Problem 2: The Promotion
You have been working for a corporation as the controller for just a year. The CFO is moving to another state next month and you have been offered the job.
Company background: Just recently the company has decided to go public.
Your background: You have been with the company one year, a licensed CPA who spent 4 years in public accounting. Your plan was in 5 years becoming a CFO for this company or another company. The job falls in your lap in just one year. There will however be very little time for the transition with the old CFO leaving the state shortly.
You have no real background in SEC rules and regulations. When the company announced it’s plans to go public you attended a class but is that enough? As CFO you will be a key player in preparing financial information for the filing, discussion with attorneys, auditors, and underwriters. You would also be responsible for supervising other professionals, including the person who will be filling your old position.
Despite your concerns, you keep thinking about how great this would be for your career. Not to mention the sizable salary increase and job status.
The company has no intention of advertising the position outside the company unless you refuse the position.
It will be nearly impossible to take the promotion and gain the competence needed to be effective due to the fact you will be plunged right into preparations for the offerings. There will be no time. You really want this position and “Management wouldn’t offer me an executive position if they didn’t think I was capable, would they?”
Analyze the problem using the ten steps on page one. What part of the code is most relevant to this situation?
Ten Steps;
Recognizing Ethical Matters and making good decisions means being familiar with the profession’s rules and regulations from the AICPA and the state board of accountancy. To be effective, you need to know how to analyze a matter or situation. One ethics decision making model contains 10 steps:
Step 1: Recognize the Ethical Issue – the ethical issue in this situation
Step 2: Gather the Critical Facts – All the facts may not be initially evident, make sure you have them all before making any decisions.
Step 3: Identify the Stakeholders – Considering the alternatives who will positively benefit or negatively be harmed by your decision or actions.
Step 4: Consider Alternatives – What are the various approaches that can be taken to address this matter and resolve the ethical conflict.
Step 5: Consider the Effect on Stakeholders – Consider how each approach is likely to affect the stakeholder.
Step 6: Consider Your Comfort Level – How comfortable are you with each option, if discussed in public, how would it reflect on your ethics.
Step 7: Consider Rules, Regulations and Laws – Are the options consistent with the professional rules, regulations and laws?
Step 8: Make a Decision – Once you have considered all of the above can you make a decision?
Step 9: Document Your Efforts – Document your understanding of the facts, names of anyone you have consulted, their professional affiliations and your decision.
Step 10: Evaluate the Outcome – Once time has passed, it may be constructive to reevaluate the decision you made and considering the outcome, if you would have done anything differently.
In: Finance
Third Assignment
Please read the following scenario and then refer to the materials
of the courseto answer the questions
The scenario:
Dr. Latif is a new nephrologist employee working in the kidney
dialysis unit at one of the Palestinian hospitals, and he deals
with chronic patients who are visiting the unit "2 or 3" times
weekly, so the staff is familiar with the patients and they
formulated very close interaction and relationship.
He started to feel overinvolved with one of the patients who has
many personal and family conflicts and she used to share it with
Dr.Latif as he was very close to her, even they were friends on
social media and he consider her to be a close friend, he felt
empathetic with her, with time he started to be uncomfortable as
the relationship started to cross the professional standers and he
became emotional over-involvement.
Answer the following questions
1-Please, differentiate between the levels of patient-"Health care
provider" like Doctor, Nurse…etc. involvement?
2-What communication skills should Dr. Latif follow to assure the
professional relationship. And why?
3-Why do you think the patient-Doctor/Nurse relationship could
become intimate ??reflect from the case
4- Please summarize in two lines how could the nurse be empathic
with the patients but keep professional standers?
-You can submit the assignment either group"4-8" or individual
work
-Use scientific accurate English language
-Use just Microsoft word document type
-Please do your efforts to express using your own language, don’t
just copy and paste from internet sites, if you use reference
mention them.
In: Nursing
Conflict of Interest: Luca Deporte is the Senior Portfolio Strategist for the Republic of Benga’s sovereign wealth fund - The Zouk Fund. The fund employs external specialist asset managers to manage various portions of the Zouk fund mandate in the category of developed market equity. Earlier in the week Luca received a phone call from Alex, a former colleague from Business School. Alex is now a sell-side analyst with a reputable major North American asset management firm and is in the process of expanding his clientele and is keen on landing the Zouk fund as a potential lucrative client. During his conversation with Luca, Alex introduces the products and services available and the prospect of gaining a share of the externally managed portfolios. The sales call is timely as Luca was already evaluating existing and potential managers for the developed market equity portion of the fund. Further, Luca’s research reveals that Alex’s employer’s products are generally aligned with the Zouk fund’s mandate. Luca decides to give Alex a chance and includes Alex’s firm as a recommended external manager for the developed market equity. However the report does not mention his familiarity with the sales analyst-Alex. Consider the Following questions in your post \
In: Finance
Amir Labib gets a reduced rate from his auto insurance company because he represents in his application that he commutes less than ten miles a day to work. Three years later, he and his wife buy a new residence, farther away from work, and he begins a fifteen-mile-a-day commute. The rate would be raised if he were to mention this to his insurance company. The insurance company sees that he has a different address, because they are mailing invoices to his new home. But the rate remains the same. Amir has a serious accident on a vacation to Yellowstone National Park, and his automobile is totaled. His insurance policy is a no-fault policy as it relates to coverage for vehicle damage. Is the insurance company within its rights to deny any payment on his claim? How so, or why not?
