Ethical Obligations and Decision Making in Accounting Text and Cases 5th edition Steven M. Mintz, Roselyn E. Morris - Solutions

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5. Debate one or more of the following propositions: • The scientific method is the best way to solve ethical problems.
1. In a group, generate a list of absolute moral laws or duties that must be obeyed without exception. To make the list, everyone in the group must agree on that item. Keep a separate list of the laws or duties that were nominated but failed to receive unanimous support. Present your lists to the
6. What leadership ethics lessons do you take from this case?
4. How can we keep from being deceived by evildoers?
1. Should preventing North Korea from developing nuclear weapons take priority over efforts to stop the country’s human rights abuses?
8. Evaluate the spiritual climate of an organization using the values presented in this chapter. Share your findings with the rest of the class.
5. Analyze the apology of a well-known leader and analyze its effectiveness. Conclude with an overall evaluation and provide suggestions for how the apology could have been improved.
4. Can you develop character without experiencing failure?
3. What role did hardship play in her ultimate success?
2. What character traits did Maathai exhibit?
1. What did Maathai have in common with other moral exemplars?
6. Has Mortenson done more good than harm?
5. As a donor, what ethical responsibility do you have when deciding which charities to support?
4. Is Mortenson now completely discredited as a spokesperson for building schools in Central Asia?
3. Why do we often have difficulty acknowledging that our heroes have flaws?
2. Which poses the greater danger to a leader’s character, success or failure?
1. How much was Mortenson’s failure the result of poor character and how much was the product of other factors?
5. How can we prepare ourselves to function effectively in high-risk situations
4. Have you ever been part of an organization that experienced a crisis and/ or the death or serious injury of one or more its members? If so, how did leaders respond to the crisis or tragedy? What virtues did they demonstrate?
3. Do you want a career in a high-risk occupation such as law enforcement, the military, or firefighting? If so, why are you interested in pursuing a dangerous profession?
2. Have you ever been an in extremis leader? If so, what qualities (competencies, virtues) did you demonstrate?
1. Have you ever followed someone in a life-or-death situation? If so, what qualities (competencies, virtues) did you look for in your leader?
9. Complete the credo memo exercise above if you haven’t already done so. Encourage others in your work group or organization to do the same, and then compare your statements. Use this as an opportunity to engage in a dialogue about values.
How would you classify these role models according to the types described in this chapter?
4. Brainstorm a list of moral exemplars. What does it take to qualify for your list?
1. What factors described in the chapter contributed to PCA’s top management’s decision to ship contaminated products?
6. How much should citizens be concerned about the private lives of their political leaders?
5. Does being a libertine automatically disqualify someone from becoming a good leader?
4. Do you think that powerful men are more likely than powerful women to engage in sexual infidelity? Why or why not?
2. What can followers do to prevent their leaders from feeling entitled?
1. What other powerful leaders can you name who have apparently engaged in sexual misconduct out of a sense of entitlement?
6. How much responsibility do followers have for supporting destructive leaders? Record your conclusions.
3. Complete Self-Assessment 2.2, the Propensity to Morally Disengage Scale. What do your results reveal about your tendency to excuse your unethical behavior? What steps can you take to avoid this form of faulty reasoning?
3. Did Yuri’s wife deliberately remain ignorant about his activities in order to maintain her family and lifestyle? 1. What unhealthy motivations drive Orlov? 2. What moral disengagement mechanisms does Orlov use to justify his actions? 3. Did Yuri’s wife deliberately remain ignorant about his
2. What moral disengagement mechanisms does Orlov use to justify his actions?
1. What unhealthy motivations drive Orlov?
5. Should doctors refuse to provide treatments that may not work for patients who demand those treatments?
4. Should the FDA be given more power to regulate the drug compounding industry?
3. What principles should guide leaders when they are deciding whether or not to act when their authority is unclear?
2. Should FDA Commissioner Hamburg have shut down the NECC plant even though she lacked clear jurisdiction to do so? What might have been the consequences had she done so?
