Discuss ONE (1) of the following ethical dilemmas using the ethical decision-making framework (model) given below or another model that you know

1. You work as an accountant in a small manufacturing firm and the Chief Executive Officer has asked you not to impair goodwill this year despite indications that it is carried at an amount above its recoverable amount. What should you do?

OR

2. Im working on a project that will make a lot of people in our business redundant. Soon we will prepare the list of people affected and I know my friends will be included. I feel terrible and am not sure I can keep working on it. What can I do?

(Maximum word limit 1250 words)

(20 marks)

An ethical decision making framework using Utilitarian and Rights Theories

• Identify the ethical issue(s).
• Determine the affected parties and identify their rights.
• Determine the most important rights.
• Develop alternative courses of action.
• Determine the likely consequences of each proposed course of action.
• Assess possible consequences including an estimation of the greatest good for the greatest number.
• Determine whether the rights framework would cause any action to be eliminated.
• Decide on an appropriate course of action.