IRCS: Valuing Ethics at the Expense of Inventory

2012 ◽  
Vol 28 (1) ◽  
pp. 153-172 ◽  
Author(s):  
James H. Long ◽  
Lasse Mertins ◽  
DeWayne L. Searcy
Keyword(s):  
Ethical Dilemma ◽  
Ethical Framework ◽  
Top Management ◽  
Professional Conduct ◽  
Ethical Implications ◽  
Course Of Action ◽  
Team Player ◽  
Debt Covenant ◽  
Debt Covenant Violation ◽  
Code Of Professional Conduct

ABSTRACT: Lisa Martin, the newly promoted controller at International Retail Computer Solutions (IRCS), faces an ethical dilemma. According to her calculations, the company should record a substantial inventory impairment loss. However, top management at IRCS is concerned that Martin's proposed inventory impairment adjustment will place the company in violation of an important debt covenant, which would allow the bank to call IRCS's $10 million note. Should Martin insist on keeping her original inventory impairment adjustment? Or should she be a team player and revise the adjustment downward to prevent a debt covenant violation? As students respond to the case questions, they are exposed to a realistic scenario requiring them to think critically about the underlying accounting issues and to consider the ethical implications of Martin's actions. In addition, the case requires them to apply an ethical framework (the AICPA's Code of Professional Conduct) to determine the ethical course of action.

scholarly journals Legal And Ethical Implications Of The Foreign Outsourcing Of Tax Return Preparation

2010 ◽  
Vol 9 (3) ◽  
Author(s):  
John R. Leavins ◽  
John Starner ◽  
John E. Simms
Keyword(s):  
Service Providers ◽  
Internal Revenue Service ◽  
Professional Conduct ◽  
American Institute ◽  
Foreign Service ◽  
Internal Revenue ◽  
Ethical Implications ◽  
The Subject ◽  
Foreign Outsourcing ◽  
Code Of Professional Conduct

In recent years, the outsourcing of tax preparation to foreign service providers has grown substantially. The benefits of outsourcing include lower costs and obtaining additional assistance during the busy tax season. However, some have raised both legal and ethical questions regarding this process. Arguments against the practice include problems related to ensuring confidentially of the information transmitted and the inability to adequately supervise personnel in foreign locations. This paper explores the legal concerns and ethical questions regarding outsourcing in light of the Gramm-Leach-Bliley Act, the Internal Revenue Service requirements, and the American Institute of Certified Public Accountant’s Code of Professional Conduct. In addition, the paper summarizes the most recent pronouncement of the AICPA on the subject.

An examination of IFLA and Data Science Association ethical codes

IFLA Journal ◽  
2019 ◽  
Vol 45 (4) ◽  
pp. 289-301
Author(s):  
Cheryl Trepanier ◽  
Ali Shiri ◽  
Toni Samek
Keyword(s):  
Professional Practice ◽  
Data Science ◽  
Code Of Ethics ◽  
Ethical Framework ◽  
Professional Conduct ◽  
Data Ethics ◽  
Information Professional ◽  
Other Information ◽  
Code Of Professional Conduct ◽  
Science Association

This paper compares the 2012 International Federation of Library Associations and Institutions’ Code of Ethics for Librarians and Other Information Workers and the 2013 Data Science Association’s Data Science Code of Professional Conduct and discusses the disjuncture and related considerations that might strengthen practical understandings of the implications of ethics in library and information professional practice. This paper cautions against conflating a data scientist’s ethical framework with those of the traditional librarian and supports the development of a more robust framework for library and information ethics and a more comprehensive and inclusive framework for thinking about and conceptualizing data ethics.

Accident at Vidyalaya School – an ethical dilemma

2019 ◽  
Vol 9 (2) ◽  
pp. 1-11
Author(s):  
Jayadeva Prasad Moleyar
Keyword(s):  
State Government ◽  
Ethical Dilemma ◽  
School Management ◽  
Specific Reference ◽  
Content Type ◽  
Academic Level ◽  
Course Of Action ◽  
The Government ◽  
Physically Challenged ◽  
Medical Bills

Learning outcomes This paper aims to sensitize learners to some of the ethical and public relation issues involved in decision-making with specific reference to the educational field. Case overview/synopsis This case brings out a dilemma faced by the school management of Vidyalaya School, Karnataka, India in responding to a notice issued by the State Government to pay a huge compensation and to re-absorb a teacher who was rendered physically challenged owing to an accident within the school premises. The case is set in the milieu of a self-financed, private education industry during the period 2013-2018. This is a case in “Strategy formulation” and “Ethical dilemma” involved in the field of education in India. A teacher was permanently injured and confined to a wheelchair in an attempt to rescue a child attempting to jump off the school building and end her life for having obtained low marks in a test paper. While the school management was initially sympathetic and paid her medical bills and full salary purely on humanitarian grounds, they discontinued this support-line after about two years. The teacher filed a complaint with the Disability Commission, a grievance redressal body of the Government of Karnataka, India. She demanded re-absorption into the job, payment of salary arrears and reimbursement of all the subsequent medical bills incurred abroad totaling Rs 15.5 million, which is unaffordable for a school of that size. The management is faced with a situation where they cannot accept such a huge financial liability as well as accept a wheelchair-bound teacher who would not be able to discharge her duties. The school was briefed by legal experts that there exists no law that specifies either compensation or re-absorption into the job in a situation like this. At the same time, to fight the case purely on legal grounds and deny her a decent livelihood would impact the image of the school as being inhuman to a lady who had actually tried to help the school in the name of humanity. The management is caught in a dilemma on the course of action they must take – to fight the case legally or to accept the demand on humanitarian grounds. Complexity academic level This paper is suitable for Undergraduate or Graduate students of Business Management. Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes. Subject code CSS 11: Strategy

Addressing bullying behaviour by patients and families

2019 ◽  
Vol 32 (4) ◽  
pp. 224-227
Author(s):  
Renate Ilse ◽  
David Neilipovitz
Keyword(s):  
Environmental Factors ◽  
Patient Experience ◽  
Ethical Dilemma ◽  
Well Being ◽  
Care Team ◽  
Decision Makers ◽  
Ethical Implications ◽  
Health Support ◽  
Substitute Decision Makers

This article explores the ethical dilemma of maintaining patient experience and care team well-being when faced with coercive behaviour, specifically bullying by patients, families and substitute decision-makers, which is directed toward providers and health support workers. We discuss some of the contributing societal and environmental factors, the ethical implications for health leaders, and suggest some practical options for managing bullying situations in hospitals.

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