Let assume that the controller is instructed by the cfo that

Assignment Help Business Management
Reference no: EM13865783

With respect to the Armadillo Foods case in this chapter, let assume that the controller is instructed by the CFO that to make the numbers the company must increase EPS by $.02 per share. This sounds innocent enough and it is only a five percent increase. Does the relative size of the increase make any difference in deciding whether to increase EPS by $.02? Would you go along with the demand of the CFO? What ethical issues should you consider in deciding on a course of action? Assume you discover that top management supports the CFO  position because it would lead to bonuses for themselves. Under what circumstances might you consider blowing the whistle in this case?

Reference no: EM13865783

Questions Cloud

The firm will transmit income tax information necessary to p : The firm will transmit income tax information necessary to prepare the returns electronically and staff accountants in India will prepare the return. The return will then be transmitted back to the United States for final review and approval,
Under what circumstances might this be an acceptable form of : Under what circumstances might this be an acceptable form of payment for services rendered and when might it be unacceptable and in violation of the AICPA rules and/or SSTS?
What are the potential ethical dangers for an audit firm tha : What are the potential ethical dangers for an audit firm that provides tax shelters for an audit client? Is it ethically appropriate to do so under the profession  ethical standards?
What is the danger from an ethical perspective of having a c : What is the danger from an ethical perspective of having a CPA firm that conducts the audit of a public company also engaged in consulting with the company on the installation of a new financial information system?
Let assume that the controller is instructed by the cfo that : With respect to the Armadillo Foods case in this chapter, let assume that the controller is instructed by the CFO that to make the numbers the company must increase EPS by $.02 per share This sounds innocent enough and it is only a five percent incre..
Can a cpa be independent without being objective? : Can a CPA be independent without being objective? Why or why not? Can a CPA be objective without being independent? Why or why not?
What if it provides both non auditing and auditing services? : Would your advice be different with respect to accepting the tickets if the firm provides only non auditing services to the client? What if it provides both non auditing and auditing services? Be sure to cite specific ethics rules in the AICPA Code o..
What actions should you take for given scenario : One of your analysts told you that the Mexican peso is expected to depreciate by 30 percent against the dollar on the foreign exchange markets over the next year. What actions, if any, should you take?
Ethics and systems development in the workplace : If you have encountered a situation related to ethics and systems development in the workplace, please share as much as you feel comfortable.

Reviews

Write a Review

Business Management Questions & Answers

  Describe two to three macroeconomic factors that influence

Many managers do not understand the various ways that interest rates can affect business decisions. For example, if your company decided to build a plant with a 30-year life and short-term debt financing (renewed annually), the cost of the plant coul..

  Process of classifying for the first time the securities

Wecker is preparing its year-end financial statements and is in the process of classifying for the first time the securities in the portfolio.

  What is the workstation cycle time

What is the workstation cycle time? What are the capacity requirements for the next four years? (Assume that there is no learning.)

  What stage is the organization in now

What stage is the organization in now - How did the organization handle or pass through its life cycle crises?

  Social loafing

Explain what is meant by this concept, and discuss three specific steps that managers can take to reduce or to eliminate this undesirable work behavior.

  The chief executive officer of southside hmo

The chief executive officer of Southside HMO

  Would jane''s tax situation be better if good proprietorship

She has a large amount of income from other sources and is in the 35% marginal tax bracket. Would Jane's tax situation be better if Good Co. were a proprietorship or a C corporation? Explain why.

  Importance of effective delegation skills

Identify and explain a leader with delegation strengths and explain why you think this person is/was a good delegator.

  Explain how could a business benefit from implementing erp

Identify the benefits also challenges of Enterprise Resource Planning (ERP). Explain how could a business benefit from implementing an ERP?

  Identify the four steps of integrative negotiation process

As a top negotiator, you were asked to design a strategy using a win-win situation for both parties. Identify the four steps of Integrative Negotiation Process, and conduct analysis of how these four steps might help you in designing your negotiation..

  Hilton worldwide market to older consumers

Hilton Worldwide market to older consumers (age: 55+). Talk about current marketing strategies and new ways that they can market to these consumers. Talk about:  Marketing and competitive position (e.g. Consumer research, Market segmentation and attr..

  Prepare two general process diagrams for the business proces

Prepare two general process diagrams for the Business Process

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd