Monday, April 29, 2019
Ethics Case Study Example | Topics and Well Written Essays - 750 words - 2
Ethics - Case Study Exampleethics of the captain standards which permits her to prevent slash, undue influence and conflict of interests of others to override work judgments or professionals.The stakeholders that will be affect by the unethical decision which may arise following the request made by Mr. Rashid, the managing music director, includes the customers, the investors, the business partners and shareholders. The stakeholders deserve to be told the truth pertaining to the performance of the business (Amat & Gowthorpe, 2013). This can only be do if the correct, in force(p) and accurate figures are recorded.Maryam Mohammed should refer the managing director to relevant regulations and laws that are against such an action. She should tell Mr. Rashid that the action is against the principle of ethics in the accountant profession (Amat & Gowthorpe, 2013). She has a professional obligation of ensuring that silver dollar and accuracy is done and she should not be involved in actions that discredit her profession.Maryam should be able to report the unethical discharge to the companys audit and financial committee or her supervisor at the place of work. A professional accountant has an obligation of preventing undue influence, conflict of interest as well as bias of others to override business judgment or profession (Amat & Gowthorpe, 2013). She should do follow up to ensure that the Managing director is punished.Ethics can be defined as the discipline that deals with what is bad or good and with good obligations and duty. Accounting is the process that involves describing the business processes in numbers. The bookkeeping numbers of a companys chronicle records should be accurate and honest in order to be considered ethical. Ethical dilemmas in accounting think of a supervisor directing a subordinate to interfere with the actual financial figures. Accuracy and honesty are the ethical issues in accountings. Accountants as well as bookkeepers have an obligation of ensuring information is
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