Question
Task 1: Case Analysis Using the course material and readings as a reference, write a case analysis for Case 1.6 Capitalization versus Expensing which may
Task 1: Case Analysis Using the course material and readings as a reference, write a case analysis for Case 1.6 Capitalization versus Expensing which may be found on pp 55 of the text. In your analysis, be sure to use ethical reasoning in accounting. You may find it helpful to review the Ethical Reasoning Methods and the Institute of Management Accountants Statement of Ethical Professional Practice in Chapter 1 and lesson 2. 1. Assume both Hernandez and Harrison hold the CPA and CMA designations. What are the loyalty obligations of Gloria Hernandez and John Harrison? 2. Assume you were in Gloria Hernandezs position in this public company. What would motivate you to speak up and act or to stay silent? 3. What would you do and why? Task 2: Case Analysis 1. Provide an analysis of ethical reasoning methods based on the following. First, consider the ethical standards of the Institute of Management Accountants Statement of Ethical Professional Practice and evaluate potential actions for Gloria Hernandez. Then, use the Ethical Reasoning Methods with reference to the obligations of an accountant to analyze what you think Gloria Hernandez should do.
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