Accounting homework help Acc1

Accounting homework help Acc1

Instructions:

This module discusses the use of information from managerial accounting systems and the use of costs in decision making. Please read and review the following case: When Change Isn’t So Good: A Story of New Management and Misleading Statements. (see attached)

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Discuss the following in 1.5-2 pages

• As you review the IMA Statement of Ethical Professional Practice (see attached), which of the IMA’s overarching ethical principles are potentially compromised by Liz’s position?

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• Is management perpetrating fraud? Is what they are doing illegal? Unethical? Explain. • How does the misleading information impact decision-making? • What damages could potentially be caused by the misleading information? • If you were a board member and found out about the changes and discrepancies in the

material presented, how would you feel? • Identify the stakeholders in this case. Then discuss how Liz’s decision may impact the

stakeholders. • What do you recommend Liz do? Be sure to defend your answer.

Accounting homework help Acc1