You have just forwarded to your boss the monthly bank reconciliation you prepared for the company…

QUALITYWRITERS.ORG is the ideal place for homework help. If you are looking for affordable, custom-written, high-quality and non-plagiarized papers, your student life just became easier with us. Click the button below to place your order.


Order a Similar Paper Order a Different Paper

You have just forwarded to your boss the monthly bank reconciliation you prepared for the company. One of the reconciling items is a customer s NSF check in the amount of $10,000. As part of your responsibility, you have drafted an adjustment to reduce Cash and increase Accounts Receivable for the amount of the check. Your boss comes to you and indicates that based on his personal relationship with the customer, he knows they are good for the money and that you should revise the reconciliation to treat the NSF check as an outstanding check and also remove the adjustment you prepared. Required Use the Ethical Decision Framework in Exhibit 1-9 to complete the following requirements: 1. Recognize an ethical dilemma: What ethical dilemma(s) do you face? 2. Analyze the key elements in the situation: a. Who may benefit if you follow your boss s recommendation? Who may be harmed? b. How are they likely to benefit or be harmed? c. What rights or claims may be violated? d. What specific interests are in conflict? e. What are your responsibilities and obligations? 3. List alternatives and evaluate the impact of each on those affected: As controller, what are your options in dealing with the ethical dilemma(s) you identified in (1) above? If you follow your boss s recommendation, will users have all the relevant information needed to make decisions? Why or why not? 4. Select the best alternative: Among the alternatives, which one would you select?

"Is this question part of your assignment? We can help"

ORDER NOW
Writerbay.net

Got stuck with a writing task? We can help! Use our paper writing service to score better grades and meet your deadlines.

Get 15% discount for your first order


Order a Similar Paper Order a Different Paper
Writerbay.net