Please answer question base on the your own opinion and experience.

The situation: Assume that you are the newly hired Controller in Company (which is a publicly traded corporation). Discuss a memo to the appropriate person in company with detailing below:

• The ethical issue(s) in the above situation?
• Your responsibilities as a management accountant using the Statement of Ethical Professional Practice?
• Analyze if the situation is different because your Company is a publicly traded corporation versus being owned by one individual?
• Which stakeholders will be harmed by the slack proposed in the master budget and how?
• Discuss how the goals of budgeting (as given in the text book) are being violated?
• What steps do you plan to take in this specific situation with the Master Budget prepared by you?
• Discuss the actions requested of the recipient of this memo?

Reference: https://www.imanet.org/-/media/b6fbeeb74d964e6c9fe654c48456e61f.ashx