Review And Provide A Written Summary Completing The Followin ✓ Solved

Review And Provide A Written Summary Completing The Following Requirem

Review And Provide A Written Summary Completing The Following Requirem

Review and provide a written summary completing the following requirements: Describe the ethical dilemma Bonnie is facing in her first day on the job. Describe the essential accounting issue at stake in her dilemma. How has the overall environment of the organization played a role in creating this dilemma? Knowing Bonnie’s past working relationship with the CFO (Ed) and her direct report to Bill, what would you prescribe as next steps for Bonnie? How might Bill’s intimidating personality influence Bonnie? Use the ethical theory you think would be most helpful in this situation and describe how it might guide Bonnie. Requirements: Your written paper should be 4-5 pages in length not counting the title and reference pages, which you must include. Use terms, evidence, and concepts from class readings. You need to cite at least three sources for this assignment, outside of the textbook. The CSU-Global Library (Links to an external site.) is a great place to find resources.

Sample Paper For Above instruction

In her inaugural day on the job, Bonnie faces a complex ethical dilemma rooted in the organizational environment and her prior relationships, specifically involving issues of financial integrity and workplace power dynamics. The ethical challenge emerges around her discovery of potentially misleading financial reporting practices, which threaten the organization's transparency and compliance with accounting standards. The core accounting issue centers on whether Bonnie should report discrepancies she witnesses or conform to the pressure to manipulate or overlook certain figures to meet managerial expectations.

The organizational environment significantly influences Bonnie’s dilemma. A culture that emphasizes short-term financial targets over long-term integrity fosters an atmosphere where unethical practices may be overlooked or implicitly encouraged. Moreover, Bonnie’s previous positive working relationship with CFO Ed might create a conflict of interest, as she might feel compelled to protect him or avoid confrontation. Her direct report to Bill adds another layer of complexity, especially considering Bill's intimidating personality, which could exert emotional pressure on Bonnie, discouraging her from speaking out or challenging unethical practices.

Regarding the next steps, Bonnie should first seek advice from an independent ethics resource within the organization, such as a compliance officer or an external whistleblowing protocol. She could also document her observations meticulously, ensuring a clear record before escalating her concerns. If her immediate environment remains hostile or dismissive, consulting external regulatory bodies or professional accounting associations might be necessary. Given her relationship with Bill and Ed, Bonnie must weigh her options carefully, considering both her ethical responsibilities and her career implications.

Applying an ethical framework, such as Kohlberg’s stages of moral development, can provide guidance. At the highest moral level—post-conventional morality—Bonnie would prioritize adherence to universal principles of honesty and integrity above organizational pressures. This ethical stance supports her moral obligation to report discrepancies despite personal or professional risks. Alternatively, utilizing virtue ethics emphasizes qualities such as integrity and courage, suggesting Bonnie should act in alignment with her moral character, regardless of external pressures.

In conclusion, Bonnie’s situation underscores the importance of organizational culture and personal ethical conviction. Her ability to navigate this dilemma depends on her awareness of ethical standards, her support network, and her moral resilience. Organizations should foster environments where ethical behavior is encouraged and protected, aligning corporate culture with integrity and transparency. Bonnie’s case exemplifies the critical role that individual moral judgment plays in maintaining organizational accountability and ethical standards.

References

  • Kidder, R. M. (2005). How good people make tough choices: Resolving the dilemmas of ethical living. HarperOne.
  • Boatright, J. R. (2013). Ethics and the Conduct of Business (8th ed.). Pearson.
  • Shapiro, D. L., & Stefkovich, J. A. (2016). Ethical Leadership and Decision Making in Education. Routledge.
  • Ferrell, O. C., Fraedrich, J., & Ferrell, L. (2019). Business Ethics: Ethical Decision Making & Cases. Cengage Learning.
  • Resnik, D. B. (2018). The Ethics of Science: An Introduction. Routledge.