Question: Name list for Class number Name list for Class number Section B (100 marks) (Word limit 600, 20 marks deduction for over limit) Ethics in

 Name list for Class number Name list for Class number SectionB (100 marks) (Word limit 600, 20 marks deduction for over limit)Ethics in Business and Accounting Jennifer Mak is a Chief Financial Officer

Name list for Class number Name list for Class number Section B (100 marks) (Word limit 600, 20 marks deduction for over limit) Ethics in Business and Accounting Jennifer Mak is a Chief Financial Officer of a reputable logistic company. One of her main responsibilities is to overlook the financial reporting. Jennifer is concerned about how to improve the financial performance of the whole company. She is considering to engage a consultancy firm to develop Robotic Process Automation for the accounting functions. She expects that she can help the company to reduce the staff cost of the accounting function by lay off one-fourth of accounting staff once the Robotic Process Automation is completed. Jennifer Mak expects to lay off those staff who claimed more over-time pay in the past. Required: (1) Identify the ethical issue(s), if any, involved in this case? (2) Who are the stakeholders in this situation? How are they affected? (3) What are Jennifer's alternatives? (4) What course of action will you suggest Jennifer Mak taking? Justify your suggestion

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!