Managerial Accounting Ethics The Institute of Managerial Accountants’ Statement

Managerial Accounting Ethics
The Institute of Managerial Accountants’ Statement of Ethical Professional Practice is based on key principles of honesty, fairness, objectivity, and responsibility. Ethical behavior is essential to establishing trust. Accounting professionals such as Certified Public Accountants and Certified Management Accountants are trusted advisors in any business, and are required to enroll in continuing professional education courses in ethics.
Volkswagen Emissions Scandal
In each of the three tabs below, you will explore the role corporate culture has on ethical behavior, study the Volkswagen emissions scandal, and select a prompt to which you will provide a written response.
Your Written Response
After reviewing the videos and articles linked in the Engage and Explore tabs, you will select one of the 3 prompts on the Explain tab. Proper spelling, grammar, and punctuation are important to clear communication. Your response will include a minimum of 3 references to relevant, appropriate sections of Chapters 12 through 14 to support your position. You will find a scoring rubric under the three vertical dots in the upper right section of the screen.
Your Assignment
Select one of the following prompts. Answer the prompt you select using a minimum of three relevant references to the material in Chapters 12 to 14 of the textbook. Your response must be no more than 250 words. Canvas will not stop you at 250 words, so it’s important that you keep track of your word count.There is no need to copy the prompt you selected to answer in your response. You will find a rubric showing you how I will score your paper under the three vertical dots in the upper right-hand corner.
Prompts:
Select ONE of the following prompts for your response.
What factors led Volkswagen’s managers to make the decision to try to cheat environmental tests via a “defeat device?”
It has been suggested that engineers and managers often focus their attention on solving problems (such as how to build a defeat device and not get caught, or how to achieve profitability goals), and do not pay attention to the ethical particulars of a situation. Do you think that was the case here? Do you think that it is the case generally? Why or why not?
At a minimum, hundreds of Volkswagen employees knew of the defeat devices. Why did none of them come forward to report the illegal device? What was wrong with the company’s culture that no employee felt safe to blow the whistle? How can a company create a culture that would encourage employees to step forward to stop wrongdoing?
Please use link to video

Leave a Reply

Your email address will not be published.

Previous post Choose one of the following strategies for reducing the costs associated with re
Next post Think about the last 18 months. The pandemic has forever changed the way we live