Questions from Business Ethics

Q: Mergers and acquisitions (M&A) are strategies that help

Mergers and acquisitions (M&A) are strategies that help companies to grow in size rapidly. However, some incredibly questionable M&A decisions were reported in the mining industry in 2012 and 2013, in...

Q: Parmalat Finanziaria S.p.A. and its subsidiaries manufacture

Parmalat Finanziaria S.p.A. and its subsidiaries manufacture food and drinks world- wide. Parmalat is one of the leading firms in the long-life milk, yogurt, and juices market. The company became the...

Q: Numerous firms, including computer and communication companies, sell products that

Numerous firms, including computer and communication companies, sell products that have multiple deliverables. For example, a telephone company may sell a customer a phone and a two-year unlimited lon...

Q: On February 11, 2010, the leaders of the European Union

On February 11, 2010, the leaders of the European Union (EU) agreed on a plan to bail out Greece, a country that had joined the EU in 1981 and was admitted to the European Monetary Union (EMU), allowi...

Q: Following the pattern of many other countries, Canada converted from domestic

Following the pattern of many other countries, Canada converted from domestic generally accepted accounting principles to International Financial Reporting Standards (IFRS). The changeover occurred on...

Q: Arthur sat back in his chair and looked at the other accountants

Arthur sat back in his chair and looked at the other accountants who were working on their laptops. How had he gotten himself into this situation? It began last year when he was hired by Castor Gotlie...

Q: Anne Distagne was the CEO of Linkage Construction Inc., which served

Anne Distagne was the CEO of Linkage Construction Inc., which served as the general contractor for the construction of the air ducts for large shopping malls and other buildings. She prided herself on...

Q: Jane1 Ashley was a staff accountant at Viccio & Martin, an

Jane1 Ashley was a staff accountant at Viccio & Martin, an accounting firm located in Windsor, Ontario. Jane had been a co-op student while in college, and during her first work term with the firm, sh...

Q: “John, I have questions about that job you want me

“John, I have questions about that job you want me to do next week—the one where I am supposed to go and be part of that multidisciplinary team to study how the hospitals in Denver ought to be restruc...

Q: Ted was the manager and Carl the partner on the audit of

Ted was the manager and Carl the partner on the audit of Smart Investments Limited, an investment company whose shares were traded on the NASDAQ exchange. They were discussing the issues to be debated...