Discussion Post: Ethics in Accounting
• What is the rationale for the calculations/process used to estimate the $180,000 uncollectible allowance?
• How do you think the misstatement of funds will impact the income statement and balance sheet?
• What is the ethical dilemma you face? What are the ethical considerations? Consider your options and responsibilities as assistant controller.
• Identify the key internal and external stakeholders. What are the negative impacts that can happen if you do not follow the instructions of your supervisor?
• What are the potential consequences if you do comply with your supervisor's instructions? Who will be negatively impacted?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.