Ethical Dilemma below is mini case assignment in the areas of management account
Ethical Dilemma below is mini case assignment in the areas of management account
Ethical Dilemma below is mini case assignment in the areas of management accounting design to evaluate the students’ knowledge and understanding of management accounting code of conduct and moral values. You were recently appointed to the assistant general manager position by the general manager of a chain hotel operation. One of your responsibility is to reviews the report from the internal audit function that ensures the company's internal controls and risk management policies are functioning properly. According to the report, there were discrepancies in the internal controls that are not in conformance with the organizational policy and applicable law. You suspects that the general manager is embezzling $30,000 per quarter. What should you do about this discrepancy? Information that MUST be in the Formal Business Letter FormatNote: All business communication MUST be economical, purposeful, persuasive, and reader oriented. Dear Dr. Ramdeen: First Paragraph: Introduction (maximum two sentences for this paragraph) State your purpose or objective (first sentence) Transition sentence (second sentence on how the letter will proceed) Second Paragraph: What is the ethical issue? (maximum two sentences for this paragraph) State the ethical issue(s) (first sentence) Transition sentence (second sentence: explaining very briefly what to expect next) Third Paragraph: stakeholders (maximum two sentences for this paragraph) The stakeholders (MUST be divided into two major groups: internal and external stakeholders? First sentence explains who the internal stakeholders are. Second sentence explains who the external stakeholders are. Fourth Paragraph: (two or maximum four short sentences for this paragraph) Analyze the alternatives from the following perspectives (a) economic (1) Internal Stakeholder (one sentence or two sentences addressing economic consequences) (2) External Stakeholder (second sentence or two sentences addressing economic consequences) Fifth Paragraph: (two or maximum four short sentences for this paragraph) Analyze the alternatives from the following perspectives (b) legal (1) Internal Stakeholder (one sentence or two sentences addressing legal consequences) (2) External Stakeholder (one sentence or two sentences addressing legal consequences) Sixth Paragraph: (two or maximum four short sentences for this paragraph) Analyze the alternatives from the following perspectives (c) ethical (1)Internal Stakeholder (one sentence or two sentences addressing ethical consequences) (2) External Stakeholder (one sentence or two sentences addressing ethical consequences) Seventh Paragraph: (Conclusion) (Maximum six (6) short sentences for this paragraph) (In this paragraph you are to “Defend the decision made” (that takes into account all relevant perspectives (economic, legal, and ethical) in the decision making process. What would you do? How would you justify your decision?

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