You have worked as a staff auditor for two and one-half years and have mastered your...

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Accounting

You have worked as a staff auditor for two and one-half yearsand have mastered your job. You will likely be promoted to a seniorposition after this busy season. Your current senior was promotedabout a year ago. He appreciates your competence and rarelyinterferes with you. As long as he can report good performance tohis manager on things she wants, he is satisfied. The manager hasbeen in her position for three years. She is focused on making sureaudits run smoothly and is good at this. She is not as strong onthe softer skills. Although she is approachable, her attention spancan be short if what you are saying does not interest her. You areaware that she expects her teams to perform excellently during thisbusy season and she hopes to be promoted to senior manager as aresult, bringing her closer to her goal of making partnerearly.

1. Determine the main potential ethical dilemmas. Next, use theseven (7) steps in the ethical decision-making framework torecommend one (1) course of action you would take in order to avoidthe ethical dilemmas. Provide a rationale to support yourrecommendation.

2. based on your recommendation in Part I, suggest one (1)strategy that would support you making the right decision withoutundermining the manager’s confidence in your problem-solvingability in a difficult situation. Provide a rationale to supportyour response.

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3.6 Ratings (657 Votes)
1 Following are the main potential ethical dilemmas to deal with 1 With the current workload working thoroughly on the additional analysis of clients account will further endanger the time budget allotted which has been same as last year 2The more time is spent on the engagement the less profitable it will be for the audit firm which will displease the manager and her superiors 3 When the senior is approached he suggests two alternatives Either    See Answer
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