Premium Essay

Acc 260 Week 6 Presentation of the Ceos Position

In: Business and Management

Submitted By BlackKing
Words 392
Pages 2
http://homeworklance.com/downloads/acc-260-week-6-presentation-of-the-ceos-position/
ACC 260 Week 6 Presentation of the CEOs Position

As the CEO of Kardell I must examine each of the views of the stakeholders and form a course of action concerning the sonox issue. This course of action in which I choose will be solely based on facts and should be in the best interest of the company not on personal feelings of the concerned parties. The proposed plan would involve shutting the plant down for approximately a year and then only partially running for the next year in order to make the necessary upgrades to keep the contamination from happening. The first group’s concerns I will examine will be the investors. Their primary concern is the rate of return they get on their investment. They have come up with an alternative plan to keep from shutting down the plant for the two years. Their argument is that there is no evidence that the Sonox chemical have a negative impact on the environment or the health of the people in the community and because of these facts, the plant should not close for any period of time and loose profits. The next group is the citizens of Riverside. The citizen’s primary concern is the health of the people in their community and the affects of the environment of the contamination of the Sonox chemical that might be going into their water supply. They understand that if the plant must be closed for a period it would hurt their economy in the community but they are only concerned about the health of people, animals and the environment now and in the future. The citizens are adamant that action must be taken immediately. As for the concern of the legal counsel, they are concerned that lawsuits may come now and in the future from the possible contamination of the Sonox harming people or the environment. The employees are concerned with the…...

Similar Documents

Free Essay

Week 1 Acc/260

...Week 1 Checkpoint: Chapter 1 page 25 Questions 13 &14 13. Is a professional accountant a businessperson pursuing profit or a fiduciary that is to act in the public interest? This can be a double edged sword. Of course someone chooses to go into a certain field for financial gain. We all have to make a living but in order to be an Accountant there has to be some kind of pleasure in helping others with their financial futures. An accountant’s main goal is to act in the public interest. An accountant is there to help clients and to make sure things are on the up and up. It is the primary duty to act on behalf of the people not their own financial gain in this career choice.  Ethically accountants fall into the same categories as lawyers, teachers and government officials.   14. Why is it important for a professional accountant to understand the ethical trends discussed in this chapter? Accountants have to continuously be aware of all new laws, methods and any new ethical standards there are. It is an accountant’s duty to make sure they are aware of any new social ethical boundaries that are being crossed and how to avoid or handle these situations as they arise. Accountants are the ones that are the governing wall to keep ourselves and our client free of wrong doing whether directly or indirectly.  All accountants should be educated with the new tax laws and to make sure that they are acting within the parameters given. Ethics is the most important thing in......

Words: 285 - Pages: 2

Free Essay

Acc 260 Week 8 Assignment

...As CEO, I have heard and understand all the concerns from each stakeholder of the company. For the employees, I understand the concern you have of the sonox being possibly leaked into the water supply, but there is no evidence that this is coming from just us, as we are in proper government regulation guidelines for emissions. There are other factory’s around the area that produce this chemical as well so further research needs to be done in order to provide a link between the two. If the link does connect the company to the sonox issue then proper action will be done. I know that the shutdown of the company would definitely hurt you, the employees, financially so I appreciate your support in keeping the factory open until a link has been found. As for the investors, I know you are concerned about the pollution as well but I assure you that all proper regulations are in place and there is no definite link between the sonox and the factory. You have a lot of money put into this business since it is a good company and has been around for quite some time. If a shutdown were to take place, there could be quite a bit of money lost and this could affect your investments. There is research being done to pin point the actually source of the sonox and if it is proven to be us, we will give proper notifications to you and hope that you will still invest within the company once it is re-opened. As for the citizens, I understand that you are scared and upset about the health issues...

