Preview

AMRE

Powerful Essays
Open Document
Open Document
2960 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
AMRE
1. Define the terms ethics and professional ethics. Using the following scale,
Evaluate the conduct of each individual involved in this case.
-100 . . . . . . . . . 0 . . . . . . . . . 100
Highly Highly Unethical Ethical Ethics is moral principles that govern a person 's behavior or the conducting of an activity. "Ethics in business" is the behavior that a business adheres to in its daily dealings with the world. The ethics of a particular business can be diverse. They apply not only to how the business interacts with the world at large, but also to their one-on-one dealings with a single customer.

Professional ethics encompass the personal, organizational and corporate standards of behavior expected of professionals. Professionals and those working in acknowledged professions, exercise specialist knowledge and skill. How the use of this knowledge should be governed when providing a service to the public can be considered a moral issue and is termed professional ethics

Evaluate the conduct of each individual involved in this case.
-100 . . . . . . . . . 0 . . . . . . . . . 100
Highly Highly Unethical Ethical
There are 7 individual involved in this case
1. Robert Levin, Chief Operating Officer
2. Dennie Brown, Chief Accounting Officer
3. Walter Richardson, Vice President of Data Processing
4. Steven Bedowitz, Chief Executive Officer
5. Mac Martirossian, Chief Financial Officer
6. Edward Smith, audit engagement partner
7. Joel Reed, senior audit manager

2. Do you believe that the individuals who behaved unethically in this case were appropriately punished? Defend your answer.

Each of the American Remodeling (AMRE) executives who participated in the fraud was punished in some way. Bedowitz, Levin, Brown, and Richardson were punished financially even though they never admitted nor denied their alleged roles in the fraud. They suffered fines and others like

You May Also Find These Documents Helpful