Ethical Dilemma at Northlake

In this case, there are several conspirators who is involved in the fraud receiving punishment from either SEC or federal government. Robert Levin, the AMRE executive and major stockholder, and Dennie D.Brown, the company’s chief accounting officer, were subject to the punishment in the form of a huge amount of fine by the SEC and the federal government. This punishment came from reasons. After AMRE going public, the company have the obligation to publish its financial reports but its performance did not meet expectation. The investigation by SEC shows that Robert took the first step of this scam, fearing the sharp drop of AMRE’s stock price because of the poor performance of company. He abetted Brown, to practice three main schemes to present a false appearance of profitable and pleasant financial reports. Firstly, they instructed Walter W.Richardson, the company’s vice president of data processing, to enter fictitious unset leads in the lead bank and they originally deferred the advertising cost mutiplying “cost per lead” and “unset leads” amount, so that they deferred a portion of its advertising costs in an asset account. The capitalizing of advertising expenses allowed them to inflate the net income for the first quarter of fiscal 1988. Secondly, at the end of the third and fourth quarters of fiscal 1988, they added fictitious inventory to AMRE’s ending inventory records, and prepared bogus inventory count sheets for the auditors. Thirdly, they overstated the percentage

An implicit theme of this case that I want students to recognize is the contrast between the persistent and vigorous efforts of David Sokol to “get to the bottom” of the suspicious items he uncovered in JWP’s accounting records versus what Judge William Conner referred to as the “spinelessness” of JWP’s auditors. The JWP audits were similar to most problem audits in that the auditors encountered numerous red flags and questionable entries in the client’s accounting records but, for whatever reason, apparently failed to thoroughly investigate those items. On the other hand, Sokol refused to be deterred in his investigation of the troubling accounting issues that he discovered. The relationships that existed between members of JWP’s accounting staff and the Ernst & Young audit team apparently influenced the outcome of the JWP audits. Of course, the Sarbanes-Oxley Act of 2002

The main ethical dilemma encountered occurs because two major companies, Woburn, W.R. Grace and J Riley Leather, were responsible for polluting Woburn’s drinking water through the negligent dumping of carcinogenic solvents. This negligence is further compounded by the fact that the companies blatantly knew that their actions were polluting the local drinking water with trichloroethylene, a labeled carcinogenic. Furthermore, the companies made no attempt to clean or contain the hazardous waste, and the companies systematically hide their conspiracy. Their actions can be justified through the utilitarian ethical theory. Utilitarianism is a normative theory that focuses the moral correctness of an action on the consequence rather than the action itself. Additionally, this view is based on the hedonistic view that humans naturally seek pleasure and avoid pain. In regards to the companies in the film, they dumped toxic waste into the water supply to save time and expenses that would otherwise be utilized to hire a company to clean up the toxins. In their perspective, they avoided the pain of extra expenses and sought the pleasure involved in saving the money for personal

People from all walks of life face many ethical dilemmas. These dilemmas have consequences. Our worldview determines how we deal with these dilemmas, and guides us to the right decisions. In this essay, I will examine an ethical issues through my Christian worldview. I will also present other viewpoints, and compare them to mine.

In the stimulus material, Charles Embry, an Ex-PG&E employee gave Erin private information about the pollution in the water. Embry used to work in the factory, he claims that most papers were useless until some involved water contamination and chromium, Embry stated he was told to destroy these papers, yet he gave Erin this information to revenge his cousin. It is known to be ethically correct in terms of society, because of the fact that he was seeking for a social good; yet unethical because all employees should seek the welfare of each organization they are working at.