In 2009, Peter Calhoun gets a life insurance policy from Northwest Mutual Life Insurance Company, and the death benefit is listed as $250,000. The premiums are paid up when he dies in 2011 after a getaway car being chased by the police slams into his car at fifty miles per hour on a street in suburban Chicago. The life insurance company gets information that he smoked two packs of cigarettes a day, whereas in his application in 2009, he said he smoked only one pack a day. In fact, he had smoked about a pack and a half every day since 1992. Is the insurance company within its rights to deny any payment on his claim? How so, or why not?
In: Operations Management
For each of the following scenarios, identify the nonverbal message being sent and indicate if the sender and/or receiver should handle the matter differently:
In: Accounting
The Bureau of Labor Statistics published its February jobs report on March 9. Here is a link to their press release:
https://www.bls.gov/news.release/empsit.nr0.htm
Your job is the following. Read the press release and incorporate into a writing assignment containing the following elements:
Short run labor market
Is this job report a positive or negative one? How does this report fit into the trends of the last few months? What does it say about the state of the labor market and the economy as a whole? Support your opinion with evidence. Make sure to mention the number of jobs created and the unemployment rate. Include any other statistics that support your position, and explain how they do so.
Medium run labor market
You have drawn a conclusion about the state of the labor market and the overall economy. How does this trend of the last few months fit into the performance of the economy over approximately the last 10 years or so? Support your position using evidence, including any relevant statistics.
Long run labor market
The economy and the labor market fluctuate over time (this is the business cycle we have previously read about). But are there any long run trends over the past 20-30 years that have been consistent? What are these trends and what do they imply about the state of the economy in the future? Again, use statistics and evidence to support your view.
Other notes:
.
Using outside sources is recommended, but not required. If you consult any outside sources, please include a bibliography. Here is one source that may be helpful. It is historical unemployment data compiled by the BLS:
https://www.bls.gov/cps/cpsaat01.pdf
In: Economics
One of the debates today is the idea of BIG Government. Many
commentators in the main stream media have suggested that we are
progressing towards socialism. In some perceptions, the more the
government attempts to provide for the people, the more the
government is perceived as "interfering". On the opposite spectrum
of socialism is the philosophy of social Darwinism. Social
Darwinism refers to the idea that individuals who are able to
survive should be free to do so, without the hindrances of the
weak, the poor or the handicapped (physically, emotionally, or
mentally). It means that the fittest survive, and allow for a
propagation of others who are fit. Social Darwinism is a
philosophical foil to socialism. Socialism argues that for a
society to be strong and healthy, it must care for its weak. Social
Darwinism argues that society benefits from the struggle for
survival and that the weak should be left to their own accord while
the strong survive.
Survival of the fittest is currently how businesses desire to
operate, with little to no government interference and a sole
reliance on competitive forces for success. Free markets and the
free hand of capitalism.
Please answer the following question:
"What are your thoughts about the well-being of our society? What direction would you like to see emphasized: social care or survival of the fittest? Is our culture emphasizing society at the detriment of the individual? Or do you feel that we are emphasizing individualism, to the detriment of society? What are your thoughts about businesses receiving bailouts while the moral hazard of disincentivizing individuals to work is emphasized?"
(Please answer this question in the context of social Darwinism
and capitalism. Also, mention concepts such work ethic, rights and
private property, social contracts, free economics, economic
advantage, historical exploitation, and ideological values.)
Please Write more than two paragraphs for this
In: Economics
For this week’s journal entry, please revise the following sentences so that they use parallel construction.
1. Roma mystics are famous for their traditions of fortune-telling by reading Tarot cards, interpreting dreams, and they also look into crystal balls.
2. According to some traditions, every dream is supposed to contain its own symbol of the past or can predict the future.
3. When you have your tea leaves read, a true Romani will put a lot of effort into the ritual itself, including making the tea, selecting the appropriate China, and plays soothing music.
4. Palm readers examine lines on the palm, fingers and their lengths, and the prominence of the mounts.
5. Some critics of fortune-telling suggest that trained psychologists could also notice personal traits such as nervousness, that someone was lonely, or cheerful, which would also let them make reasonable predictions about a client's future.
Next, revise the following sentences so that they show variety in sentence length and structure. You may need to combine sentences or expand the sentences with details to add interest and variety.
1. Washington is the only state named after a president. Many cities and counties are named after presidents.
2. California is bordered by the Pacific Ocean. There are many islands, waterways, and rivers not to mention the evergreen forests near the coast.
3. The car battery would not start. The battery was dead. I called a tow truck.
4. She was not like her sister in fact they were total opposites.
5. Ricky Martin will remain my favorite singer although he has fallen out of fashion and I think he is terrific. He has done some free concerts for good causes too.
In: Finance
In: Accounting
In: Operations Management