In: Accounting
To prepare for this Discussion, think about a time in your
professional experience when a decision...
To prepare for this Discussion, think about a time in your
professional experience when a decision was made based on
inaccurate financial information or unethical behavior resulting in
fraudulent financial information. If you do not have professional
experience directly related to accounting and decision making,
research a situation where inaccurate or fraudulent financial
information was provided by a company. Consider the outcomes of
utilizing fraudulent financial information for decision making and
research how to avoid such situations.
By Day 3
Post the following:
- Describe the situation from either your professional experience
or your research.
- Explain the steps you would take to address unethical behavior
and remedy the situation of utilizing the inaccurate or fraudulent
financial information you described and why you would take these
steps.
- Explain the steps that you, as a manager, might take to ensure
that all financial information you review accurately reflects the
organization’s true financial situation and why this is important
to prevent unethical behavior and the use of inaccurate or
fraudulent financial information.