Describe the choices vontsiras management team must make

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Reference no: EM133914958

Assignment:

1. Brief describe the choices Vontsira's management team must make. What ethical issues are associated with these choices? Think outside the box and list as many as you can.

2. Who will be affected by the decisions Vontsira's management team is making? How will they be affected? Which position (recognizing the new standard immediately or waiting until later) do you feel would be best for the company? What are the strongest arguments supporting your decision?

3. Some members of the management team are likely to advocate for the opposite course of action. What argu- ments could they make supporting the opposite decision? How might you effectively respond to their arguments?

4. What other alternatives does the management team have? Keep in mind that the nal decision can be more nuanced than just recognizing the new standard now or later. There are many different options the team can consider, including the timing, amounts, disclosures, and discussions with the bank.

Reference no: EM133914958

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