Devry ACCT601 week 3 assignment

You need to draft a summary of how you will handle the situation. Specific questions that should be addressed are:

• Do you feel that there might be an ethical issue present? For the moment, assume that no laws have been broken and just focus on any possible ethical issues.
• If you were going to report a suspected ethical issue, how would you do so? For instance, to whom would you report? Would you discuss the matter with anyone first?
• Would the manner in which you respond vary depending on whether this corporation was privately held or publicly traded?
• Does the fact that you have only been recently hired play into your decisions?
• What possible sources of guidance might be available from a professional organization and/or your state’s regulatory body overseeing the accounting profession?
• Lastly, please assume that you suspect that some state or federal laws have been broken. The problems might be beyond just a possible ethical issue, in other words. Would this change your handling of the situation?

After reading through the You Decide activity and considering the questions listed here, please prepare a paper in APA format. The paper should include responses to the specific questions posed above, but you may include other points if you so desire. The paper should be double-spaced, 11-point or 12-point type, and between 750 and 1,000 words (three to four pages).