An admission of dishonesty concerning the Certified Public Accountant (CPA) examination by Brent Mydland led to his dismissal from the public accounting firm by the name of Garcia and Weir (G&W). Mr. Mydland in any case should’ve been straightforward and honest from the very beginning of his career at Garcia and Weir. Supervisor Billy Hart did a tremendous job by looking out for the firm’s best interests and following his principles of perceived personal integrity as a professional.
As a matter of fact, Billy Hart is known to have cultivated great relationships with the auditing staff under his supervision that probably stems from his consistency in abiding by his principles of integrity. According to Rosty (2017) “People notice inconsistencies …show more content…
The stakeholders are Garcia and Weir’s staff, SYF corporation, SYF employees, unnamed client, Billy Hart, Steve Vincent, SYF’s stock holders and the rest of the firm’s partners. Brent’s actions and integrity left all the addressed stakeholders at risk for a substantial financial loss. This is the reason I wholeheartedly agree with the final actions of the firm managing their situation.
Ultimately, Hart could’ve elected a different approach in dealing with Mydland’s deceitfulness. Billy had the opportunity to ignore the whole dilemma and continue with his work as a supervisor. Although the alternative course of action is dangerous because Billy was being molded to be a leader in fraud investigations, which requires more responsibility from an individual due to the sheer consequences of each engagement. The path of ignorance has the potential of coming back and haunting Hart later in his …show more content…
1). It is now extremely common to witness candidates and staff members being educated and evaluated firmly on business ethics. One of the most common methods for employers to utilize, which I have personally encountered, are the distributed self-assessment questionnaires and simulations of workplace ethics cases. Be that as it may, according to Tony Smith (2014) “Integrity has to do with a state of being, specifically, a state of being whole and complete” (para. 10). This statement implies that if a person acknowledges their mistakes there may be an opportunity for rebuilding their integrity (Smith,
As a matter of fact, Billy Hart is known to have cultivated great relationships with the auditing staff under his supervision that probably stems from his consistency in abiding by his principles of integrity. According to Rosty (2017) “People notice inconsistencies …show more content…
The stakeholders are Garcia and Weir’s staff, SYF corporation, SYF employees, unnamed client, Billy Hart, Steve Vincent, SYF’s stock holders and the rest of the firm’s partners. Brent’s actions and integrity left all the addressed stakeholders at risk for a substantial financial loss. This is the reason I wholeheartedly agree with the final actions of the firm managing their situation.
Ultimately, Hart could’ve elected a different approach in dealing with Mydland’s deceitfulness. Billy had the opportunity to ignore the whole dilemma and continue with his work as a supervisor. Although the alternative course of action is dangerous because Billy was being molded to be a leader in fraud investigations, which requires more responsibility from an individual due to the sheer consequences of each engagement. The path of ignorance has the potential of coming back and haunting Hart later in his …show more content…
1). It is now extremely common to witness candidates and staff members being educated and evaluated firmly on business ethics. One of the most common methods for employers to utilize, which I have personally encountered, are the distributed self-assessment questionnaires and simulations of workplace ethics cases. Be that as it may, according to Tony Smith (2014) “Integrity has to do with a state of being, specifically, a state of being whole and complete” (para. 10). This statement implies that if a person acknowledges their mistakes there may be an opportunity for rebuilding their integrity (Smith,