Category: Ethics
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Weekend oct 18, 2015 Illinois has stopped paying lottery winners of more than $600.. But the lottery continues to advertise and sell tickets. The State will not pay any more winners until, the financial crisis is resolved. So where will they get the money to pay the winners if they are spending the winnings now?
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Thursday Oct 8 2015 VW is investigating and will have answers but not in a hurry. As Jenkins points out the advantage of the final tightening of regulatory screws was not worth it. He does present some innovative ideas on what to do now. Other articles indicate the widening circle of stakeholders affected by…
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Monday Oct 5, 2015 The latest stakeholder fall out in the VW scandal is the town of Wolfsburg, Germany. this is home to VW production and some 2,000 suppliers for the company. It is a company town highly dependent on VW production output. Needless to say it is bracing for a slowdown. Recall that departing…
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Monday Sept 28, 2015 Candidates for the Texas CPA exam must complete a TSBPA approved class in accounting ethics. One of the components of an ethical reasoning model is identifying the stakeholders. I continue my coverage of the VW scandal as how a small decision ends up affecting so many. Most car makers have finance…
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Friday Sept 25 2015 Dan Neil is the weekend car review guy for the WSJ. Here is his take on the deception. If you are not reading Dan's week end car reviews you should be but then I confess to being a gear head.
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Friday Sept 25 \I found this story on Click and Clack, the auto website. As we will discuss in accounting ethics, identifying he stakeholders is an important part of examining ethics. This is a serious story about how close anyone with asthma is to death. Read carefully.
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Wed Sept 23, 2015 As reported here it did not look god for the VW CEO, he quit leaving his mess for he next CEO to clearn up. This was bound to happen but would not justice be better served if he had to fix what went wrong? 9/23 VW CEO Winterkorn resigns. …
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Tuesday Sept 22, 2015 Yesterday we reported on VW admits to rigging emissions tests. Now South Korea and France are conducting their own investigations. A theme of any ethics class is that the tone is set at the top. Either th CEO did not know or chose to ignore an obvious violation of the rules. Again this…
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Weekend Sept 5 2015 Robin Wong photographer extraordinaire, catalogs the protest in Malaysia. He asks for once that blog readers spread the word, I am complying with that request, take a look. Would Americans respond in the same manner?
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Thursday August 27 2015 The financial services industry is under attack. this article explains steps to prevent money laundering and other creative crimes.