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Please share with your own experience. The situation is you are the newly hired Controller in Company A which isa publicly traded corporation. Discuss a

Please share with your own experience.

The situation is you are the newly hired Controller in Company A which isa publicly traded corporation. Discuss a memo to the appropriate person incompany A detailing:

  • The ethical issue(s) in the above situation.
  • Your responsibilities as a management accountant using the Statement of Ethical Professional Practice which you know
  • Analyze if the situation is different because Company A 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.

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