1. How much blame should be placed on the FDA for failing to prevent the meningitis outbreak? How much responsibility belongs to the state?
6. Was the publication of the database ethical? Why or why not?
5. Are there certain types of personal information that should never be released to the public?
4. By publishing the database, did the newspaper cross the line from journalism to advocacy?
3. Does the public have the right to know who owns guns? Would you want to know if your neighbor owns a gun?
2. Did the publication of the database violate the privacy rights of gun owners?
1. As a gun owner, how would you respond if your name and address were included in a list of gun owners published in a newspaper or online? Would it make any difference to you if this information was already available to the public through some other source?
7. Is the scandal only a temporary, minor setback for Rupert Murdoch?
6. Should the News Corporation be prevented from purchasing more newspapers or television networks in the United States?
5. Should there be limits on how many media outlets one company can own?
4. Should Rupert Murdoch be held accountable for the scandal?
3. What other leadership shadows do you see cast in the News Corp phone hacking and bribery scandal?
2. Can you think of other examples where corporate money and influence have corrupted the political process?
1. How did leaders cast the shadow of power in this case?
5. Debate the following propositions in class: • The federal government should set limits on executive compensation. • Married politicians who have extramarital affairs should be forced to resign. • Employers have the right to monitor the behavior of workers when the workers are not on the
3. What does your score on the Destructive Leader Behavior Scale (Self-Assessment 1.1) reveal about your leader? How can you use this information to become a more effective follower?
5. Should doctors refuse to provide treatments that may not work for patients who demand those treatments?
4. Should the FDA be given more power to regulate the drug compounding industry?
3. What principles should guide leaders when they are deciding whether or not to act when their authority is unclear?
2. Should FDA Commissioner Hamburg have shut down the NECC plant even though she lacked clear jurisdiction to do so? What might have been the consequences had she done so?
1. How much blame should be placed on the FDA for failing to prevent the meningitis outbreak? How much responsibility belongs to the state?
6. Was the publication of the database ethical? Why or why not?
5. Are there certain types of personal information that should never be released to the public?
4. By publishing the database, did the newspaper cross the line from journalism to advocacy?
3. Does the public have the right to know who owns guns? Would you want to know if your neighbor owns a gun?
2. Did the publication of the database violate the privacy rights of gun owners?
1. As a gun owner, how would you respond if your name and address were included in a list of gun owners published in a newspaper or online? Would it make any difference to you if this information was already available to the public through some other source?
7. Is the scandal only a temporary, minor setback for Rupert Murdoch?
6. Should the News Corporation be prevented from purchasing more newspapers or television networks in the United States?
5. Should there be limits on how many media outlets one company can own?
4. Should Rupert Murdoch be held accountable for the scandal?
3. What other leadership shadows do you see cast in the News Corp phone hacking and bribery scandal?
2. Can you think of other examples where corporate money and influence have corrupted the political process?
1. How did leaders cast the shadow of power in this case?
5. Debate the following propositions in class: • The federal government should set limits on executive compensation. • Married politicians who have extramarital affairs should be forced to resign. • Employers have the right to monitor the behavior of workers when the workers are not on the
3. What does your score on the Destructive Leader Behavior Scale (Self-Assessment 1.1) reveal about your leader? How can you use this information to become a more effective follower?
You were engaged to file the 2018 individual and corporate tax returns for a client. The client provided her records and other tax information on March 1, 2019, to help prepare the 2018 tax return. Your client paid you $12,000 in advance to prepare those returns. On April 1 after repeated requests
The issue of the size of executive compensation packages is explored in the text. The highest paid CEO in 2016 was Thomas Rutledge, CEO of Charter Communications, who received $98 million in executive compensation. As noted in the text, critics claim that CEOs receive excessive executive
In talking about transformational leadership, Jennifer Wilson, Co-founder & Partner of ConvergenceCoaching, stresses the importance of getting people to believe in what they do, excited about what they do, and understanding the broader ideals of their work. What does this mean to you and your
The court rulings in Digital Realty and Erhart establish standards of behavior for accountants and auditors. Which elements of ethical leadership might influence that behavior?