Words: 627 - Pages: 3

Premium Essay

Acc 557 Week 6 Homework

...ACC 557 week 6 Homework CH 09 CH 10 Click below link for Answers http://workbank247.com/q/acc-557-week-6-homework-ch-09/3342 http://workbank247.com/q/acc-557-week-6-homework-ch-09/3342 Week 6 Quiz Answers http://workbank247.com/q/acc557-week-6-quiz-ch-07-and-08/3344 Exercise 9-9 | | | | Your answer is correct. |   |   | Presented below are selected transactions at Tomas Company for 2014. Jan. 1 | | Retired a piece of machinery that was purchased on January 1, 2004. The machine cost $58,000 on that date. It had a useful life of 10 years with no salvage value. | June 30 | | Sold a computer that was purchased on January 1, 2011. The computer cost $40,000. It had a useful life of 5 years with no salvage value. The computer was sold for $14,000. | Dec. 31 | | Discarded a delivery truck that was purchased on January 1, 2010. The truck cost $33,000. It was depreciated based on a 6-year useful life with a $3,000 salvage value. | Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on assets disposed of. Tomas Company uses straight-line depreciation. (Assume depreciation is up to date as of December 31, 2013.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Exercise 9-11 (Part Level Submission) | | On July 1, 2014, Sutton Inc. invested $720,000 in a mine estimated to have 800,000 tons of ore of uniform grade. During the last 6 months of......

Words: 1367 - Pages: 6

Premium Essay

Acc 557 Week 6 Quiz

...ACC557 week 6 QUIZ Week 6 Quiz Answers http://workbank247.com/q/acc557-week-6-quiz-ch-07-and-08/3344 Click below link for week 6 Homework Answers http://workbank247.com/q/acc-557-week-6-homework-ch-09/3342 ACC557 week 6 QUIZ CH 07 and 08 Multiple Choice Question 107   A bank statement   is a credit reference letter written by the depositor's bank.   shows the activity which increased or decreased the depositor's account balance.   is a bill from the bank for services rendered.   lets a depositor know the financial position of the bank as of a certain date. Multiple Choice Question 65    In large companies, the independent internal verification procedure is often assigned to   management.   computer operators.   internal auditors.   outside CPAs. Multiple Choice Question 104   All of the following are parties to a check except the   Federal Reserve.   maker.   bank.   payee. Multiple Choice Question 43    Internal controls are concerned with   preparing income tax returns.   safeguarding assets.   the extent of government regulations.   only manual systems of accounting. Multiple Choice Question 146   If a check correctly written and paid by the bank for $591 is incorrectly recorded on the company’s books for $519, the appropriate treatment on the bank reconciliation would be to   deduct $72 from the book’s balance.   add $72 to the book’s balance.   deduct $72 from the bank’s balance.   deduct $591......

Words: 688 - Pages: 3

Free Essay

Acc 260 Entire Class Dqs and All Assignments

...ACC 260 Entire Class DQs and all Assignments Purchase here http://chosecourses.com/acc-260-entire-class-dqs-and-all-assignments Product Description Week1 ACC 260 Week 1 - Ethics in the Accounting Profession.doc ACC 260 Week 1 - DQ 2.doc ACC 260 Week 1 - DQ 1.doc Week2 ACC 260 Week 2 - Unethical Practices of Arthur Andersen.doc ACC 260 Week 2 - The Enron and WorldCom Scandals.doc Week3 ACC 260 Week 3 - DQ 1.doc ACC 260 Week 3 - DQ 2.doc Week4 ACC 260 Week 4 - Philosophical Approaches to Ethical Decision Making - Appendix B.doc ACC 260 Week 4 - Critiquing Philosophical Approaches to Ethical Decision Making.doc Week5 ACC 260 Week 5 - DQ 1.doc ACC 260 Week 5 - DQ 2.doc ACC 260 Week 5 - Approaches to Stakeholder Impact Analysis.doc Week6 ACC 260 Week 6 - Presentation of the CEOs Position.doc ACC 260 Week 6 - Presentation of the Stakeholders Positions - Kardell Legal Counsel.doc ACC 260 Week 6 - Presentation of the Stakeholders Positions - Residents of Riverside.doc Week7 ACC 260 Week 7 - DQ 1.doc ACC 260 Week 7 - DQ 2.doc Week8 ACC 260 Week 8 - Briefly Applying a Decision-Making Framework.doc ACC 260 Week 8 - Fully Applying a Decision-Making Framework.doc Week9 ACC 260 Week 9 - Capstone Discussion Question.doc ACC 260 Week 9 - Solving Ethical Dilemmas in the Accounting Profession.doc ACC 260 Entire Class DQs and all Assignments Purchase here http://chosecourses.com/acc-260-entire-class-dqs-and-all-assignments ...

Words: 693 - Pages: 3

Premium Essay

Acc 260 Week 2 the Enron and Worldcom Scandals Material a+Grade

...ACC 260 Week 2 The Enron and WorldCom Scandals Material A+Grade Get Tutorial by Clicking on the link below or Copy Paste Link in Your Browser http://hwguiders.com/downloads/acc-260-week-2-the-enron-and-worldcom-scandals/ For More Courses and Exams use this form ( http://hwguiders.com/contact-us/ ) Feel Free to Search your Class through Our Product Categories or From Our Search Bar (http://hwguiders.com/ ) Assignment: The Enron and WorldCom Scandals • Resource: Business & Professional Ethics • Due Date: Day 7 [Individual forum] • Review the accounts of the Enron and WorldCom scandals in Ch. 2 of the text: o Enron’s Questionable Transactions on pp. 96-107 o WorldCom: The Final Catalyst on pp. 114-118 • Answer the following questions using complete sentences: o Enron: 1, 3, 5, 6, and 9 on pp. 106-107 o WorldCom: 1, 3, 4, and 5 on p. 118 • Post your answers as an attachment. Clearly label the case and question number for each of your responses. Enron questions 1, 3, 5, 6, and 9 1. Which segment of its operations got Enron into difficulties? The first thing that got them into trouble was the fact that Kopper was appointed to Fastow and he was an employee of Enron. I do not believe that he had the best interest involved. Another thing was that over 11 million was suppose to be invested and it never was. I believe that this was the start of the problems! Another thing was the fact that Enron was incorrectly booking revenue for services that......

Words: 7275 - Pages: 30

Free Essay

Ba 260 Week 6 Breach of Duty

...A++PAPER;http://www.homeworkproviders.com/shop/ba-260-week-6/ BA 260 WEEK 6 BREACH OF DUTY BA 260 WEEK 6 BREACH OF DUTY, In the case of the Mississippi Beef Plant case, duty of loyalty was breached. Mr. Hall duties and obligation were to get the beef plant built and running based on the $22 million budget he estimated. This did not happen and initial estimated price rose to $55 million dollars upon completion. In this situation, the issue of self-interest arose in the form of Mr. Hall paying his family member nearly $45,000 dollars to act as a consultant on the project. Secondly, as a means of providing and supporting his family, and maybe for financial gain, Mr. Hall also gave $269,000 or fraudulent obtained grant money to other family members. To make matters worse, Mr. Hall also had the construction company building the beef plant to pay him a 1% consulting fee totaling $173,130 and allegedly had the same construction company to perform nearly $20,000 in work on his personal home. According to the article, nearly $270,000 in false invoices were submitted to the Mississippi Development Authority and Community Bank for equipment and other items and demanded more than a $87,000 payment for several other miscellaneous items. In the end, the plant only functioned for several months and shortly afterwards, Mr. Hall defaulted on the $35 million loan and the bank and the state were unable to sell the property. In the situation, Mr. Hall had a responsibility as a......

Words: 307 - Pages: 2

Premium Essay

Acc 553 Week 6

...liabilities, two corporations become one thus less taxes. A horizontal type of merger should be developed. A horizontal merger is encouraged because the two corporations can improve performance by covering a wider area of operations. The merger should however be a purchase merger so that Mr. Jones could receive tax benefits owing writing up the purchase value and the difference book value and price of acquisition can be depreciated yearly thus reducing tax liabilities. 2. Merger or acquisition of Smithon by Johnson Services a) If the two companies merge, could Smithon use Johnson Services' net operating loss carry forwards? Any limitations on their use? Smithon can use Johnson Services' net operating loss because it acquired its tax position. The merger can be used to offset the income of Smithon which is a profitable corporation with the losses made by Johnson Services therefore reducing the amount of tax liabilities owed by the merger. The federal law provides that an acquiring company can use the selling company net operating loss land vice versa (Gordon, 2010). However, the use of net operating loss has limitations. Net operating loss can only be used to counter expected earnings of the organization and not the income that is taxable. Use of net operating loss is limited when there is an ownership change and the loss can only be carried back for two years (Maples, 2007). b) Should Mr. Jones use Johnson Services stock to acquire Smithon? Why or why......

Words: 1129 - Pages: 5

Free Essay

Ba 260 Week 6 Breach of Duty

...BA 260 WEEK 6 BREACH OF DUTY, A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=week-7-consideration Visit Our website: http://hwsoloutions.com/ Product Description BA 260 WEEK 6 BREACH OF DUTY, In the case of the Mississippi Beef Plant case, duty of loyalty was breached. Mr. Hall duties and obligation were to get the beef plant built and running based on the $22 million budget he estimated. This did not happen and initial estimated price rose to $55 million dollars upon completion. In this situation, the issue of self-interest arose in the form of Mr. Hall paying his family member nearly $45,000 dollars to act as a consultant on the project. Secondly, as a means of providing and supporting his family, and maybe for financial gain, Mr. Hall also gave $269,000 or fraudulent obtained grant money to other family members. To make matters worse, Mr. Hall also had the construction company building the beef plant to pay him a 1% consulting fee totaling $173,130 and allegedly had the same construction company to perform nearly $20,000 in work on his personal home. According to the article, nearly $270,000 in false invoices were submitted to the Mississippi Development Authority and Community Bank for equipment and other items and demanded more than a $87,000 payment for several other miscellaneous items. In the end, the plant only functioned for several months and shortly afterwards, Mr. Hall defaulted on the $35 million loan and the bank and the state......

Words: 317 - Pages: 2

Free Essay

Acc 220 Week 6 Checkpoint

...ACC 220 WEEK 6 CHECKPOINT To purchase this visit here: http://www.nerdypupil.com/product/acc-220-week-6-checkpoint/ Contact us at: nerdypupil@gmail.com ACC 220 WEEK 6 CHECKPOINT CheckPoint: Cost, Volume, and Profit Questions Writea 200- to 300-word response that addresses questions 7, 9, & 14 in the Questions section on p. 284–285 of the text. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 220 Week 6 Checkpoint in order to ace their studies. ACC 220 WEEK 6 CHECKPOINT To purchase this visit here: http://www.nerdypupil.com/product/acc-220-week-6-checkpoint/ Contact us at: nerdypupil@gmail.com ACC 220 WEEK 6 CHECKPOINT CheckPoint: Cost, Volume, and Profit Questions Writea 200- to 300-word response that addresses questions 7, 9, & 14 in the Questions section on p. 284–285 of the text. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 220 Week 6 Checkpoint in order to ace their studies. ACC 220 WEEK 6 CHECKPOINT To purchase this visit here: http://www.nerdypupil.com/product/acc-220-week-6-checkpoint/ Contact us at: nerdypupil@gmail.com ACC 220 WEEK 6 CHECKPOINT CheckPoint: Cost, Volume, and Profit Questions Writea 200- to 300-word response that addresses questions 7, 9, & 14 in the Questions section on p. 284–285 of the text. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 220 Week 6 Checkpoint in order to ace their......

Words: 345 - Pages: 2

Premium Essay

Law 531 Week 6 Presentation

...LAW 531 WEEK 6 PRESENTATION To purchase this visit here: http://www.activitymode.com/product/law-531-week-6-presentation/ Contact us at: SUPPORT@ACTIVITYMODE.COM LAW 531 WEEK 6 PRESENTATION Prepare a Powerpoint presentation of no more than 15 minutes. In week 5, I will assign teams a set or multiple sets (depending on the number of teams) the Question #(s) to answer. Your presentation should explain to the class the answers to the following questions: Question 1: Explain the term of office for board of directors. Give an account of the director’s and corporate officer’s duty of care towards the corporation. Explain Self-dealing. And finally, What is the CEO and CFO provision laid out by the Sarbanes-Oxley Act of 2002? Question 2: Distinguish between general government regulation and specific government regulation. Explain in brief the types of federal administrative agencies with examples. Distinguish between substantive rules and interpretive rules. What is a statement of policy? When are searches by administrative agencies considered reasonable? And finally, How is the general public protected from harassment by administrative agencies? Question 3: What is the United Nation’s Biosafety Protocol for genetically altered food? Give an account of the regulation of medicinal devices in the United States? What are the powers of the Consumer Product Safety Commission? Name some consumer products excluded from the purview of CPSC. Question 4: Describe the purpose......

Words: 1261 - Pages: 6

Free Essay

Acc 260 Week 1 Checkpoint

...ACC 260 WEEK 1 CHECKPOINT To purchase this visit here: http://www.nerdypupil.com/product/acc-260-week-1-checkpoint/ Contact us at: nerdypupil@gmail.com ACC 260 WEEK 1 CHECKPOINT CheckPoint: Ethics in the Accounting Profession • Resource: Business & Professional Ethics • Due Date: Day 5 [post to the Individual forum] • Answer questions 13 and 14 on p. 25 of the text. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 260 Week 1 Checkpoint in order to ace their studies. ACC 260 WEEK 1 CHECKPOINT To purchase this visit here: http://www.nerdypupil.com/product/acc-260-week-1-checkpoint/ Contact us at: nerdypupil@gmail.com ACC 260 WEEK 1 CHECKPOINT CheckPoint: Ethics in the Accounting Profession • Resource: Business & Professional Ethics • Due Date: Day 5 [post to the Individual forum] • Answer questions 13 and 14 on p. 25 of the text. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 260 Week 1 Checkpoint in order to ace their studies. ACC 260 WEEK 1 CHECKPOINT To purchase this visit here: http://www.nerdypupil.com/product/acc-260-week-1-checkpoint/ Contact us at: nerdypupil@gmail.com ACC 260 WEEK 1 CHECKPOINT CheckPoint: Ethics in the Accounting Profession • Resource: Business & Professional Ethics • Due Date: Day 5 [post to the Individual forum] • Answer questions 13 and 14 on p. 25 of the text. Home Work Hour aims to provide quality study notes and tutorials to the......

Words: 349 - Pages: 2

Free Essay

Acc 260 Week 4 Appendix

...ACC 260 WEEK 4 APPENDIX To purchase this visit here: http://www.nerdypupil.com/product/acc-260-week-4-appendix/ Contact us at: nerdypupil@gmail.com ACC 260 WEEK 4 APPENDIX CheckPoint: Philosophical Approaches to Ethical Decision Making • Resource: Appendix B • Due Date: Day 3 [Individual forum] • Complete the matrix in Appendix B. • Post your completed matrix as an attachment. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 260 Week 4 Appendix in order to ace their studies. ACC 260 WEEK 4 APPENDIX To purchase this visit here: http://www.nerdypupil.com/product/acc-260-week-4-appendix/ Contact us at: nerdypupil@gmail.com ACC 260 WEEK 4 APPENDIX CheckPoint: Philosophical Approaches to Ethical Decision Making • Resource: Appendix B • Due Date: Day 3 [Individual forum] • Complete the matrix in Appendix B. • Post your completed matrix as an attachment. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 260 Week 4 Appendix in order to ace their studies. ACC 260 WEEK 4 APPENDIX To purchase this visit here: http://www.nerdypupil.com/product/acc-260-week-4-appendix/ Contact us at: nerdypupil@gmail.com ACC 260 WEEK 4 APPENDIX CheckPoint: Philosophical Approaches to Ethical Decision Making • Resource: Appendix B • Due Date: Day 3 [Individual forum] • Complete the matrix in Appendix B. • Post your completed matrix as an attachment. Home Work Hour aims to provide quality......

Words: 517 - Pages: 3

Free Essay

Acc 260 Entire Class Dqs and All Assignments

...ACC 260 Entire Class DQs and all Assignments Purchase here http://chosecourses.com/acc-260-entire-class-dqs-and-all-assignments Product Description Week1 ACC 260 Week 1 - Ethics in the Accounting Profession.doc ACC 260 Week 1 - DQ 2.doc ACC 260 Week 1 - DQ 1.doc Week2 ACC 260 Week 2 - Unethical Practices of Arthur Andersen.doc ACC 260 Week 2 - The Enron and WorldCom Scandals.doc Week3 ACC 260 Week 3 - DQ 1.doc ACC 260 Week 3 - DQ 2.doc Week4 ACC 260 Week 4 - Philosophical Approaches to Ethical Decision Making - Appendix B.doc ACC 260 Week 4 - Critiquing Philosophical Approaches to Ethical Decision Making.doc Week5 ACC 260 Week 5 - DQ 1.doc ACC 260 Week 5 - DQ 2.doc ACC 260 Week 5 - Approaches to Stakeholder Impact Analysis.doc Week6 ACC 260 Week 6 - Presentation of the CEOs Position.doc ACC 260 Week 6 - Presentation of the Stakeholders Positions - Kardell Legal Counsel.doc ACC 260 Week 6 - Presentation of the Stakeholders Positions - Residents of Riverside.doc Week7 ACC 260 Week 7 - DQ 1.doc ACC 260 Week 7 - DQ 2.doc Week8 ACC 260 Week 8 - Briefly Applying a Decision-Making Framework.doc ACC 260 Week 8 - Fully Applying a Decision-Making Framework.doc Week9 ACC 260 Week 9 - Capstone Discussion Question.doc ACC 260 Week 9 - Solving Ethical Dilemmas in the Accounting Profession.doc ACC 260 Entire Class DQs and all Assignments Purchase here http://chosecourses.com/acc-260-entire-class-dqs-and-all-assignments ...

Words: 1155 - Pages: 5

Premium Essay

Presentation of the Ceo Position

...Presentation of the CEO’s Position 2 As the CEO of Kardell’s it is my responsible to examine each of the views of the stakeholders and form a course of action concerning the sonox issues. This course of action in which I choose will be solely based on facts and should be in the best interest of the company not on personal feelings of the concerned parties. The proposed plan would involve shutting the plant down for approximately a year and then only partially running for the next year in order to make the necessary upgrades to keep the contamination from happening. The first group’s concerns that I will examine will be the investors. Their primary concern is the rate of return they get on their investment. They have come up with an alternative plan to keep from shutting down the plant for the two years. Their argument is that there is no evidence that the Sonox chemical have a negative impact on the environment or the health of the people in the community and because of these facts, the plant should not close for any period of time and loose profits. The next group is the citizens of Riverside. The citizen’s primary concern is the health of the people in their community and the affects of the environment of the contamination of the Sonox chemical that might be going into their water supply. They understand that if the plant must be closed for a period it would hurt their economy in the community but they are only concerned about the health of people, animals and the......

Words: 1022 - Pages: 5