Ethics Cases -Su14 (Various Cases) 3
Only a Little Lie 3
Shopping Confusion 3
Community Counseling Services 4
Whose Miles are They? 4
The Democratic Republican Party 5
Time Share? 5
Job Interview Quandary 6
Can you keep a Secret? 6
Unexpected Holiday 6
Fogel - Watt Compliance (Making the Commitment to Compliance) 7
Issue Analysis Accounting for RAC Audit Adjustments and Exposures June 2010 7
References 9
Critical Analysis or Review of Peer Articles
Ethics Cases -Su14 (Various Cases)
Only a Little Lie
This article is important because it demonstrates limitations of managers within the work environment. It also makes it apparent that the professional organizations with centralized decision-making authorities promote and encourage “segregation of duties”. Here, managers have no control over the business processes to modify them for personal benefits. Apart from this, the article also highlights that for accessing any health benefit from an insurer, managers and employees need to meet the case requirements.
As far as the role to be played by Mr. John Spratt is concerned, the article conveys that he encourages truthfulness and honesty in professional endeavors. If he knows that Ms. Jeans’ case is legitimate and she is in genuine need of the health benefit, Mr. John Spratt should bend the rules a little bit instead of strictly following the rules. Here, to protect Ms. Jean would do the job, it is fine to lie a little . By doing so, Mr. John is not only protecting Ms. Jeans child but also protecting her morale and productivity to go down. In case of case rejection, Ms. Jeans would feel down and stressed which is detrimental for her morale and productivity at work. Soon, the organization may lose her as well.
Shopping Confusion
This article is important for its readers as it contains information about the manner in which key managers and employees of any organization may lose their morale and productivity due to stress. As Ms. Jones was making purchases on behalf of the society and was never paid her amount through reimbursement, it is obvious that such an activity was a financial shock to her family. Resultantly, Ms. Jones felt anxiety at work which made her stressed out and work temporarily. Though she seems to have strong willingness to support the community but the society’s treatment towards her is illegitimate.
Community Counseling Services
In such a situation of conflict between two senior managers, Mr. Hull should immediately report the violation of rules and policies set out by United Charities (UC). As the surplus of $30,000 in 1997 falls under the non-approved portion, Mr. Hull should immediately arrange a meeting with the human resource managers and bring this issue to his attention. Mr. Donald Ives is also right in his place to hire a person specializing in counseling both the family members and those patients diagnosed with Alzheimer disease.
Whose Miles are They?
This is an important article for all managers who direct and supervise transportation expenses of the senior management. It conveys important information that if travelling expenses go unchecked, senior managers will misuse such a facility. While going on a vacation, travelling expenses may wrongly be charged to business expense account. This will dramatically increase business operating expenses, thereby, reducing profitability and fund raising capacity of the charitable organization, Safe Harbour. Linda Square, the CFO, should implement strict internal controls of check and balance to limit the budget available for business related and personal travelling allowances.
The Democratic Republican Party
In such a situation, this particular article is important to be reviewed by government entities and businesses since the article reflects violation of a government act by the casino. It is recommended that the government auditors should report the issue to concerned authorities. Arrangements must be made to arrears of two percent for two years should be deducted from the next allocation of DRP for party and the proceeds should be distributed to CCI for balancing the situation. Moreover, the authorities responsible for such a situation should be penalized as per law and rules.
Time Share?
In this case, Ms. McCann should ask for the attendance sheet of Mr Bob and have the attendance verified first. Afterwards, upon confirmation of stipulated attendance, Ms. McCann should discuss the matter with Mr. Bob to identify if there is any problem. At the same time, Ms. McCann should also investigate if the facility availed by Mr. Bob is reducing his productivity at work. For discouraging such activities in future, Ms. McCann should discuss the matter with senior officials of human resource department.
Job Interview Quandary
The charity should not wait for Sally to return to the city and be interviewed for the available vacancy. This would delay and jeopardize the reason for which “Cuisine by Car” charity exists. However, if the charity could wait for the suitable candidate, the hiring process should be finalized only after interviewing all available candidates. Both the candidates should be judged on equal grounds that will help management identify the right candidate.
Can you keep a Secret?
The partners of Bakal Blazouske should immediately report the error or mistake to the concerned authorities of Revenue Canada. If the mistake is discovered in future, corporate reputation of both the business and its accounting firm would be at stake. The company, Dalewood Incorporated, should immediately pay all of its tax liability to retain stakeholders’ trust in its financial statements.
Unexpected Holiday
This article is important to highlight the quality and efficiency of strict internal controls concerning travelling and accommodation expenses. As the college sent Mr. Tom for a representation in conference for a stipulated time period, it should reimburse only the amount charged till conclusion of the conference. Afterwards, the decision of Mr. Tom to stay further was personal and should not be reimbursed in any way.
Fogel - Watt Compliance (Making the Commitment to Compliance)
This particular stresses upon the importance of having a regulatory and compliance program in place for promoting transparency and reliability of healthcare organizations. This is an important because it highlights that every healthcare organization should have a compliance program and strict internal controls so that none of its resources are wasted and misused. To prevent fraudulent activities, clear communications channels should prevail in an organization between all of its members.
The article conveys important information that board of directors should play an active part to preserve the corporate integrity of healthcare entities they work for. Sufficient attention should be given to those internal controls and business processes having financial consequences. The preservation of auditor’s independence at the time of examining the financial and non-financial matters of a healthcare organization is important in this regard.
If healthcare organizations lack commitment about compliance and have no effective programs in place, it means that such an entity is not serious about its corporate governance and laws/regulations. Even if an organization has compliance plan and program in place, its objective to comply with stipulated standards is jeopardized if the entity fails to provide adequate compliance training to its managers and employees.
Issue Analysis Accounting for RAC Audit Adjustments and Exposures June 2010
This particular article is important for review by the management of all healthcare organizations as it attempts to convey information or guidelines concerning audit and financial adjustments. This is so because healthcare organization may have identified those expenses that are non-reimbursable. Similarly, there may be expenses or bills which healthcare organizations may have not yet identified or accounted for. This article is important because it conveys important information about various RAC audit notifications. What should healthcare organizations do and in what manner they should account for different expenses, is communicated by this article.
References
James, G. (2014, September 17). 7 Times It's OK To Lie To The Boss. Retrieved April 05, 2016, from Business Insider: http://www.businessinsider.com/7-times-its-ok-to-lie-to-the-boss-2014-9
