Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Fremantle Fisheries (FF) operates a fleet of fishing boat out of three ports in Western Australia Fremantle, Bunbury and Geraldton. Each port has its own

Fremantle Fisheries (FF) operates a fleet of fishing boat out of three ports in Western Australia Fremantle, Bunbury and Geraldton. Each port has its own fishing fleet and all seafood caught is sold through the Fish Marketing Board, a board established by the state government. The accounting procedures for all sales to the Board are centralized and handled by a computerized accounting system at FFs head office in Perth. The majority of the companys employees work on the fishing boats, and are paid bonuses from head office, depending on the volume, type and quality of seafood caught. This means that head office must be able to identify the source of each shipment sent to the Board. John Dorey, who was originally based in Geraldton and handled the accounting procedures at Geraldton before computerization, is now based in Perth as manager of the computerized accounting system. His father and two sisters are still based in Geraldton and work for the company on the fishing boats, as do many friends of the family. Shipping documents are sent to the Perth head office from all three ports, and the sources of the shipment is clearly marked in the top right-head corner of the documents. Occasionally, however, details of the source are missing, and it is not easy to trace the source quickly. Dorey, in his capacity as manager of the system, is keen to keep the system fully operational and up to date, and has instructed the keyboard operator to insert any one of three Geraldton source codes, namely those of his father and two sisters, whenever the source code is missing from the shipping document. The keyboard operator knows that the codes given are those belonging to his bosss family, but nevertheless complies with the request for fear that non-compliance may lead to his own dismissal. Required A, who are the stakeholders in this situation? B, what are the ethical issues involved here as a result of Doreys request and the action taken by the keyboard operator? C. if you were the keyboard operator, what action (if any) would you take to prevent this situation occurring? Why?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Principles Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

9th Canadian Edition

978-1119786818, 1119786819

More Books

Students also viewed these Accounting questions

Question

What is the cause of this situation?

Answered: 1 week ago

Question

What is the significance or importance of the situation?

Answered: 1 week ago