Reference no: EM132328879

Assignment: Respond to the following in a minimum of 175 words:

This second week we build our understanding of ethical accounting by examining specific cases and effects that demonstrate the importance of fostering an ethical "culture" in a company and its various functions. strategic decision-making. In light of the accounting and budgeting systems we studied last week, consider how the costs involved in business performance and decision-making (Chapters 2 through 5 in our text) are tabulated,

• Discuss the importance of an ethical culture within a company, and how it informs good decisions.

• How would you establish strong integrity and an ethical culture in the accounting function of a company?

• What would the processes, policies, and functions of that department look like?

• How would its integrity be ensured.

• What controls would be necessary or essential?

• Were one to encounter management resistance to complete transparency where ethically required, what steps should be taken?

Case: Franklin Industries' Whistleblowing (a GVV Case)

Assume you are in Natalie's position. Answer the following questions.

1. What is your most powerful and persuasive response to the reasons and rationalizations you need to address? To whom should the argument be made? When and in what context?

2. What is confidential information?

3. Why is this information protected from disclosure and when should an accountant disclose confidential information to a third party?

Information related to above question is enclosed below:

Attachment:- Case.rar