The Ethical Dilemma Of Susan Faces

By manipulating the financial statements, the company gave a false impression on its future prospects of the company, allowing them to more freely raise capital through the issuance of common stock, and inadvertently inflating stock prices.

Ethical dilemmas occur when there is a disagreement about a situation and all parties involved question how they should behave based on their individual ethical morals. (Newman & Pollnitz, 2005). The dilemma that I will be addressing in this essay involves Michael, recently employed male educator working in the nursery, and parents of a baby enrolled at the centre. The parents have raised concerns about male educators changing their child’s nappy as they have cultural practices that do not allow this practice to take place. This situation is classed as an ethical dilemma as there is a dispute between cultural beliefs and legal requirements within the workplace. There are four parties involved (parents, child, educator and director), all

Shareholders were led to believe that CA was more profitable than it was, and consequently suffered enormous losses. They had either paid more than they should have for the stock, or held on to it when, if they had known the truth, they would have sold it. 12 This extra compensation was at the expense of shareholders. 13 Richards’ actions would be considered unethical under the utilitarianism position, as his actions harms others, and under deontological positions, as he did not follow rules. In this sense, Richards’ actions would be regarded as much more serious under a deontological position, than under a teleological-parochialism position. 14 Accounting flexibility, or financial reporting choice, may also

We, the employees of Company X, at all levels, recognize and accept a personal obligation to our organization and profession, its stakeholders, and the communities we serve. We hereby commit ourselves to the highest ethical and professional conduct and agree to follow all codes of ethics and conduct as well as all local, state and federal ordinances and laws. The purpose of this document is to establish a basic code of ethics that apply to all Company X employees at all levels including any temporary, seasonal, or contract employees.

John Wright is everything but right to Mrs. Minnie Wright. Minnie was a fortress of goodness, optimism and happiness. John takes destructive blows to this fortress. The blows came in the form of isolation. He emotionally and sublimely cages Minnie. Mrs. Minnie Wright like most women reaches her breaking point. Minnie reaching her breaking point leads to the killing of John. John is the catalyst to his own demise.

The ethical issues and dilemma described in this chapter is a conflict of interest where there is a romantic interest between Jackie and her future manager. Next is sexual harassment and verbally abused by the manager. And discrimination where she is asking help from the legal department but because she doesn't have enough evidence to prove that the manager abused her.

As I carefully analyze Susan’s case study, I have diagnosed her for having major depression. This is because as I’m reading her case study her sister indicates that Susan is wasting her life by staying locked up in her poorly lit house, isolating herself from the world while experiencing extreme sadness. Susan attended a mental health clinic in South Florida where she is interviewed on how she is feeling. In order for you to have major depression you must betray a depressive mood or loss of interest in nearly all activities. Likewise, the individual should experience at least 4 additional symptoms. In her case study I have found at least 9 symptoms present that help back up why I’m diagnosing her for major depression. While visiting the mental

The following sections will help to generate alternative solutions to discuss what Cynthia should do regarding Steve’s case, whether it is ever right to discriminate against individuals for their own goods, and whether it is a manager’s obligation sometimes to violate against their personal ethics to make decisions.

Second, Vicky must stop her boss from leading the company into a conflict with the law. Since Wendy knows what consequences might face the company, then it is Vicky’s ethical duty to stop her boss from going through with such a plan. Also Vicky herself may be legally liable if it is ever brought to light that she chose not to oppose the plan.

I learned some new things from the case article that were not mentioned in Cynthia Cooper’s book titled Extraordinary Circumstances. However, the gist of it was the same. I will focus my paragraphs based on the three questions.

The auditing firm has been in engagement with the company throughout the period when the fraud was being committed. One of the common and clear indicators of possible fraud was the company’s cash flow statement. The company experienced positive growth in its profits from the year 1996 through to the year 1998. However, a close analysis of the cash flow statement shows that the company had experienced negative figures of cash flow from both operating and investing activities and positive cash flow from financing activities which would not sufficiently offset the negative cash flows from operating and investing. It is therefore evident

If Vinson had continued to refer to each level of leadership even to the CEO, audit committee, board of trustees, the board of directors, or even the owners, and still no action is taken from them, then the IMA would have recommended that she should have gone to the next step in the resolution of ethical conduct which is to refer to an IMA Ethics Counselor. This individual or another similar independent advisor is useful in clarifying ethical issues in a confidential and unbiased manner while providing other options for individuals to take.

It is a relevant ethical dilemma because it is a situation in which an ethical decision needs to be made by a businessman (CFO of Gabriel Resources) where viable options to this case are available which will be judged further in this essay by applying ethical theory and concepts.

Issue 3: Has Patricia improperly used company information to gain advantage for herself and/or her sister?

Financial statement fraud is usually a means to an end rather than an end in itself. When people "cook the books" they may doing it to "buy more time" to quietly fix business problems that prevent their entities from achieving its expected earnings or complying with loan covenants (Fraud Magazine, 2014. It may also be done to obtain or renew financing that would not be granted or would be smaller if honest financial statements were provided. People intent on profiting from crime may commit financial statement fraud to obtain loans they can then siphon off for personal gain or to inflate the price of the company 's shares, allowing them to sell their holdings or exercise stock options at a profit (Fraud Magazine, 2014). However, in many past cases of financial statement fraud, the perpetrators have gained little or nothing personally in financial terms. Instead the focus appears to have been preserving their status as leaders of the entity - a status that might have been lost