Question
You are the assistant controller at Eldora Contract Management Services (ECMS), which provides administrative support to private clients and Federal government agencies. Recently, you determined
You are the assistant controller at Eldora Contract Management Services (ECMS), which provides administrative support to private clients and Federal government agencies. Recently, you determined that ECMS is including direct costs of projects for private clients in overhead costs, some of which are charged to the government. You also discovered that several managers appeared to be involved in altering accounting invoices. However, you were unable to determine if your supervisors, i.e., the controller of private clients and the controller of government agencies, were involved. After reflecting on the Statement of Ethical Professional Practice of the Institute of Management Accountants (you can download it here), you decided to report the matter to and meet with either (1) the controllers, (2) two forensic journalists at a local newspaper, (3) ECMS Chief Ethics and Compliance Officer, or (4) two independent members of the board of directors that you know personally. At the meeting, you must address what you found out and what you ask from the two people you are meeting with.
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