Managerial Accounting for Decision Making

Use the Internet to identify a company that has been the subject of significant public discussion due to one or more ethical lapses in the last two decades.

Required: Based on your research of what happened in this company, you are required to address the following points:

  1. Describe the company’s situation and explain what happened with questionable ethics. (3 marks)
  2. Discuss the ethical standards in the IMA Statement of Ethical Professional Practice that were violated? (2 marks)
  3. Identify and discuss the consequences of this ethical problem on the related stakeholders of the company. (3 marks)
  4. Explain what should have been done to avoid ethical violation. (2 marks)

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