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13 Dec 2019

Discuss the differences, if any, in the way you would conduct a final interview with a 10-year corporate controller accused of embezzling funds and a new cashier accused of stealing cash. Include a comparison of 3 questions you would ask each of the suspects during this phase of the interview process. Include in your discussion the differences or similarities in the questions you selected and explain why you would ask those particular questions to those particular individuals.

ANSWER SHOULD BE DIFFERENT FROM https://www.chegg.com/homework-help/questions-and-answers/discuss-differences-way-would-conduct-final-interview-10-year-corporate-controller-accused-q31328883

i am obviously looking for something different than what has already been posted. I need more information

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1. Identify the ethical issue within the scenario.

You will identify the ethical issue presented in the scenario.Explain in detail why the ethical issue exists and rules thatgovern the handling of the situation. You must use at least twocredible outside source that supports your assertion regarding theethical dilemma.

2. Answer each of the following questions:  Who will potentiallybe harmed?  Who will potentially benefit?  What (ifany) rights or claims will be violated?

In this section of your answer, you need to address thestakeholders involved in the situation. Then, you need to providean explanation of how those stakeholders will be affected. When youdiscuss who might be harmed by the situation, fully explain howthey will be harmed. When you discuss who will potentially benefit,also share in detail how they will benefit. When you discuss theviolation of rights and/or claims, give details about those rightsand/or claims and why the ethical issue will impact those rightsand/or claims.

3. Discuss your responsibility and obligations as an accountingprofessional.

In the concluding paragraph, discuss how the matter should behandled based on your responsibilities and obligations, as well asyour ethical convictions. Describe in detail why you would chooseto deal with the ethical issue in this manner, from the standpointof responsibility as an accounting professional and from an ethicalstandpoint.


For each scenario, you will create a document that answers each ofthe three requirements presented. You should format your documentusing Times New Roman 12 point font with 1” margins on all sides.Please double space your document. You must use correct APAformatting for all citations and include a separate Works Citedpage for each of the ethical scenarios. Any form of plagiarism withresult in a 0 for the entire Capstone Project and you will receivean F as your final grade in the course.

I would suggest separating each of the three requirements into 3different paragraphs. The key to doing well on this section isproviding detail. While you are only required to provide one pageof written material by the assignment instructions, please notethat you will be graded on content and fully answering (in detail)the three numbered requirements.


Scenario #1:

You are employed as an auditor at a CPA firm. One of your clientsis Camp Enterprises, a company who has become quite successful overthe past 4 years. Increases in earnings have averaged around 15%each year. The corporation is planning on a public offering ofstock in January 2016, which in turn would cause a sizeableincrease in fees for your employer. Furthermore, the additionalfinancing would fund an expansion that would bring new jobs for thecommunity, which would help to stimulate the local economy, andallow the company to diversify their products.

On October 31, 2015, as you are working on the audit for the fiscalyear ending June 30, 2015, an issue comes to your attention thatcould potentially have an effect on the significant increase inearnings for the fiscal year. A very large orderwas slated to be shipped FOB Shipping Point to Coral Creations onJuly
14, 2015. The order was completed and stored in the warehouse butwas not segregated. Management included the selling price andrelated expenses in the net income for the fiscal year ending June30, 2015. If the issue is handled in a way thatdecreases net income, Camp Enterprises’ net income will be lowerthan the amount reported last year.


Scenario #2:

It is July 3, 2015, and you have just been hired on as a staffaccountant at Pace Corporation. You have been tasked on creatingthe financial statements for the 2nd quarter of the fiscal year,and as you create the balance sheet, you notice an account calledMiscellaneous Equipment in the amount of $395,000. This is arelatively large account balance compared to the other fixed assetaccounts, and you are a bit unsure how to classify the account forreporting purposes, since you haven’t even found a depreciationschedule for the account.

In order to get more information, you go to the Controller, ScottSmith, and ask about the account. He replies, “That account needsto be included under Property, Plant & Equipment. Because ourbusiness is cyclical, and we always show higher profits in thethird and fourth quarters of the year, we put all of our equipmentrepair expenses in that account and then expense them off when wehave more revenue to offset it in the last two quarters of theyear. This keeps us from having to show losses in the first andsecond quarters of the year, and makes all of our quarterly reportslook good. It really doesn’t matter because our yearly totals areall the same regardless of how we report repair expenses in each ofthe quarters. We’ve done it this way for years, and that is how Iwant you to report it.”

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