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Article on ethics considerations in financial management

Use the Internet or other resources to locate an article regarding ethics considerations in financial management. Prepare an analysis of your article. Discuss how ethics impacts the financial decision-making process and explain the ethics considerations involved in the financial decision making outlined in your article. Identify the financial management objectives of the organization in your article and explain how these objectives may have influenced financial decisions that were described in the article. Be prepared to discuss your analysis in class. Make sure you use APA guidelines and format.

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Location of an article regarding ethics considerations in financial management:
http://www.globalethics.org/newsline/members/issue.tmpl?articleid=12170113313194

Discuss how ethics impacts the financial decision-making process and explain the ethics considerations involved in the financial decision making outlined in your article. Identify the financial management objectives of the organization in your article and explain how these objectives may have influenced financial decisions that were described in the article. Be prepared to discuss your analysis in class.

HOW ETHICS IMPACTS THE FINANCIAL DECISION-MAKING PROCESS
The Enron executives were playing financial shell game. This was unethical. It meant that the executives misled the management, the shareholders, the employees and the government. If there had been integrity in the executives, they would not have "played the shell game". The alleged irregularities took place because financial expediency was given more importance than honesty and veracity. Berardino and his company's responsibility was to go through Enron's books and study them and restudy them till every nuance was known to Arthur Andersen. The audition cannot morally and legally say that the US finance regulations are 'too complex'. His company was being paid $47.5 million for working through the Enron accounts and mastering the US finance regulations. In other words Berandino is admitting that he and his company took the money but did not do a candid job. Is this honest? Is this ethical? Had Berodino been ethical Enron would not have continued with the financial irregularities that led to its fall. If there had been a 'paucity' of information, then Enron had every right to demand an explication and get it. If SEC had been ethical, ...

Solution Summary

Article on ethics considerations in financial management is summarized using Enron as a lens.

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