Question 1 (10 marks - 1,000 words)
Alan is a Chartered Accountant who used to work as an auditor for a Big 4 accounting firm, but has now moved to a regional town to become the Financial Controller for Jupiter Ltd, a small construction company which employs 70 people. Unfortunately, there has been a downturn in the construction industry and the company is facing tough trading conditions.
Another consequence of the downturn has been an increased difficulty in collecting receivables. Before year-end, Alan had a conversation with the CEO of Jupiter, Carly, about the collectability of a material receivable from Beginner Ltd. Alan stated to Carly that Beginner had major problems and that the word on the street was that Beginner would be in receivership within a couple of months. Alan stated that, in his view, Jupiter would need to raise a significant provision against the money owed to them by Beginner.
Carly recoiled at this suggestion and stated that if Alan was to do this, then the auditors of Jupiter would have enough justification to start raising going concern issues about Jupiter. Without a clean bill of health from the auditors, there is no way that Jupiter will get extensions on its loans from the bank, and that Jupiter would also be out of business by the end of the year. Carly then said to Alan that if they can just ride out the next couple of months, business will pick up and they can deal with the collectability issues with Beginner in a few months.
Alan returns to the office and thinks about his conversation with Carly. Reflecting on his experience working for a Big 4 firm, Alan is fairly sure that the auditors of Jupiter will want to know about Jupiter's likelihood of collecting the receivable from Beginner.
Required:
a) What are the ethical issues facing Alan?
b) From an ethical egoist perspective, what would be an appropriate course of action for Alan? Justify your choice.
c) Would your answer to b) be different if Alan pursued ‘utilitarianism’? Justify your position.
d) Advise Alan of an appropriate course of action from a deontological ethical perspective. Outline why it is based on deontological ethics.
e) Which ethical theory do you think leads to the most appropriate course of action for Alan? Justify your position.
Question 2 (10 marks - 1,000 words)
Outline the reasons why it is important for theories to be evaluated. Identify and justify the criteria you would consider before deciding that a theory appears sound. Apply the factors you have identified to an accounting theory of your choice (eg. Normative, Positive, etc).
NB: A useful tool for you to use that demonstrates how to correctly use in-text referencing and the correct way to cite the reference in your reference list can be found at https://apps.csu.edu.au/reftool/apa-6
MyAssignmenthelp.com solves all kinds of problems associated with dissertation writing by providing dissertation methodology help, dissertation literature review help, dissertation introduction help, dissertation conclusion help and so on. In this manner, MyAssignmmenthelp.com has become perfect solution for those who often wonder can someone do my dissertation or can I pay for dissertation online. Our dissertation writing services is the best answer to students query can someone write my dissertation within deadline at affordable price.
Just share requirement and get customized Solution.
Orders
Overall Rating
Experts
Our writers make sure that all orders are submitted, prior to the deadline.
Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.
Feel free to contact our assignment writing services any time via phone, email or live chat. If you are unable to calculate word count online, ask our customer executives.
Our writers can provide you professional writing assistance on any subject at any level.
Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.
Get all your documents checked for plagiarism or duplicacy with us.
Get different kinds of essays typed in minutes with clicks.
Calculate your semester grades and cumulative GPa with our GPA Calculator.
Balance any chemical equation in minutes just by entering the formula.
Calculate the number of words and number of pages of all your academic documents.
Our Mission Client Satisfaction
Excellent. I am very satisfied and l am very confident l will pass this assignment. I am very impressed about the writer. I have 10 more reflective practice to be written and 10 portfolio entries
Australia
great and pleasant work. must recommend. done swiftly and fast. work is totally relevant
Australia
My expert did a great job on this assignment! I was able to understand exactly what was expected of me regarding an answer for the questions. The expert\'s response helped me know how to think and apply the business aspects of location, relocation, ...
Australia
thanks,at\'s a really great start, but perhaps you could…” “You\'re on the right track, but you\'re not quite there yet.” Positive phrases such as these help students see that learning is a journey – and there will be some speed bumps along...
Australia