websites you visited and give one example of a research ethics violation. Assignment Checklist: 1. Distinguish a legitimate website concerning research ethics. 2. Discuss a description of the research ethics issue (violation). 3. Interpret the violation and why it would be considered u
Can someone please help me with this because I really don't understand these questions please. I think that they want 200 to 300 words for each one so please can someone help me please Do you think they are doing an adequate job of accounting for all the externalities they are incurring? What do you think British Petroleum
Ethics Article Review. Using the Electronic Reserve Readings (ERR) for FIN/324, the Internet, or other resources locate an article discussing ethics in accounting and financial decision making. Prepare a review of your selected article. Address the following items in your review: a. Briefly summarize the article. b. Rel
You are the CFO of a company that is capitalized with 50% debt and 50% equity. The debt is in the form of debenture bonds, which have relatively weak indentures. The President and COO, who is also a major stockholder, has proposed issuing new secured bonds and using the cash raised to expand into a potentially profitable but v
Read this case study at: http://www.kucourses.com/ec/media/store/mediausobu/MT310_0903A/MT310_4/CaseStudy_Amtrack.pdf Answer the following questions: 1) Who are the stakeholders in this case? 2) What are the interests of the stakeholders? 3) What is this corporation's social corporate responsibility in this case
1. Are corporate ethics codes effective in preventing improper employee behavior? Explain your answer. 2. In assessing risks, is it important to quantify possible losses in monetary terms? Why or why not?