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1.1 View of Trainee Accountant’s Dilemma Based on the case study, the trainee accountant is in dilemma when the supervisor carried out an unethical act. The trainee accountant is in between choices whether to inform the compliance department about the Chief Accountant, Mr.Lam’s doings for not writing off the doubtful projects. The decision to be made by the trainee is related to ethical principles that every professional accountant must possess. According to the fundamental principles of professional conduct, the ethical principle that is related to the trainee’s dilemma falls under Section 110, Integrity. (Anon., 2011) It stated that all professional accountants must have the obligation to be honest and straightforward in professional and business relationship. Next, the other dilemma is whether the trainee should accept or reject the RM15,000 of “gratuity” offered by Mr.Lam. Based on Section 150(1) professional behavior, professional accountants must have the obligation to obey the related legislation and regulation and refrain any action that may lead to distrust to the profession. Thus, the trainee accountant must absolutely not accept the bribe from Mr.Lam. There are several ways in helping the trainee accountant to resolve the dilemma. Firstly, the trainee accountant can seek for an alternative solution to deal with the unethical manager. (GAWRONSKI, 2016) For instance, the trainee can come out with a better and professional idea of handling the manager’s unethical behavior and suggest an alternative way for him. If it does not work as what it was expected, then the trainee accountant can suggest a private meeting. (Dowd, 2018) For example, the trainee accountant should collect evidence in regard to the manager’s doings for not writing off the development and other doubtful projects. Then, conduct a private meeting with compliance department to talk about Mr.Lam’s unethical behavior. It is important to collect evidence before hand to make the trainee’s word stronger and trustworthy. Furthermore, other action that can be taken by the trainee is by submitting a signed written report to the head of human resource department. Trainee accountant should follow the step for submitting the report. Besides that, there must be believability level on the details of the report. Also, attach any supportive documents such as email to make the report more convincing. Trainee accountant must also prepare documents in case being questioned during investigation or summoned to court. In addition, if the trainee is worried about being target by the manager in the future, he or she can submit an anonymous report to the compliance department or go straight to the boss. Trainee accountant can boldly list out the unethical behaviors of the manager including, date and location of occurrence since the report submitted is anonymous.
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  • Summer '17
  • mani
  • Ethics , trainee accountant

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