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Acct 425, Bear, Assignment 3-3

Acct 425, Bear, Assignment 3-3 - Ethics 1 Accounting...

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Ethics 1 Accounting Information System - Ethics Issues Regina Bear ACCT 425 May 15, 2010
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Ethics 2 In November of 2008 Marti Emerald was running for a campaign for the San Diego City Council’s district seat in which she received a couple “win bonuses” that totaled fifty thousand dollars. (FOX 5 San Diego Staff, 2010, p. 1)The payments were supposed to be reported by January 2009 but Marti Emerald failed to report the payments until July, which is 6 months after the deadline had passed. The Ethics Commission tried to fine Mrs. Emerald $10,000 but Mrs. Emerald refused stated that she did not do this on purpose and that is was just an honest paperwork error. (FOX 5 San Diego Staff, 2010, p. 1) Emerald tried to negotiate a settlement with the commission back in September so that it would not be a drawn out case but the ethics commission refused stating the “the failure to report $50,000 in post election debts is not a technical violation and is far more then a paper work error. (FOX 5 San Diego Staff, 2010, p. 1)
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