- Qualifi Level 4 T/505/9498 Academic Study Skills Assignment: A Reflective and Evidence-Based Approach
- BTEC Level 3 Unit 3 Business in Social Media Assignment: Strategies to Engage Customers & Promote Products
- Understanding Criminology E-Portfolio Assignment: Annotated Bibliography & Employment Reflection
- 7IR007 Research Proposal and Annotated Bibliography Assignments
- COM4015 Pet Shop Relational Database Design & Implementation Assignment Report – Inventory, Sales & Events System
- PMP(Project Management Plan) Assignment: Managing Fitzwilliam Park Project with Scope, Cost & Schedule Insights
- GA31 Research Methodology and Quantitative Methods Assignment: A Research Plan on Corporate Social Responsibility
- Understanding Dementia Care Assignment Questions: Causes, Diagnosis, Treatment & Family Support
- D/618/7406 Unit 5: Challenges of IT Security in Modern Organizations – Risks, Solutions & Best Practices
- HSC Level 2/3 Unit 012 Assignment: Care Worker Responsibilities and Ways of Working
- CIPD Level 5HR03 Assignment: Understanding Reward Approaches and Their Impact on Performance and Contribution
- CIPD level 5HR02 Assignment: Talent Management and Workforce Planning Unit Guide
- Level 3 D/615/3823 Assignment: Regulation, Protection, and Collaborative Practice in Health and Social Care
- PGM216D Assignment: Bicycle Store Sales Management Application
- MATH6033 Assignment: Epidemiological Investigation of Cardiovascular Health and Tea Consumption Risks
- EH6147 Assingment: Stakeholder Analysis for Quality Improvement in Hand Hygiene Compliance
- Assignment: Investigation of Solution Concentration Through Standard Preparation, Titration, and Colorimetry Techniques
- MATH6033 Assignment: Cardiovascular Risk and Tea Drinking: Epidemiological Analyses
- CIPD level 3 3CO03 Assignment: Core behaviours for people professionals
- DAC4B1: Personal development in adult care settings
FIN6004 What if a loyal accountant was asked to fudge some figures on behalf of their company, all while straining under a new mortgage?: Ethics Assignment, AU, UK
| University | Arden University (AU) |
| Subject | FIN6004 Ethics Assignment |
Assignment Task
What if a loyal accountant was asked to fudge some figures on behalf of their company, all while straining under a new mortgage?
Imagine that you are the Chief Financial Officer of a medium to large company. It is April and the Chief Executive Officer has just returned from a meeting with the company’s bankers. She calls you to her office to discuss the results of the negotiations. As things stand, the company requires a fairly significant injection of capital which will be used to modernise plant and equipment. The company has been promised new orders if it can produce goods to an international standard.
Do You Need Assignment of This Question
Existing machinery is incapable of manufacturing the required level of quality. Whilst the bank is sympathetic, current lending policies require borrowers to demonstrate an adequate current and projected cash flow, as well as a level of profitability sufficient to indicate a capacity to make repayments from an early date. The problem is that, largely because of some industrial problems, the business has not been performing at a level which realises even its ‘unimproved’ potential. Strictly speaking, the figures would not satisfy the bank’s criteria.
The CEO reminds you of all of this and then mentions that she has told the bank that the company is in excellent shape, that she believes that its financial results will meet the criteria and that she will ask the Chief Financial Officer (CFO) to deliver a financial report to the bank at the beginning of the next week. She tells you that it is up to you to decide upon the contents of that report.
Two final pieces of information; the CFO has recently purchased a home – leveraged with a significant mortgage. Failure to invest and gain the promised new orders is almost certain to lead to major retrenchments of personnel.
Buy Answer of This Assessment & Raise Your Grades
Empower your academic journey with our specialized services – Online Assignment Helper and the renowned Best Essay Writing Service in the UK. Tailored for students at Arden University (AU), our expert assistance extends to Ethics Assignment, focusing on the ethical dilemma presented in FIN6004.
Explore scenarios where a loyal accountant faces the moral challenge of being asked to manipulate figures for their company while grappling with the strain of a new mortgage. UK students can navigate such ethical complexities by paying for the guidance of our experts. Ensure academic success, simplify complex ethical dilemmas, and progress confidently with our dedicated support.
Answer
