Budgetary, Projections, And Special Projects Department Of Ferretti Conductor

Budgetary, Projections, And Special Projects Department Of Ferretti Conductor

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Instructions:

Budgetary, Projections, And Special Projects Department Of Ferretti Conductor

In Part 1 Assignment you will access and submit the Lab Assignment through WileyPlus.

In Part 2 you will complete an essay in a Word document and submit it to the Assignment Dropbox.

Complete the following exercises in Wiley Plus:

Part 1: Lab Assignment: Exercises in Wiley Plus

• Exercise 23-3
• Exercise 23-8
• Exercise 23-14

Your homework is to be completed in “Wiley Plus.” You access the homework platform through the Wiley Plus Assignments tab under “Course Home.” You will have a limited number of attempts to complete each problem and will be provided immediate feedback each time you click on “Submit” and your work is graded. Then continue to the essay in Part 2 which is submitted through the Dropbox.

Part 2: Essay: Write a 2-page reflective essay (not counting your title and references pages) in which you discuss your response to the following ethics case. The essay should address the questions listed below, utilize appropriate ethics resources, and follow APA format and citation style.

Title your paper Section #_Unit 6 Assignment _Part 2. Then submit it to the Unit 6 Assignment: Part 2 Ethics Case Dropbox. Access the details of this Assignment in the Document located below.

Ethics Case:

You are an accountant in the budgetary, projections, and special projects department of Fernetti Conductor, Inc., a large manufacturing company. The president, Richard Brown, asks you on very short notice to prepare some sales and income projections covering the next 2 years of the company’s much heralded new product lines. He wants these projections for a series of speeches he is making while on a 2-week trip to eight East Cost brokerage firms. The president hopes to bolster Fernetti’s stock sales and price.

You work 23 hours in 2 days to compile the projections, hand-deliver 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 president’s itinerary and learn that he has made half of his speeches and has half yet to make. You are in a quandary as to what to do. (Weygandt, et al., 2015, p.1050)

Reference

Weygandt, J. J., Kimmel, P. D., & Kieso, D. E. (2015). Accounting principles (12th ed.). Hoboken, NJ: John Wiley & Sons, Inc.

Use the ethics resources for accounting here. Make sure to cite at least one source from those provided and reference them (in your separate reference page) following APA guidelines.

Respond thoroughly to the following questions in your reflective essay:

1. What are the consequences of telling the president of your gross miscalculations?
2. What are the consequences of not telling the president of your gross miscalculations?
3. What are the ethical considerations for you and the president in this situation?
4. Which Code of Conduct principle would you act on from the professional codes of conduct guiding ethical behavior in this field? Provide the name of the organization, and the code of conduct which pertains to why you act, and then provide the url for your source.
5. Based on your chosen code of conduct principle(s), what would you do (step by step) in order to act in accordance with your chosen principle to address this situation?

Critical Elements:

• Write your original response in a 2-page paper using Standard American English, paying special attention to grammar, style, and mechanics.
• Respond to the questions in a thorough manner in your essay.
• Ensure that your viewpoint and purpose are clearly stated.
• Demonstrate logical and appropriate transitions from one idea to another.
• Your paper should be highly organized, logical, focused, following citation APA format and citation style.
• Your 2-page essay should include an additional title page and a reference page.

RUBRIC
Excellent Quality 95-100%	Introduction 45-41 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.		Literature Support 91-84  points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.			Methodology 58-53 points Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score 50-85%	40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.		83-76  points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.			52-49  points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality 0-45%	37-1 points The background and/or significance are missing. No search history information is provided.		75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.			48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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