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ACC 375 Week 5 Learning Team Assignment Code Of Conduct And Ethics Report
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ACC 375 Week 5 Learning Team Assignment Code Of Conduct And Ethics Report
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ACC 375 Week 5 Learning Team Assignment Code of Conduct and Ethics Report
Your team has recently been hired by a newly formed, start-up manufacturing company. You are attending a meeting to discuss the establishment of company policies in anticipation of future hiring.
As you begin the meeting, the CEO addresses the need for a code of conduct policy, with an emphasis on ethical behavior. Other members of the team discuss the issue of growing business at any cost in order to keep the company growing. The CEO acknowledges the need for growth but demands that the team determines a way for the company to maintain the highest degree of ethical standards. One member asks if it is possible to maintain the highest degree of ethical standards and still remain profitable which draws some laughter from the group.
The discussion turns to the various business cycles that are common in a manufacturing organization—specifically, the revenue and collection cycle, the acquisition and expenditure cycle, and the production cycle.
The CEO has asked your team to find 3 or 4 code of ethics documents from other companies, analyze them, and recommend ideas for your company’s code of ethics.
Search the Internet for 3 or 4 code of ethics documents from other companies.
Analyze each document, including how each addresses the three business cycles:
· The revenue and collection cycle
· The acquisition and expenditure cycle
· The production cycle
Identify the internal controls that limit unethical behavior during these cycles.
Write a 1,400- to 1,750 word report on your findings.
Address the following concepts:
· The importance of a corporate code of conduct
· The need to establish a business culture that is committed to ethical behavior
· The tradeoff between ethics and profits
· Analysis of each code of ethics document your retrieved from other companies
· Recommendations for your company’s code of ethics
Format your paper consistent with APA guidelines.
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ACC 375 Week 5 DQ 2
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ACC 375 Week 5 DQ 2
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ACC 375 Week 5 DQ 2
Explain how ethics affect company goals. Do you think that ethics always guide management’s decisions? Why?
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ACC 375 Week 5 DQ 1
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ACC 375 Week 5 DQ 1
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ACC 375 Week 5 DQ 1
Should maximizing stockholder wealth always be the top goal of a company? How does this lead to unethical decisions?
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ACC 375 Week 4 DQ 2
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ACC 375 Week 4 DQ 2
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ACC 375 Week 4 DQ 2
Describe the three components of the fraud triangle. Which component does management control?
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ACC 375 Week 4 Individual Assignment Ethical Situation 2 Unethical Behavior Memo
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ACC 375 Week 4 Individual Assignment Ethical Situation 2 Unethical Behavior Memo
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ACC 375 Week 4 Individual Assignment Ethical Situation 2 Unethical Behavior Memo
You have been hired as the new controller of a large manufacturing company. The 30-year-old company produces a selection of profitable products, but has also experienced some ethical lapses. A few months into your new role, the CEO has asked you to prepare a memo that will provide guidance to management for handling some of these ethical lapses. As you investigate, you discover a negative atmosphere in the company. Your investigation reveals the following information:
CEO: “We need to create a way to make sure our company goals are defined and align with the highest ethical standards. We have experienced issues in almost every department, and I am trying to focus on what we can do. I know you have spoken with others, and I suspect there is some unethical behavior occurring. I have heard that the accounting department has experienced some issues in the past. Specifically, issues with fake suppliers being created and paid. While this did result in the termination of one employee, I’m not sure it has stopped.”
Accounts Receivable Supervisor: “Things are pretty bad around here. There doesn’t seem to be any leadership or direction for the company. Upper management rarely conducts meetings to discuss anything, positive or negative. There are no clear goals and we only receive feedback once a year at our annual review. I have difficulty keeping the staff motivated because the meager raises. We all receive the same raise, even in a booming year when sales are high.”
Accounts Payable Supervisor: “I used to be energetic when I started working here. I suppose this place just wears you down after awhile. There doesn’t seem to be any correlation between pay and performance. You can be a high performer and receive a 2% raise or be a low performer and receive a 1% raise. Most of the staff have given up, and view their position as a job rather than a career.”
Upon further inspection, you discover that the vendor files are in disarray, and there is no proper backup to support the invoice and expense reports that have been paid.”
Sales Team Manager: “I am having difficulty getting the sales team to visit their accounts and provide acceptable customer service. Part of the problem is that the company has set the commission schedule to prior standards, when sales were easy to acquire. Each salesperson receives only 1% commission on the sales in his or her territory. I am beginning to wonder if they are visiting the existing accounts anymore. Sales are still healthy—no one seems to ask questions when the sales are healthy—but we are not seeing many new sales.”
Prepare a 750- to 1,050-word memo addressed to the management.
Explain some of the underlying motives contributing to the unethical behavior.
Recommend a few changes that might alleviate some of the unethical behavior and improve employee morale.
Address the common fraud schemes in the outflow of company funds, including check tampering, payroll schemes, and expense reimbursement schemes.
Suggest several controls for the company to implement in order to prevent these schemes.
Research using your textbooks and at least two outside sources.
Format your report consistent with APA guidelines.
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ACC 375 Week 3 Individual Assignment Ethics Situation 1 Fraudulent Schemes Report
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ACC 375 Week 3 Individual Assignment Ethics Situation 1 Fraudulent Schemes Report
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ACC 375 Week 3 Individual Assignment Ethics Situation 1 Fraudulent Schemes Report
Write a 1,050- to 1,400-word report that provides a background of common fraudulent schemes.
Research using your textbooks and at least three outside sources
Include the following:
- Analysis of the following types of fraudulent acts: skimming, cash larceny and billing schemes
- A brief example of a company that has had similar issues but has been able to continue after the result of a fraudulent act
- Discussion of how ethical theory and real-world business practices are sometimes different
- A recommendation to the company in order to establish some internal controls surrounding their cash receipts and cash disbursements
Format your report consistent with APA guidelines.
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ACC 375 Week 4 DQ 1
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ACC 375 Week 4 DQ 1
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ACC 375 Week 4 DQ 1
What are the four steps involved in the fraud theory approach? Describe and give examples of each.
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ACC 375 Week 3 DQ 2
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ACC 375 Week 3 DQ 2
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ACC 375 Week 3 DQ 2
Consider the topic of air pollution. Discuss whether a business should go beyond what the law requires. How might a company be rewarded or punished for making an ethical or unethical decision?
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ACC 375 Week 3 DQ 1
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ACC 375 Week 3 DQ 1
Review the case study Just Because It’s Legal, Is It Ethical in Perspectives in Business Ethics. How might bankruptcy law provide an outlet for unethical behavior?
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ACC 375 Week 2 Learning Team Assignment Sarbanes-Oxley Act Training Manual
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ACC 375 Week 2 Learning Team Assignment Sarbanes-Oxley Act Training Manual
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ACC 375 Week 2 Learning Team Assignment Sarbanes-Oxley Act Training Manual
Your accounting firm has been hired to consult a privately held company. The company is considering becoming public in the near future. As part of preparing for this transition, they have asked your firm to create training materials they can use to ensure their company aligns to the Sarbanes-Oxley Act. At this point, the company is unsure of what this act really means and how it might affect them.
Create a 1,050- to 1,400-word training manual to introduce the Sarbanes-Oxley Act and describe its implications to the company. Create your training manual in the Microsoft Office® format of your choice, such as Word®, Publisher®, or PowerPoint®. If you opt to use PowerPoint®, include comprehensive speaker notes.
Research using your textbooks and at least two outside sources.
Include the following information:
- The reasons the act was brought forth and the role of accounting in making ethical decisions
- The current U.S. accounting rule-making bodies (FASB, SEC and PCAOB) and their influence regarding this act
- The documentation standards that the company must adopt to be in compliance with the act
- The changes required to hold management accountable for ensuring that internal controls function properly
Format your assignment consistent with APA guidelines.
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ACC 375 Week 2 DQ 1
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ACC 375 Week 2 DQ 1
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ACC 375 Week 2 DQ 1
Explain the differences among the Financial Accounting Standards Board (FASB), the Securities and Exchange Commission (SEC), and the Public Company Accounting Oversight Board (PCAOB).
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ACC 375 Week 2 DQ 2
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ACC 375 Week 2 DQ 2
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ACC 375 Week 2 DQ 2
What do the concepts of independence and integrity mean to the accounting profession?
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ACC 375 Week 1 Individual Assignment Understanding Ethics Matrix
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ACC 375 Week 1 Individual Assignment Understanding Ethics Matrix
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ACC 375 Week 1 Individual Assignment Understanding Ethics Matrix
Resource: Understanding Ethics Matrix located on the student website
Complete the Understanding Ethics Matrix by writing a short paragraph for each theory by considering the following:
- Give a brief summary of each theory.
- Identify the history and major proponents or theorists of each theory.
- Define the terms utility, justice, and liberty under each theory.
- Describe how each theory advocates the distribution of resources.
Cite all sources used to obtain information.
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ACC 375 Week 1 DQ 2
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ACC 375 Week 1 DQ 2
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ACC 375 Week 1 DQ 2
What is the connection between justice and utility under the utilitarianism theory? What are a few assumptions and problems with the utilitarianism theory? Explain.
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ACC 375 Week 1 DQ 1
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ACC 375 Week 1 DQ 1
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ACC 375 Week 1 DQ 1
Explain the concept of utility under the utilitarianism theory. How can a business achieve a level of utility?
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