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You are an accountant in the budgetary, projections, and special projects department of Fentick Conductor, Inc., a large manufacturing company. The president, Carlos Jones, asks
You are an accountant in the budgetary, projections, and special projects department of Fentick Conductor, Inc., a large manufacturing company. The president, Carlos Jones, asks you on very short notice to prepare some sales and income projections covering the next years of the companys much heralded new product lines. He wants these projections for a series of speeches he is making while on a week trip to eight West Coast brokerage firms. The president hopes to bolster Fenticks stock sales and price.
You work hours in days to compile the projections, handdeliver them to the president, and are swiftly but graciously thanked as he departs. A week later, you find time to go over some of your computations and discover a miscalculation that makes projections grossly overstated. You quickly inquire about the presidents itinerary and learn that he has made half of his speeches and has half yet to make. You are in a quandary about what to doRespond thoroughly to address the following questions in your reflective essay:
What are the consequences of telling the president of your gross miscalculations?
What are the consequences of not telling the president of your gross miscalculations?
What are the ethical considerations for you and the president in this situation?
Which code of conduct principle would you act on from the professional codes of conduct guiding ethical behavior in this field? Provide the organization's name, and the code of conduct which pertains to why you act, and then provide the url for your source.
Based on your chosen code of conduct principles what would you do stepbystep to act in accordance with your chosen principle to address this situation?
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