Question: This is an ethics case study in which you will be asked to put on your critical thinking caps and really apply yourself. Attached below
This is an ethics case study in which you will be asked to put on your critical thinking caps and really apply yourself. Attached below is a file that lays out a case study involving the Franklin Lumber Company.You will see in reviewing the file that while it's not overly "complex", it does present some clearcut ethical issues.Your task is to apply your best critical thinking skills to this and to write a paper that thoroughly provides the following....
Presents the background of the case
Presents the issues involved in this case
Discusses the questions delineated below
States your positions on the issues
Provides your conclusions to the issues
Put yourself in Shirleys shoes...If you are right that the accounting entries should be made, what would be most important to you in deciding what to do in this case?
What would you do and why?
How would the companys leadership and culture present a challenge?If you are going to blow the whistle, as a CPA, what information does she need to be aware of
Please reference the Chapter Exhibit from your textbook, "Ethical Responsibilities of CPAs to Avoid Subordination of Judgement".It is also included in the Franklin case study.
Make sure you properly explain the chain of command
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