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You may choose any of these questions please be sure to indicate at the top of the response which question you are ans...

  • You may choose any of these questions please be sure to indicate at the top of the response which question you are answering: Describe a situation where your academic or professional ethics were challenged and how you dealt with the situation. What did you learn from the experience? What is the most difficult feedback you have received, and how did you address it? Throughout our lives, we have significant experiences or milestones that have a lasting impact on us. Briefly describe such an event and its impact on you. Describe a time when you led a response to a crisis. What critical leadership skills did you implement? What was the impact of your decisions? How many people did you lead and what would be their opinion of how you handled the situation? How would you rate your own performance? *

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ATTEMPTING FIRST QUESTION:

I am working as an accounting profession. My job profile has obligations to shareholders, employees, creditors, suppliers, the government, and the public at large. Thus I have obligations to go beyond my immediate client. Decisions that are made on information given by me can materially affect the lives of any or all of these stakeholders. Therefore Behaving ethically is an essential and expected trait. Also there are high expectations of society from the accounting professionals and people need to have confidence in them by providing quality of complex services. Thus, the information provided by me must be reliable, realistic, efficient, and are unbiased.

In my current job one ethical issue I discovered was that when my manger asked me to delay in the issuance of the bonds. However I knew that with this approach the company would be painting inaccurate financial position, to people such as creditors, for this year because it would make the company appear more profitable, which is unethical. Inaccurate reporting for the years profitability of long term versus short term may leads the current and potential shareholders/stock to believe that the company is performing better than it really is. Such ethical issues will be inflating ratios and purposely misleading investors to believe that company is in a strong financial condition then it is. Ultimately, the company will paint inaccurate represent liabilities for the current year. However I remained sticks to the original schedule because the company requires the cash to help improve its performance; thus should issue the bonds as authorized in the current year. I reported the matter to the senior management team who supported me and there was not any delay in it's issuance

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