I need to apologize for not blogging for so long.....I have been extremely busy with work and other things. I have been planning my proposal to my girlfriend for almost 2 months now and I finally asked her to marry me this past weekend..... All of my effort paid off but now its time to get back to work.......
This week I want to talk about some very interesting things I found out while working this week..........We have talked about many unethical cases in class and now I have actually been able to witness this unethical behavior firsthand......On my audit this week, I have discovered the owner of a business has been using the store's operating funds as his personal bank account..........He literally has been paying his personal living expenses with the money he makes from store sales. He is even making alimony payments to his ex wives........The funds are setup to automatically come out of the store's bank account each month. So we wouldnt be able to notice the missing funds, he has been booking bogus accounting entries on his financial statements for the last year. The situation has gotten so bad that he now owes us $4 million dollars and the store only has about $700k. When we asked him about the missing money and fraudulent financial statements he simply told us to ask his accountant........The sad part is that this guy is a millionaire 50 times over.....his family is very wealthy and for him money should be no object.......The situatuion is so bad that the store may end up closing and all the employees will be out of a job..........My question is.... did this guy ever think about his employees?? That they may end up losing their means of living behind his actions. Some of them have been there for more than 20 years....what are they supposed to do now???
Thursday, March 24, 2011
Friday, March 4, 2011
Should she have taken the money???
I want to step outside the scope of business ethics for a second and raise aquestion in regards to ethics in general........
Well all this uprising going on in foreign countries has caught my attention and has mad me start to question a few things. The first thought that comes to my head is will it ever happen over here???? Of course this is the last place I expect that to happen, but as different nations rise up against there government, it seems as if they are doing the "wave" at a baseball game and it is only a matter of time before its gets right next to you and before you know it, it'll be your turn to stand up............Most recently Moammar Gadhafi has been all over the news for his nations' latest attempt to over power him.........There are several unethical issues going on here, but i want to focus on some new information that has recently been spread all over the news.......Lately Gadhafi name has been all over the news in regards to his dictatorship style of governing, his well known record of violence and his families consistent misbehavior and run in with the law........Until his nations' current uprising a lot of people were unfamiliar with him and his actions........Its not uncommon that the news outlets will paint n ugly picture and broadcast negative publicity as often as it gets a chance to.......
That brings me to this point...........World famous superstar Beyonce (Knowles-Carter) has been drug in to this Gadhafi mess along with other well known entertainers. It has been reported that Beyonce performed at a private party for Gadhafi and his family in St. Bart's for New Years eve.....She was reportedly paid $1,000,000 for her performance.....in the past few days she has been highly criticized for her actions and is now being listed as as supporter of Gadhafi and his regime?????????? All because she performed for him at a party?? Is that unethical??? Performing for a a dictator or known terrorist?? Is this showing any dis loyalty to your native country?? Does it show the rest of the world that you support rulers who believe in violence and chaos?? Should she have stood up for what she believed in and not collected a paycheck??? Is there an unwritten code of conduct for us Americans not to receive funds for services provided if the funds come from a terrorist?? Where do we draw the line with our ethical decision making?? Do we leave it up to corporations or law firms and government entities?? How do we hold ourselves accountable for our actions when there is no written code of ethics for life outside of work?? There is no SEC for life outside the boardroom.......
Well all this uprising going on in foreign countries has caught my attention and has mad me start to question a few things. The first thought that comes to my head is will it ever happen over here???? Of course this is the last place I expect that to happen, but as different nations rise up against there government, it seems as if they are doing the "wave" at a baseball game and it is only a matter of time before its gets right next to you and before you know it, it'll be your turn to stand up............Most recently Moammar Gadhafi has been all over the news for his nations' latest attempt to over power him.........There are several unethical issues going on here, but i want to focus on some new information that has recently been spread all over the news.......Lately Gadhafi name has been all over the news in regards to his dictatorship style of governing, his well known record of violence and his families consistent misbehavior and run in with the law........Until his nations' current uprising a lot of people were unfamiliar with him and his actions........Its not uncommon that the news outlets will paint n ugly picture and broadcast negative publicity as often as it gets a chance to.......
That brings me to this point...........World famous superstar Beyonce (Knowles-Carter) has been drug in to this Gadhafi mess along with other well known entertainers. It has been reported that Beyonce performed at a private party for Gadhafi and his family in St. Bart's for New Years eve.....She was reportedly paid $1,000,000 for her performance.....in the past few days she has been highly criticized for her actions and is now being listed as as supporter of Gadhafi and his regime?????????? All because she performed for him at a party?? Is that unethical??? Performing for a a dictator or known terrorist?? Is this showing any dis loyalty to your native country?? Does it show the rest of the world that you support rulers who believe in violence and chaos?? Should she have stood up for what she believed in and not collected a paycheck??? Is there an unwritten code of conduct for us Americans not to receive funds for services provided if the funds come from a terrorist?? Where do we draw the line with our ethical decision making?? Do we leave it up to corporations or law firms and government entities?? How do we hold ourselves accountable for our actions when there is no written code of ethics for life outside of work?? There is no SEC for life outside the boardroom.......
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