Krispy Kreme management utterly failed at transformational leadership. This is defined as a leadership approach that causes which of the following?a. Changes in the company and social systemb. Changes in the company and individualsc. Changes in the individual and social systemd. Changes in the
How does an auditor’s commitment to the firm, view of oneself as a professional, and loyalty to colleagues influence whether he will blow the whistle on financial wrongdoing?
PwC’s failure at the audit suggests the failure to create an ethical environment created through which of the following?a. Transformational leadership and moral intensityb. Moral persons and moral managementc. Espoused values and management practicesd. Espoused practices and management values
The failure to notice large shipments at year end and the subsequent issue of large credits is probably a failure of not employing what?a. Substantive proceduresb. Analytic proceduresc. Year-end cutoffd. Management letter
Marketing tax shelters with names like FLIP and BLIPS suggests a lack of what?a. Transformational leadershipb. Moral personsc. Whistleblowersd. Ethical leadership competence
It might be said that an effective, ethical leader is one who adheres to ‘situational’ ethics. Explain what this means. Do you agree?
One has to wonder about the ethical climate at KPMG due to the lack of ________________.a. guidance on tax shelter transactionsb. an ethical tone at the topc. transformational leadershipd. all of these choices are correct
1. Describe the leadership style of David Norris? Include in your explanation the nature of the relationship he had with Lindsay Farrow.2. Do you consider the decisions made by Norris dysfunctional audit behavior? Explain.3. What should Alan Morse do once he learns about these issues?David Norris
Describe the role of professional judgment in ethical leadership as it pertains to accountants and auditors and the link to their moral role in society.
Why do you suppose the marketing of the tax shelters at KPMG grew so fast?a. Transformational leadershipb. Moral managerc. Social learning theoryd. Moral intensity
1. How was mismanagement at Krispy Kreme reflective of leadership failure?2. Describe the financial shenanigans used by Krispy Kreme. In this regard, is earnings management always a sign of failed leadership?3. PwC had been Krispy Kreme's auditor since 1992. How can a firm's length of service
Steve is balancing the desire to sell the firm’s product with the lack of independence in appearance, which may be a result of being the auditor AND advisor in the software decision. Perhaps Steve should consider The Ethical Leadership Scales. This measures personal ethical ______________.a.
1. Describe the link between the tax culture at KPMG and leadership. Do you believe there is a direct correlation between dysfunctional tax decisions and culture?2. How can tax positions taken reflect leadership style?3. Describe the relationship between the tax shelters developed by KPMG and
Giving voice to values considers values to be the first pillar of the methodology. In his position as advisory manager of the audit, Steve should be considering his commitment to what?a. Individual valuesb. Organizational valuesc. Ethical valuesd. Character-based values
Who has the most at stake among the stakeholders in this case?a. Steve Michaelsb. Rosanne Fieldc. Research Triangled. Oak Manufacturing
1. Describe the characteristic traits of leadership at GE. How would you describe Flannery’s leadership style?2. Do you believe that leadership style and connection with employees can influence operating systems? Explain.3. Scott Davis criticized Immelt’s tenure as CEO and observed: “Jack
1. Describe the leadership style of Steve in this case.2. Assume Steve decides to support Gary's explanation for choosing the firm's own package. What will you do next?3. Have there been any violations of the AICPA Code of Professional Conduct in this case? Be specific.Research Triangle Software
Review the numbers below. Assume you are an investor. What questions would you have about the numbers and presentation?
Read the following statements made by Warren Buffet in a letter to shareholders included in the Berkshire Hathaway 2017 Annual Report. Should the external auditors have a role in responding to its information content? Can the statements be misleading to shareholders and the investing community?I
Schilit describes a variety of financial shenanigans. What is the purpose of using those techniques? Would you call it gimmickry? Explain.

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Ethical Obligations and Decision Making in Accounting Text and Cases 5th edition Steven M. Mintz, Roselyn E. Morris - Solutions

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