What are creative book keeping techniques


Assignment:

Part 1: Check Your Understanding: Approx. 500 words total

1. Consider the functional departments reviewed. Which department do you think faces the greatest number of ethical challenges? Why?

2. Provide three examples of unethical behavior that you have observed at the company you work or (or worked for in the past). What were the outcomes of this behavior?

3. What are "Creative book keeping techniques"? Provide three examples.

4. Explain the potential ethical challenges presented by generally accepted accounting principles (GAAP).

Part 2: Exercises: Approx. 400 words total

Complete the "Internet Exercise" on page 58 of Business Ethics Now.

Book: (Ghillyer (2012). Business Ethics Now, 3rd/E. McGraw-Hill. ISBN: 9780073524696)

Part 3:Case Study: Approx. 500 words total

Review Issue 5 from Taking Sides: Clashing Views in Business Ethics and Society. Which viewpoint do you side with? Why? Explain. Reference at least two outside resources that further support the viewpoint you side with.

1. Visit the U.S. government recall Web site

www.recalls.gov, select a product recall event from

The past three years, and answer the following

Questions:

a. What information would you consider to be evidence of an ethical transgression in this product recall?

b. Other than recalling the product, what other actions did the company take to address the situation?

c. What steps would you suggest that the company should?

d. Locate the Web sites for the American Marketing Association (AMA) and the American Institute of Certified Public Accountants (AICPA). One has a "Professional Code of Conduct," and the other has a "Statement of Ethics." Does the terminology make a difference? Why or why not?

e. Compare and contrast the components of each approach.

f. Since the AMA offers certification as a "Professional Certified Marketer," would the organization benefit from promoting a professional code of conduct like the AICPA? Why or why not? have taken to restore that reputation?

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Business Law and Ethics: What are creative book keeping techniques
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