Reference no: EM13823404

Is involved in a situation with the controller. Assume that your organization is facing a similar situation and your supervisor has asked for your help in resolving it. You have been asked to present your recommendations at the next meeting with your supervisor. Prepare a PowerPoint presentation in which you first explain how this situation impacts business activities. Be sure to detail any effects on costs. Conclude the presentation with your recommendations and justify your ideas with specific examples.

Incorporate appropriate animations, transitions, and graphics as well as “speaker notes” for each slide. The speaker notes may be comprised of brief paragraphs or bulleted lists.

Support your presentation with at least one (1) scholarly resource. In addition to these specified resources, other appropriate scholarly resources may be included.

Length: 8-10 slides (with a separate reference slide)

Notes Length: 50-100 words for each slide

Be sure to include citations for quotations and paraphrases with references in APA format and style where appropriate. Save the file as PPT with the correct course code information.

     Case Study:

Ethics and professional conduct in business

The director of marketing for Starr Computer Co., Sandi Keller, had the following discussion with the company controller, Tyler Johnson, on July 26 of the current year:

Sandi: Tyler, it looks like I’m going to spend much less than indicated on my July budget.

Tyler: I’m glad to hear it.

Sandi: Well, I’m not so sure it’s good news. I’m concerned that the president will see that I’m under budget and reduce my budget in the future. The only reason that I look good is that we’ve delayed an advertising campaign.

Once the campaign hits in September, I’m sure my actual expenditures will go up. You see, we are also having our sales convention in September. Having the advertising campaign and the convention at the same time is going to kill my September numbers.

Tyler: I don’t think that’s anything to worry about. We all expect some variation in actual spending month to month.

What’s really important is staying within the budgeted targets for the year. Does that look as if it’s going to be a problem?

Sandi: I don’t think so, but just the same, I’d like to be on the safe side.

Tyler: What do you mean?

Sandi: Well, this is what I’d like to do. I want to pay the convention-related costs in advance this month. I’ll pay the hotel for room and convention space and purchase the airline tickets in advance. In this way, I can charge all these expenditures to July’s budget. This would cause my actual expenses to come close to budget for July. Moreover, when the big advertising campaign hits in September, I won’t have to worry about expenditures for the convention on my September budget as well. The convention costs will already be paid. Thus, my September expenses should be pretty close to budget.

Tyler: I can’t tell you when to make your convention purchases, but I’m not too sure that it should be expensed on July’s budget.

Sandi: What’s the problem? It looks like “no harm, no foul” to me. I can’t see that there’s anything wrong with this—

it’s just smart management.

How should Tyler Johnson respond to Sandi Keller’s request to expense the advanced payments for convention-related costs against July’s budget?