Describe the case briefly and the essential accounting issues at stake

Case study: Ethical Choices at Choice House 

Read the Case Study: Ethical Choices at Choice House.

1. Describe the case briefly and the essential accounting issues at stake at Choice      House.
2. Using      the COSO Internal Control—Integrated Framework Executive Summary, describe      the internal control weaknesses. Provide your recommendation for how to      tighten up the controls for Choice House based on the COSO summary.
3. Provide      your recommendations for Ashley to move forward with this difficult      situation. Apply any relevant ethical theories in your recommendation.

Requirements:

• Your      written paper should be full 5 pages in length not counting the title and      reference pages, which you must include.
• Use      terms, evidence, and concepts from class readings.
• You      need to cite at least three sources for this assignment, outside of the      textbook. 
• Your      paper must be formatted according to APA format.
• Reference: Weller, P. M., Poulson, L.      L., & Nienhaus, B. J. (2017) Ethical choices at Choice House. IMA      Educational Case Journal, 10(3), 1-4.

Chapters 9, 10, & 11 in Ethics in Accounting: A Decision-Making Approach

Guénin-Paracini, H., Malsch, B., & Tremblay, M. (2015). On the operational reality of auditors' independence: Lessons from the field. Auditing: A Journal of Practice & Theory, 34(2), 201-236.

Kaya, H. D., & Banerjee, G. (2015). The short-term and long-term impacts of Sarbanes-Oxley Act on independence and compensation of corporate board of directors. Journal of Global Business Issues, 9(1), 1-9.

Roy, M. N., & Saha, S. S. (2016). Relationship of statutory auditors' competence and independence with audit quality. Vilakshan: The XIMB Journal of Management, 13(1), 61-80.

P?unescu, M. (2015). The quality of independent auditors reports - is it room for improvement? Audit Financiar, 13(130), 61-68.

Spillane, D. K. (2015). PCAOB and SEC referrals to the office of professional discipline. CPA Journal, 85(5), 48-53.

Ethicsboard.org (2005). Revised code of ethics – completed. Retrieved from https://www.ethicsboard.org/projects/revised-code-ethics-completed

Klein, G. (2016). Ethics in accounting: A decision-making approach. Hoboken, NJ: John Wiley & Sons, Inc.