ETHICS EXPECTATIONS
Topic 1
Ethics and Accountability
School of Accounting, RMIT University,
Melbourne, 2013
Chapter 1 Brooks and Dunn (6th Edition)
1
Learning objectives
Describe and understand
Ethics
framework
Corporate governance
Ethics of the gover
HedgingInterestRisk
Hedging Interest Risk
Lecture7and8
Ref:FIMChap22,23and24
Overview
Hedginginterestrateriskwithderivatives
becomingmorepopular,interestratefuturesand
b
i
l i t
t t f t
d
swapsgrowingrapidly
R id
Rapidgrowthofderivativesusehasbeen
h fd
Webster
Financial *
Assets
1. Vault cash
2. Deposits at Federal Reserve
3. Deposits at other financial institutions
4. Cash items in process of collection
$68.46
80.03
40.45
1.44
4,228.62
674.47
334.74
138.35
12. Commercial and industrial loans
13. Loans
MINICASE: ACCT 13
BUSINESS ETHICS PROGRAM
Survive the Year
Topic:
Asset Valuation/Write-Downs
Characters: Chris, new controller of a small construction company
Robin, CEO of the same company
Chris, a CPA and formerly a staff accountant for a large public
BankManagement
Bank Management
Week5:InterestRateRisk(II)
OrangeCountyCase
Orange County Case
2/17/2014
NUS Business School, Nan Li
1
Roadmap
Duration Model
DurationModel
Readings:FIM9
2/17/2014
NUS Business School, Nan Li
2
DurationModel
Duration Model
Topic 3
Ethics and Accountability
School of Accounting, RMIT University,
Melbourne, 2015
Chapter 2 and 8 Brooks & Dunn 6th
edition
1
Describe and understand
the
issues, principles and practices
involved in the new expectations of
governance, accounting an
Introduction
The purpose of this report is to study major corporate scandals in the world. This report will
mainly focus on three scandal, HIH Insurance, OneTel and ABC Learning, as well as compare
with Enron. This report will cover the facts relating to
Truth or Consequences Case Study
What Are the Relevant Facts?
Dawn had dated Bill. At the present time, she does not appear to be interested in dating Bill.
A material adjusting entry from last years audit was not posted to the subsidiary records.
This ye
Case Study: WorldCom
1.
Describe the mechanisms that WorldComs management used to transfer profit from other time
periods to inflate the current period.
WorldCom created excess reserves or provisions for future expenses, Overstatements occulted that affec
ACCOUNTING MINICASE: ACCT 13
TEACHING NOTES
BUSINESS ETHICS PROGRAM
Survive the Year
Teaching Notes
What Are the Relevant Facts?
3.
Not make the allowance adjustment but provide
information to the auditor that will effectively lead
to revealing the uncoll
ACCOUNTING MINICASE: ACCT 08
TEACHING NOTES
BUSINESS ETHICS PROGRAM
Booking the Budget
Teaching Notes
What Are the Relevant Facts?
1.
Maria and Andy have organized and are
responsible for the accounting system of the HMO.
2.
Bob and Connie, executive offi
MINICASE: ACCT 15
BUSINESS ETHICS PROGRAM
Truth or Consequences
Topic:
Internal Reporting
Characters: Dawn Sunshine, Controller of a medium-sized company
Bill Donner, In-charge CPA
Bill Donner, CPA, is the senior in-charge of an audit of a medium-sized ($
MINICASE: ACCT - 08
BUSINESS ETHICS PROGRAM
Booking the Budget
Topic:
Revenue Recognition
Characters: Connie, President
Bob, Vice President of Finance
Andy, Controller
Maria, Director of Financial Analysis
Maria and Andy worked well together to organize t
Home Work: Chapter 4
Supply Contracts
Student Name: Shaheen Sardar
Department: Industrial and Management Engineering, Hanyang
University, South Korea.