In the late summer of August 2005 the Gulf Coast was preparing for a hurricane that no one ever imagined would be such a detriment to the beloved town of New Orleans, LA. Hurricane Katrina was a category five hurricane, according to the Saffir-Simpson Hurricane Scale. On August 29, 2005 Katrina made land fall as a category three hurricane with wind speeds around one hundred and forty miles per hour. Evacuation efforts in the state of Louisiana were non-existent for many families including the local hospitals and nursing homes. The hospitals became shelters for the surrounding nursing home facilities, current patients, the staff, families of the staff, and even pets. One of the most unethical debates from this disaster occurred in a local hospital where patients were given lethal doses of drugs and euthanized by Dr. Anna Pou. The conditions at Memorial Hospital were anything but ideal, but no person is obligated to decide who survives and who perishes.

The Goodner Brothers, Inc. audit case is based off the story of two men who have been friends since their childhood: Woody Robinson and Al Hunt. Now as adults, Mr. Hunt works for an auto supply store while Mr. Robinson works for Goodner Brothers, Inc., a tire wholesaler in Huntington, West Virginia. In the Goodner case, internal auditors were conducting their annual inventory counts of Goodner Brothers, Inc. and determined that their numbers were lower than the book inventory numbers by $143,000. As it would with any company, the misstatement of inventory raised red flags forcing the company to contact their independent audit firm to investigate the inventory shortage. The

The ethical dilemma that the National Collegiate Athletic Association (NCAA) faced in this case was prioritizing the rights of the individual as opposed to prioritizing the revenues of the organization. This could also be interpreted as a stakeholder versus shareholder situation in which the stakeholders are the student athletes and the shareholders are the universities that expect to earn revenue from their athletics teams. The NCAA has a responsibility towards both groups. As a national organization, they would want to protect the rights of the individuals in order to defend student athletes from exploitation and from being taken advantage of. This meant that students could not be used for advertising or marketing purposes. However, the NCAA

The dilemma/ethical issue that arises out of this case is in the hands of Jill Lassiter. She is the newly appointed executive director of a charity dedicated to helping single mothers called Good Works for Women. She must get the financial statements in order so that they satisfy Ms. Lyndelle Oakes, the organization’s largest donor. Jill must decide whether to restate her budget using faulty estimates or to be honest about the organization’s difficulties and face losing a crucial donation.

Unfortunately, a quick scan of the business news will normally result in reports of unethical business behavior. To prove this point, let’s start with a review of the news for stories about fraud and other unethical behavior in business. You can use the University Library to start your search. Once you have located an article share it with the class by developing a summary of the important information. Make sure that you give credit to your source.

Milton Manufacturing Company is a closely-held company has been in business since 1999 when its President Irv Milton first opened the business with its primary operations in Long Island City, New York and factory branches and warehouses in surrounding areas. The business had increased revenue over its first ten years of business from $500,000 in its first year to $5 million in 2008.

Residents complain that the waste is making the water unsafe for families and their children, and is killing water life and vegetation downstream. Plant managers state that they are doing nothing wrong and are meeting all legal and regulatory requirements. Are the manufacturer's actions ethical? Discuss the reasoning for your opinion. Describe two steps the manufacturer can take to improve their business ethics? (4 Marks)

I have two issues and wanted to know if we have a policy on each one?

Dear Leo, -I had a conversation with my case manager Ms., Mila from WSIB she told me that I needed to go to a specialty clinic to get a new diagnosis on my soft tissue injuries because you sent her such referral for me nonetheless I was never informed by you nor you discussed such referral with me in my first visit to the physiotherapy clinic where we met and you completed form 8 for WSIB conversely Dr. Daniels as a family physician with high ethical standards with his professional practice got very concerned that I might had internal bleeding when my co-worker took me after picking me from the stairs injured and upon my request he drove me to his walking clinic where my co-worker narrated to Dr. Daniels as a witness my accident Dr. Daniels

After review the table l decided not to disclose any information because the harm was more than benefit. Based on the information provided the percentage of infection is very small. The side effective of action is more harmful because the company might close down and coworker will lose job, so many lawsuits in court from previous patients, I will not be able to support my family because l won’t have a job.