Reference no: EM132634596

Question - Fatima Hassan is responsible for the collection, auditing and auditing services of clients of the Doha Audit Office. She was assigned to a new client, Al-Meal Consulting Services, which recently contracted the Doha Audit Office. The CEO of the company is Mr. Ali Mahmoud, who is responsible for monitoring all the company's operational activities and making all major decisions. This company has not previously used any services from a review office. In addition to preparing financial statements, the Doha Audit Office will handle the company's tax-related amours.

Recently, she was also a student on her first visit to the company, and Fatima Hassan met Hala Abdullah, who was appointed as an accounting accountant in her final year at a local university. At a later meeting, Hala confirmed to Fatima that she found the job at the beginning of the semester after extensive research. She needs the money to help fund her university studies and feels lucky to have found a well-paid job during this current phase of economic downturn due to the 19-COVID pandemic.

Hala felt that Fatima was someone she could talk to and get advice from her, and Hala spoke of a situation that had been on her mind for some time. Hala's concerns about dealing with sales revenue. When the proceeds from sales are collected and deposited on a weekly basis, the necessary report is filled with categories that determine the quality of the payment process with great accuracy: cash, cheques or credit cards. After depositing the total amount on a weekly basis, Mr. Ali Mahmoud prepares a report after adjusting the total amount deposited according to his own vision. After reviewing some of the weekly filings, Hala noted that QR 20,000 cash is missing from each deposit. After a more comprehensive examination of The Monthly Tax Documents prepared by Mr. Ali, Hala noted that the total monthly income reported to the IRS is 80,000 qr less than what has already been calculated. Mr. Ali is the only person who deals with money after collecting it. He is also the only person who deposits money on a weekly basis. When Hala asked Professor Ali not to report those unreported revenues, The Professor replied that this was for tax purposes. He believes that the auditor will accept this procedure because the d.A. audit office fees for the implementation of audit ing and other tax services are paid by Al-Meal For Advisory Services.

Study requirements (total number of words

1. What is the ethical problems in this case? Why is each a moral problem?

2. Who are the stakeholders affected in this case? Explain how.

3. What alternatives are available for Hala Abdullah, Fatima Hassan and Mr. Ali Mahmoud?

4. For each alternative addressed in the required (3),Is in total net benefits greater than net losses for all affected stakeholders? Discuss your interpretation clearly

5. Whose rights will be violated in every alternative addressed in The Desire3?) Discuss your interpretation clearly?