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week 1 - 1-4 1 In the beginning Sarver did act in an...

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1-4 1. In the beginning, Sarver did act in an ethical manner, however in the end he complied with the President’s decision. Sarver should have reported the unethical behavior first to either higher management which might include broad members, trustees or other owners and then spoken to an IMA counselor. All liabilities need to be reported in the same month and the same fiscal year. According to the code of conduct for accountants there are two main parts, in the first part there are four important responsibilities. The responsibilities include “to maintain a high level of professional competence, to treat sensitive matters with confidentiality, to maintain personal integrity and to disclose the information in a creditable fashion”. In the second half of the code of conduct it states how unethical behavior should be reported. 2. Sarver did what he was supposed to do and that was to disagree with the president’s proposed course of action. He also brought it to the attention of other senior management. However he was out numbered and advised to follow the president’s
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