Professional Ethics - Accounting and Finance Report
BUSN202 Professional Ethics
Report
By: Rafael Bozionelos
ID: S00067751
Course: Professional Ethics
Code: BUSN202
Title: Chief Financial Officer’s Report on Ethical Conduct of manufacturing organisation
A report prepared for the CEO of a manufacturing organisation on four ethical dilemmas presented. Taking a look at the responsibilities of the Chief financial officer and the Chief executive officer and recommendations based on which direction to take. To be ethical or unethical, that is the question.
Contents 1 Introduction 4 2 Responsibility as Chief Financial Officer 5 2.1 Misrepresent products that come from environmentally irresponsible sources as environmentally friendly; 5 2.2 Bribe officials of a foreign government; 5 2.3 Mislead the audit committee; 6 2.4 Ignore important internal controls; 6 3 Responsibility as Chief Executive Officer 7 3.1 Misrepresent products that come from environmentally irresponsible sources as environmentally friendly; 7 3.2 Bribe officials of a foreign government; 7 3.3 Mislead the audit committee; 8 3.4 Ignore important internal controls; 8 4 Ethical program to improve corporate culture 9 5 Conclusions 10 6 References 11
1 Introduction
This paper will discuss the ethical issues which are being brought to light of a manufacturing organisation. These ethical issues include: * Misrepresent products that come from environmentally irresponsible sources as environmentally friendly * Bribe officials of a foreign government; * Mislead the audit committee; * Ignore important internal controls.
The Chief Financial Officer and the CEO must outlay their responsibilities for each of these situations and prepare a program for implementation to improve corporate culture.
2 Responsibility as Chief Financial Officer
2.1 Misrepresent products that come from environmentally irresponsible sources as environmentally friendly;
Misrepresenting products is a serious act of
Report
By: Rafael Bozionelos
ID: S00067751
Course: Professional Ethics
Code: BUSN202
Title: Chief Financial Officer’s Report on Ethical Conduct of manufacturing organisation
A report prepared for the CEO of a manufacturing organisation on four ethical dilemmas presented. Taking a look at the responsibilities of the Chief financial officer and the Chief executive officer and recommendations based on which direction to take. To be ethical or unethical, that is the question.
Contents 1 Introduction 4 2 Responsibility as Chief Financial Officer 5 2.1 Misrepresent products that come from environmentally irresponsible sources as environmentally friendly; 5 2.2 Bribe officials of a foreign government; 5 2.3 Mislead the audit committee; 6 2.4 Ignore important internal controls; 6 3 Responsibility as Chief Executive Officer 7 3.1 Misrepresent products that come from environmentally irresponsible sources as environmentally friendly; 7 3.2 Bribe officials of a foreign government; 7 3.3 Mislead the audit committee; 8 3.4 Ignore important internal controls; 8 4 Ethical program to improve corporate culture 9 5 Conclusions 10 6 References 11
1 Introduction
This paper will discuss the ethical issues which are being brought to light of a manufacturing organisation. These ethical issues include: * Misrepresent products that come from environmentally irresponsible sources as environmentally friendly * Bribe officials of a foreign government; * Mislead the audit committee; * Ignore important internal controls.
The Chief Financial Officer and the CEO must outlay their responsibilities for each of these situations and prepare a program for implementation to improve corporate culture.
2 Responsibility as Chief Financial Officer
2.1 Misrepresent products that come from environmentally irresponsible sources as environmentally friendly;
Misrepresenting products is a serious act of