Evaluate Business Through Ethical Perspectives – Cfo Case
Table of Content
Abstract
Table of Content
Introduction
Background
Purpose
4 Component of ethical theory
Consequence
Consistency
Character & Culture
First Decision: Small payment to speed up progress in Indonesia
Consequence
Consistency
Character & Culture
Second Decision: Medium payment to seek contract approval in Bangladesh
Consequence
Consistency
Character & Culture
Third Decision: Ignore Internal Control
Consequence
Consistency
Character & Culture
CFO Roles and Responsibilities
Recommendation
Conclusion
Reference list
10-11
Introduction
1.1 Background
CFO today needs to be able to evaluate business through ethical perspectives to avoid and minimise ethical issues in Accounting, in order to remain competitive and survive in the industry especially since there are cases like Enron, which makes the public more critical about the issues.
1.2 Purpose
The purpose of this report is to provide the CEO with a report that outlines the relevant ethical considerations, CFO responsibilities and give advice to the CEO. This paper will evaluate possible unethical action by the company using 4 component of ethical theory which consists of Consequences, Consistency, Care, Character & Culture in the business environment