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Louisiana State University, Shreveport *

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700

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Business

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Jan 9, 2024

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pdf

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2

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A Reporting Dilemma: Hiring Freeze Headcount MBA 700 Spring 2023 Questions: 1. Behavioral ethics is a descriptive, as opposed to a normative, approach to ethical decision- making. This approach addresses how people actually make ethical decisions as opposed to how philosophers say they should make decisions. Desires and self-interest powerfully influence the way one interprets information. When motivated to reach a particular position, a person usually does. Psychologists conclude that overcoming unconscious biases is challenging, resulting in faulty moral reasoning that further social agendas, to justify actions. What action might innate biases lead Sam to select? How might Sam overcome these biases and make an ethical decision? 2. A virtue ethics approach to ethical decision-making requires identifying the civic and business virtues expected of executives and then selecting the alternative course of action that best reflects those desired virtues. Aristotle believed that when determining which virtues should be rewarded, one should consider the purpose of the social or, in this case, business practice in question. Aristotle’s view of the moral life was living a life of virtue, which is the “good life.” Virtues are character traits that go deep down inside of people. Desirable virtues are determined by deliberation within the community. What is the purpose of the controller, and what virtues should be honored? 3. After deliberation and agreement within the professional communities, desirable virtues have been recommended in the IMA Statement and the AICPA Code of Professional Conduct. IMA recognizes competence, confidentiality, integrity, and credibility as values to which accounting professionals are responsible to adhere. The Principles section of the AICPA Code of Professional Conduct expresses tenets of ethical and professional conduct. These responsibilities include cooperation within the profession, acting in the public interest, maintaining integrity, discharging services objectively free of conflicts of interest, maintaining independence for attest clients, striving to continually improve competence and quality of service, and discharging responsibility to the best of your ability. Additional sources of virtues might be one’s social and spiritual communities. What are desirable virtues to guide Sam’s decision according to the IMA Statement? What course of action is consistent with these virtues? 4. As discussed previously, the IMA Statement indicates that ethical principles include honesty, fairness, objectivity, and responsibility. As a CMA® (Certified Management Accountant), what are Sam’s professional responsibilities related to the headcount reporting dilemma? Likewise, the AICPA principles include exercise of sound moral judgment, acting in the public interest, integrity, objectivity, and due care. What are possible courses of action that Sam could take? Considering the IMA Statement and the AICPA Code of Professional Conduct, which action should Sam take?
Instructions 1. Complete this case study in MS Office Word format. Double space, no more than 3 pages. A cover page is optional. Three pages do not include a cover page and references. 2. Use an academic writing style to write your analysis. 3. Use Turnitin to check similarity. This is built in the case study on Moodle. A score of 20% or below is required. Additional information can be found in the syllabus. 4. Use the APA style to cite references if needed. If it is your original idea, you do not need to cite. 5. The grading is based on the above requirements and how you elaborate your arguments and answers.
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