Identify the relevant stakeholders and state how they are

Reference no: EM133472296

Topic: The Ethical Dilemma at Cool chips Inc.

Using either the Statement of Ethical Professional Practice issued by the Institute of Management Accountants' (IMA, 2017) or The Code of Ethics for Professional Accountants published by CIMA (2017), to produce a written memorandum that addresses the following issues:

Question 1• Determine whether there is an ethical dilemma for Nick in this scenario.

Question 2• Identify the relevant stakeholders and state how they are impacted by the issue.

Question 3• Within your answer apply the Code's fundamental principles/standards (i.e. integrity, objectivity, competence and confidentiality) to the case scenario and explain whether each is relevant for determining Nick's ethical position.

Question 4• Briefly discuss the range of solutions that Nickcould use to resolve the situation according to the ethical conflict resolution guidance provided in IMA and/or CIMA and explain the most appropriate course she should adopt.

Reference no: EM133472296

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