Acct 3

The former CEO of DHBI, David Brooks ("DB"), misrepresented DHBI's financial statements, mislead the independent auditors in order to conceal his fraudulent transactions and he misappropriated DHBI's assets and funds for personal expenditures.

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There are at least 10 significant struggles and/or ethical violations discussed in the book. Read the book, choose three ethical issues or violations, and cover:

4.) Employee Compliance to the Code: The entire staff is expected to be compliant to the rules and regulations set forth by Company X. Reported accounts of non-compliance will lead to an internal investigation of both the accuser as well as the accused; disciplinary action will necessarily follow if company rules and regulations have not been adhered to or improperly dismissed. Granted that there are many different situations that could arise in which one would believe unethical behavior or misconduct transpired; therefore, it is suggested that first the issue in question is evaluated before presenting to one’s direct

Gross profit ratio had been declining through the period of 2008-2010, which indicates decrease of markup that the company achieved on its inventory, which also means that it lowered sales prices compared to costs.

A second mortgage loan officer, Sarah Harris, agreed to a $450,000 mortgage for a 20-year period at 8% interest rate after appraisal based on an income approach using 10.9% capitalization rate. Although not certain of her judgment, she considered Alexander’s projected figures realistic, but required him to personally sign the note as additional protection to the bank against loss.

Activity-based costing (ABC) methodology is an instrument designed to provide accountants and managers with valuable costing information that will allow them to make sound strategic decisions. It is used as a secondary methodology rather than a replacement for the company’s primarily costing system. The ABC methodology identifies activities in an organization and for each activity it assigns a cost. The cost reflects the actual resource consumption by each activity that has been identified.

The American College of Healthcare Executives (ACHE), has a strong impact on ethical decision making because they focus on the “entire being” of the healthcare professional. For example, in ACHE’s preamble of The Code of Ethics it states, “In fulfilling their commitments and obligations to patients or others served, healthcare executives function as moral advocates and models.” Imagine, when a healthcare administrator recites these few words, he cannot help but acknowledge the depth of his commitment and the high level of morality that is expected from him. Because of the vast number of complex ethical dilemmas that arise, ACHE further promotes the value and importance of strong ethical decision making in ACHE’s Ethics Toolkit. “When the ethical guidelines are not enough, when there is uncertainty about the proper ethical approach, and when there is a need to develop additional

Ethical principles provide generalized frameworks that may be employed in the resolution of ethical dilemmas in our daily lives. These principles may be applied to our interpersonal relationships as well as to our professional lives. However, as members of a profession, we will encounter more specific codes of ethics that are designed to govern our professional behavior and to offer some guidance for the resolution of commonly faced ethical issues that occur in the practice of our chosen professions (Syracuse University,

Select two complaints presented in the Grenyer & Lewis article (see Table 1) and explain the ramifications of these violations applying the APA’s Ethical Principles of Psychologists and Code of Conduct to each situation.

The Violation committed by the attorney on that day was ABA Model Rule 1.3 Diligence and Promptness for lawyers--this occurred in the manner that the lawyer did not act with reasonable diligence and promptness in representing a client, as the lawyer was not even present or aware of the case in that matter.

The mortgagor regularly releases the home loan through quarterly installments made for the duration of the life of the home loan. In some cases, the mortgagor may wish to make a single amount installment before the due date, which is taken care of distinctively in various state jurisdictions. For the most part, if the mortgagor wishes to pony up all required funds, he may end up noticeably subject to a prepayment charge notwithstanding the single amount installment. In any case, keeping in mind the end goal to have the capacity to make a singular amount installment on the home loan, the prerequisite is that such a provision empowering the mortgagor to make a single amount installment must exist in the home loan agreement. In situations when such a condition does not exist and when the law is discreet on the matter, majority courts hold that the mortgagor does not have a privilege to prepayment under the perfect tender in time rule, which expresses that a mortgagor may not prepay his obligations before the due date.

Rather, we brought out mitigating factors concerning the allegations. For example, we asked the management the number of the professional staff on duty that day, the number of assistants and what led to the allegations of staff A and B, the notes taken by our client on

Throughtout this written assignment there will be a discussion on ethical decision making about making a decision on possible ethical consequences that may be placed in your life, and what ethical consequences will be dealt with in the mental health professional field. Decisions could possibility pertain your conduct such as an ethical dilemma that will required a serious decision to be solved by your action as an leader. Even though a leader may not have caused the problem, they do not have a choice but to respond to the issues at the workplace. The key is how would a leader react to the issue and how their reputation and career standards will interfear afterwards. An early recognition could prevent many ethical issues from increasing in the mental health field and work environment. Ethical dilemmas could happen in many different ways, such professionals do have any act of acknowledge by knowing they have allowed themselves to be placed in a predictment without any knowing about it. This assignment will also discuss the scenario, what the reactions were from the team leader, what consequences should take place, the code of ethics and what were the results from decision making.

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