i need help with this assignment using the cover model.

We bil bib THE PARTIES Archie Jones Archie Jones is a Certified Public Accountant and is one of 9 partners in a medium-sized, regional accounting firm. The firm has offices in three different towns and Archie works in the "main" office in a community of about 75,000 people. He is no married and he and his spouse have two kids. The elder of the two is getting ready to start school at an expensive private used university several hours from his town. His younger child plays competitive lacrosse (which is second only to ice hockey in terms of expense). Income is tight at the Jones home because of these issues. At Archie's firm, partner compensation is based on the "point and percentage system." The partners believe that this system sets up an objective measure to eliminate any risk of bias. A compensation committee does an annual assessment of firm income and expenses and then allocates "profits" to the partners. [1] . For the purposes of this assignment, it is not important to understand the details of the compensation system, but it is important to know that a partner's income each year is larger if the partner brings in new business and if the partner bills more hours. Hours billed by managers or staff accountants for clients that the partner has brought in to the firm also increase the partner's compensation Betty and Kevin Lodge Betty and Kevin Lodge are a married couple who use Archie's firm for financial planning and tax preparation. They are considered Archie's clients because they retained the firm through their personal connections with Archie. Archie personally has worked on their joint tax returns as well as met with them about financial planning issues. Recently, Archie completed a comprehensive financial plan for the Lodges and has an intimate knowledge of the Lodges financial situation. All of this work was done with the Lodges as a couple. The Lodges have been married for many years and have had significant financial success. They own several properties in town (higher end apartment complexes) and have mortgages on two of the properties. The Lodges marriage has become more unstable as their kids have left home. It seems that over the years, the only thing they really had in common were the kids. They have been in marriage counseling and the status of their relationship changes quite often The Current Situation 21 Archie recently was working on an audit for a local bank. During that audit, the loan files for the Lodge's apartment complexes were randomly selected for review. Archie did not disclose that the Lodge's were clients of his firm, but did review the loan file. During the review, Archie noticed several items in the loan that were not consistent with his personal knowledge of the Lodge's finances (knowledge he gained through his work with the Lodges on financial planning and tax preparation). Archie met with the loan officer at the bank to discuss three of the loans that had been reviewed, including the loan to the Lodges. During the discussion, the loan officer indicated that he had gone to college with Kevin Lodge and that they work out together (or at the same time) at the gym. The loan officer made a comment during their discussion that he believes Kevin is arranging finances to protect assets for himself so he can divorce Betty without her getting half of their assets. When asked about that, the loan officer mentioned that he believed that based on things Kevin had said at the gym - "locker room talk." The loan officer also stated that he shouldn't have said anything because it was just gossip-like and asked Archie to forget it or at least keep it confidential. YOUR ASSIGNMENT You are to analyze this situation from an ethics standpoint Using either the COVER model or the Markkula Center model put together your "working papers" to analyze the issue from the perspective of Archie Jones or as an advisor to Archie 10 help him make his decision We bil bib THE PARTIES Archie Jones Archie Jones is a Certified Public Accountant and is one of 9 partners in a medium-sized, regional accounting firm. The firm has offices in three different towns and Archie works in the "main" office in a community of about 75,000 people. He is no married and he and his spouse have two kids. The elder of the two is getting ready to start school at an expensive private used university several hours from his town. His younger child plays competitive lacrosse (which is second only to ice hockey in terms of expense). Income is tight at the Jones home because of these issues. At Archie's firm, partner compensation is based on the "point and percentage system." The partners believe that this system sets up an objective measure to eliminate any risk of bias. A compensation committee does an annual assessment of firm income and expenses and then allocates "profits" to the partners. [1] . For the purposes of this assignment, it is not important to understand the details of the compensation system, but it is important to know that a partner's income each year is larger if the partner brings in new business and if the partner bills more hours. Hours billed by managers or staff accountants for clients that the partner has brought in to the firm also increase the partner's compensation Betty and Kevin Lodge Betty and Kevin Lodge are a married couple who use Archie's firm for financial planning and tax preparation. They are considered Archie's clients because they retained the firm through their personal connections with Archie. Archie personally has worked on their joint tax returns as well as met with them about financial planning issues. Recently, Archie completed a comprehensive financial plan for the Lodges and has an intimate knowledge of the Lodges financial situation. All of this work was done with the Lodges as a couple. The Lodges have been married for many years and have had significant financial success. They own several properties in town (higher end apartment complexes) and have mortgages on two of the properties. The Lodges marriage has become more unstable as their kids have left home. It seems that over the years, the only thing they really had in common were the kids. They have been in marriage counseling and the status of their relationship changes quite often The Current Situation 21 Archie recently was working on an audit for a local bank. During that audit, the loan files for the Lodge's apartment complexes were randomly selected for review. Archie did not disclose that the Lodge's were clients of his firm, but did review the loan file. During the review, Archie noticed several items in the loan that were not consistent with his personal knowledge of the Lodge's finances (knowledge he gained through his work with the Lodges on financial planning and tax preparation). Archie met with the loan officer at the bank to discuss three of the loans that had been reviewed, including the loan to the Lodges. During the discussion, the loan officer indicated that he had gone to college with Kevin Lodge and that they work out together (or at the same time) at the gym. The loan officer made a comment during their discussion that he believes Kevin is arranging finances to protect assets for himself so he can divorce Betty without her getting half of their assets. When asked about that, the loan officer mentioned that he believed that based on things Kevin had said at the gym - "locker room talk." The loan officer also stated that he shouldn't have said anything because it was just gossip-like and asked Archie to forget it or at least keep it confidential. YOUR ASSIGNMENT You are to analyze this situation from an ethics standpoint Using either the COVER model or the Markkula Center model put together your "working papers" to analyze the issue from the perspective of Archie Jones or as an advisor to Archie 10 help him make his decision