Home Work Chapter 4: Supply Contracts: Discussion Questions and Answers: Designing
and managing the supp
ISSUES IN ACCOUNTING EDUCATION
Vol. 19, No. 1
February 2004
pp. l01—1 17
Behind Closed Doors at WorldCom: 2001
Kay E. Zekany, Lucas W. Braun, and Zachary T. Warder
ABSTRACT: WorldCom was a large telecom company that enjoyed an almost meteoric
rise during
Instructors Manual, Chapter 4
1
_
_
Business & Professional
Ethics for Directors,
Executives & Accountants, 5e,
Leonard J. Brooks and Paul Dunn
South-Western, Cengage Learning, Mason Ohio, 2010
Instructors Manual
Chapter 4
Practical Ethical Decision Makin
1. What is the role of a board of directors from an ethical governance standpoint?
Compliance
Ethical = Conformance (duties) + Performance (Strategic performance making) making sure
its legal
The principal role of the board of directors as representatives
Home Work: Chapter 2
Inventory Management and Risk Pooling
Student Name: Shaheen Sardar
Department: Industrial and Management Engineering, Hanyang
University, South Korea.
Home Work Chapter 2: Inventory Management and Risk Pooling: Discussion Questions
an
Home Work: Chapter 3
Network Planning
Student Name: Shaheen Sardar
Department: Industrial and Management Engineering, Hanyang
University, South Korea.
Home Work Chapter 3: Network Planning: Discussion Questions and Answers: Designing
and managing the supp
ACCOUNTING MINICASE: ACCT 10
TEACHING NOTES
BUSINESS ETHICS PROGRAM
Cash in Hand
Teaching Notes
What Are the Relevant Facts?
1.
2.
4.
5.
Talk to Sandy but no one else.
4.
Report Sandy's observations/concerns to her
manager and/or partner
5.
If engagement
Interteaching Week 10
Chapter 7
7. Do professional accountants have the expertise to audit corporate social
performance reports?
I feel that professional accountants do have the expertise to audit corporate
social responsibility. As professional accountan
2. Fiduciary relationship means the legal or ethical relationship between two parties where
one party places complete trust and confidence in another party in regards to the
handling of their assets, money, or business affairs.
3. Most ethical decisions a
Chapter 7: Managing Ethics Risk and Opportunities
1. I feel that ethics risk and opportunity managements go beyond the scope of traditional risk
management because there are more opportunities and resources that allow people to take
advantage of the syste
Teaching Schedule for ACCT1081
All readings and questions to be done are based on your textbook Brooks and Dunn (BD).
Case studies to be attempted by students in the schedule are referred to as CS.
Week 1.
Introduction: Lecturer to provide introduction to
Assignment (ACCT 1085 Semester One, 2016)
The assessment is designed to enable you to use your research and analytical skills to integrate ethical
issues from the past 20 years with current corporate scandals.
Details
This is a group assignment of three s
ACCT 1081 Assignment and Class Presentation
Spring Semester 2015
The assessment is designed to enable you to use your research and analytical skills to integrate ethical
issues from the past 20 years with current corporate scandals.
A. Assignment
Due date
MINICASE: ACCT 11
BUSINESS ETHICS PROGRAM
The Right Data
Topic:
Variance Reporting
Characters: Arnie Armstrong, Director of Manufacturing Computer Services
Willy McClean, Manager, Manufacturing Department 207
Kathy Cleary, Supervisor, Manufacturing Depart
Buttons and Bows (BnB) is a ladies accessories company supplying a wide range of
ornaments and accessories for ladies. Examples of their products include hair combs,
decorative hair pins, head scarves, decorative pins and brooches and wrist bangles.
Each
R: Chapter 2, Chapter 8
Questions:
1. Explain three actions taken by the board at WorldCom that demonstrated unethical behavior.
Ans. Three actions taken by the board at WorldCom that demonstrated unethical behavior are:
1. Unreported line cost by capital
Assignment Cover Sheet
for submission of individual and group work
Course/Unit code
Assignmen
t number
Assignment
due date
ACCT1081
1
30th April
Group/Session name (if applicable)
Course/Unit name
Program title
Professionals Values Ethics & Attitudes
BP25
ACCT 1081 Professional Values and Ethics
Individual Assignment on Current Ethical Issue
This assignment is worth 20% and has two components:
(a) Research into current ethical issue
(Week commencing 3rd April)
10% to be submitted in week 5,
(b) Class prese
What Are the Relevant Facts?
According to the article, M&S is offering community business up to 50,000
cash subsidy in ethical relaunch. In additional, It also provides young people
careers advice. Under M&S new chief executive, Steve Rowe, M&S promises
t
FIGURE 2.1
Ethics & Governance: A Timeline of Important Events
Scandal, Ethical Issue or Development
Stock Market Crash, The Great Depression
U.S. Securities & Exchange Commission established & Glass-Steagall Act
Fannie Mae founded
Investment Advisers Act
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