Topic the activities of the australian wheat board awb were

Assignment Help Cost Accounting
Reference no: EM13377410

Topic:

The activities of the Australian Wheat Board (AWB) were in the news almost every day during the first part of 2006. The scandal relates to the period after 1996 when the United Nations set up the oil-for-food program. Since the program was introduced, the AWB continued to sell wheat to Iraq. In early 2006 AWB was accused of paying kickbacks totalling $280 million to Saddam Hussein's regime using a Jordanian trucking company, Alia to disguise the payments. This would be violation of oil-for-food program.  Cole inquiry was set up to establish the truth of this claim. While the details are complicated and there is controversy about who knew what when, for the purposes of this assignment accept that it is true that the AWB did pay the kickbacks, that AWB senior management knew that this was what happened and in paying the kickbacks they violated the law. Also for the purpose of this assignment, focus only on the actions of AWB and ignore the role that government ministers may have played in the scandal.

You are at a dinner party and you overhear the following the comment about the scandal:

James: I don't understand what all the fuss is about. Everyone knows in the part of the world kickbacks are just part of everyday business. Think of it this way: The Iraqi people received the wheat they desperately needed, The AWB got a good price for the wheat even though they had to pay for the kickback and the farmers who produced the wheat received a good price for it. Where is the problem?

TASK:

1. Critically discuss the major ethical issues raised by the AWB scandal. You are required to make references to the unit materials and need to do scholar research to support your discussion.

2. How would you response James if you were a Utilitarian?

3. How would you response James if you were Kantian?

4. Sarah is there and joins the discussion saying "I cannot believe you said that!!!". She clearly disagrees with James. Construct the strongest possible argument to demonstrate this view is untenable.

Reference no: EM13377410

Questions Cloud

You are the manager of global opportunities for a us : you are the manager of global opportunities for a u.s. manufacturer who is considering expanding sales into europe.
A comparative statement of financial position of aqua ltd : a comparative statement of financial position of aqua ltd is presented below30 june 201230 june
If the price elasticity of demand for bananas is -15 and : if the price elasticity of demand for bananas is -1.5 and the price elasticity of demand for grapefruit is -2.5 and the
1 the demand prices for monthly math and science : 1. the demand prices for monthly math and science tutoring services are given belowtype of
Topic the activities of the australian wheat board awb were : topic the activities of the australian wheat board awb were in the news almost every day during the first part of 2006.
Describe how a firms microenvironment can determine how : describe how a firms microenvironment can determine how profitable it will be?provide examples of organizations as well
Lakeway enterprisesregression analysis casegeorganna : lakeway enterprisesregression analysis casegeorganna russell the controller of lakeway enterprises a fabricator
Suppose that currency in circulation is 600b demand : suppose that currency in circulation is 600b demand deposits are 900b and excess reserves are 15b. the required reserve
C q2 50q 81 1determine the range of prices for which : c q2 50q 81 1determine the range of prices for which the firm incurs a loss but continues to produce. 2determine

Reviews

Write a Review

Cost Accounting Questions & Answers

  Watts and zimmerman''s

Watts and Zimmerman's 'The Demand and Supply of Accounting Theories: The Market for Excuses' suggested the 'normative' project of accounting academics and other social critics of corporate accounting practice to be invalid

  Question related to strategies for managing risk

Strategies for managing risk - Evaluate what is a strategy for managing risk and what are some potential future risks?

  Question 1the whitton co has an opportunity to purchase a

question 1the whitton co. has an opportunity to purchase a computer now for pound18000 that will yield annual net cash

  The four kinds of accounting changes including error

the four kinds of accounting changes including error correction arechange in accounting principlechange in accounting

  Find what was actual volume - standard volume

Find what was actual volume, standard volume, and budgeted variable overhead and actual overhead was 1,000,000 and overhead is captivated to direct labor hours.

  Part abasil arrived in australia on 28 august 2013from his

part abasil arrived in australia on 28 august 2013from his usual domicile in england. he obtained a working visa that

  Evaluate cost of goods sold for the month of january

Tiller uses the periodic inventory system. Using weighted-average inventory method, Evaluate cost of goods sold for the month of January?

  Conwell company manufactures its product vitadrink through

conwell company manufactures its product vitadrink through two manufacturing processes mixing and packaging. all

  Evaluate how much is included in arlene''s gross estate

Find how much is included in the gross estate if the 2032 election is not made and Evaluate how much is included in Arlene's gross estate?

  Evaluate what the interest paid

If the bonds pay interest on June 30 and 31st December and if the effective rate of interest is 11 percent, evaluate what the interest paid on June 30 was.

  Activity-based management talbot partners is a consulting

activity-based management talbot partners is a consulting firm with clients across the nation. within the company is a

  Determine the cost of the finished goods inventory

Determine the cost of the finished goods inventory of light-gauge aluminum and prepare an income statement for the current year ended December 31

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