Ethics in Accountancy Case Analysis

Although Jeremie doesn’t participate in the day-to-day management of the Company, he brings significant experience from

The Regulatory Review Commission's (R.R.C.) operations centre has recently run into issues with handling an employee, Brian Coffey. Coffey's manager, Monique Ricard, is contemplating how to handle Coffey's behaviour, who has been consistently late to work, is missing deadlines, and even not showing up to work. Ricard is looking for an answer as to how she can possibly terminate or transfer Coffey, as his behaviour has not been documented sufficiently.

Cherron needs to improve on his time management and organizational skills as this was mentioned before.

Academic research suggests that underreported time on audit engagements is a common practice. What are the key objectives of tracking hours worked by individual accounts or assignments on audit engagements? What implications does the underreporting of time have for individual auditors, their colleagues, and the overall quality of independence audits?

As an assistant controller of Linbarger Company, the accounting problem I currently face is being ethical in financial reporting. By not maintaining a $200,000 cash account balance, per month, as per the agreement with our insurance company, we are at risk of defaulting on our loan. It has been suggested by the financial VP, Lisa Infante, to account for funds not received. This presents an ethical dilemma for me as well our company. If I account for these funds we meet our cash requirement however, the reporting isn’t accurate. If I don’t our company is at the risk of being shut down and everyone losing their job.

Clougherty’s responsibilities come from the duties assigned to him by top level managers that have a goal set. He then uses

Gary asked for someone to be present or if he could call his attorney. In the assignment material, it did not say if the business was unionized. If the business is unionized he is allowed to have a union representative present. However, the representative cannot impede the investigation. Al does not have a right for an attorney to be present. Based on the fact pattern, I would think the business is not unionized.

The fact that Thomas Green prefers working independently is a big drawback that needs to change. To be

Some of the weakness Dalman faces is he over works himself and if they do decide to commit to expanding their business, they will be faced with

The goal of a manufacturing organization is to make money. Jonah poses this as a question: "What is the goal?" and Rogo actually struggles with it for a day or two, but any manager or executive that can't answer that question without hesitation should be fired without hesitation.

With no rules or guidelines to follow, Michael Jordon has to use his own judgment which could cause many issues for the company. Also, there seems to be a lack of management or control from managers if the company is allowing a newly hired employee to make important decisions such as those listed.

Keith = Keith’s goals in the beginning of the conflict were to support his director but seemed to change to having someone to work on the weekends (besides him probably), and not wanting to take months to fill the position.

the job and without him, the chances for success are limited. However, he doesn’t want to

There are some improvements that Louie can make in order for him to be a more efficient manager in a diverse workplace.

Field Work Standard #2 : The auditor must obtain a sufficient understanding of the entity and its environment, including its internal control, to assess the risk of material misstatement of the financial statements whether due to error or fraud, and to design the nature, timing, and extent of further audit procedures (AICPA). Enron had no procedure for internal controls. Therefore, Anderson could not have sufficient understanding of the internal controls.