Ashford ACC618 Week 3 Discussion (dq1+dq2) Latest
ACC618 Professional Ethics for the Accountant
Week 3 Discussion
DQ1 Business Roundtable [CLO: 4]. 1st Post Due by Day 3. According to the Business Roundtable, “Effective corporate governance requires a clear understanding of the respective roles of the board and senior management and their relationships with others in the corporate structure. The relationships of the board and management with stockholders should be characterized with candor; their relationships with employees should be characterized by fairness; their relationships with communities in which they operate should be characterized by good citizenship;
and their relationships with government should be characterized by a commitment to compliance.” Discuss what is meant by each element of the statement with respect to creating an ethical organizational environment.
DQ2 Dodd-Frank Reform Act [CLO: 4]. 1st Post Due by Day 3. It is a distinguishing mark of actions labeled “whistleblowing” that the agent intends to force attention to a serious moral problem. How does this statement relate to whistle-blowers who come forward under provisions of the Dodd-Frank Financial Reform Act? Respond to the question by considering the motivations to blow the whistle as discussed in this chapter. Do you believe that the Dodd-Frank whistle-blower program that incentivizes reporting fraud and other wrongdoings in return for a monetary reward is ethical? Use the ethical reasoning methods to answer the question.
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