Problem: You are an accountant in a large firm. Your boss tells you to use a controversial accounting practice which will make the company's profits seem higher. She tells you it is only to impress stock holders and will not be used in statements submitted to the IRS.
Paper Discussion:
Discuss each situation:
(a) from the strictly legal viewpoint
(b) from a moral and ethical viewpoint, and
(c) from the point of view of what is best in the long run for the company
Be sure to consider both short and long range consequences. Also look at each situation from the perspective of all stakeholders (groups concerned: customers, stockholders, employees, government, and community).
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