This assignment is worth up to $10$ Extra Credit points. It

is due by the date listed above.

In early $2016,$ the Boeing company found itself under

investigation by the Securities and Exchange Commission

$($SEC$)$ for allegedly using a certain accounting method to

change the reporting period for some of the costs

associated with the design of the $787($Dreamliner$)$ and

new $747$ aircraft. $($If you Google "Boeing $787$ accounting",

you can find articles.$)$

You are the Chief Ethicist $($no$,$ I don't believe any such job

title exists$)$ for the Boeing Company. What would you

recommend, ethically $-$ not legally $-$ that the company do$?$

Should the reporting process be changed? $($What effect

would changing to a stronger use of the Matching GAAP

have on the company's financial statements$/$stock

price$/$investors$?)$ Remember that part of your annual

bonus is paid in Boeing Company stock...

If this particular accounting issue doesn't appeal to you,

you may choose another accounting scandal from the

past $10$ years $($not Enron, as we'll be covering that

separately$)$ and describe how you would respond, again

as Chief Ethicist.