writing assignment 2 - UNIVERSITY OF THE PEOPLE MASTER OF BUSINESS ADMINSTRATION COURSE BUS 5115 BUSINESS LAW ETHICS AND SOCIAL RESPONSIBILITY

writing assignment 2 - UNIVERSITY OF THE PEOPLE MASTER...

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UNIVERSITY OF THE PEOPLE MASTER OF BUSINESS ADMINSTRATION COURSE: BUS 5115 BUSINESS LAW, ETHICS AND SOCIAL RESPONSIBILITY WRITING ASSIGNMENT # 2 CASE: CONFLICTING CLIENTS - AUDITING SUBMITTED BY: BUSRA OZDEMIR [February, 2019]
ABSTRACT In this assignment, it is aimed to find out the relevant facts from the case study, to explain the ethical issues and also choices for Jenifer, restrictions and at the end of paper some suggestion will be done what the Jenifer attitude should be. Keywords: Ethics, ethical issues
1. RELEVANT FACTS A private company of Fantastic Developments is a potential customer of Coshocton National Bank (CNB). And Jennifer Grace is a person that is working on CNB as audit. She came to know the Fantastic Development which has a financial crisis had applied to CNB for debt. Then Jennifer Grace had done the audit on Fantastic Development in the last financial year and noticed the companies’ hard financial conditions. In the period of Jennifer tried to call CFO of ‘Fantastic Developments’, she discovered that the company is doing well as a result the unaudited financial statement and also she noticed that the company has contacted with a new CPA firm for the accounting and auditing. After that, Jennifer worried that if Fantastic Developments had

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