Assignment: Ethics in AccountingDue Week 9 and worth 170 pointsEffective financial reporting depends on sound ethical behavior. Financial scandals in accounting and the businesses world have resulted in legislation to ensure adequate disclosures and honesty and integrity in financial reporting. A sound economy is contingent on truthful and reliable financial reporting.Instructions:Read the following scenario.Answer the questions that follow. This will be a 2-3 page submission in a question and answer format (also in paragraph form). An introduction and conclusion is not required.Refer back to your textbook for guidance on how to think through the scenario.You have been recently hired as an assistant controller for XYZ Industries, a large, publically held manufacturing company. Your immediate supervisor is the controller who also reports directly to the VP of Finance. The controller has assigned you the task of preparing the year-end adjusting entries. In the receivables area, you have prepared an aging accounts receivable and have applied historical percentages to the balances of each of the age categories. The analysis indicates that an appropriate estimated balance for the allowance for uncollectible accounts is $180,000. The existing balance in the allowance account prior to any adjusting entry is a $20,000 credit balance.After showing your analysis to the controller, he tells you to change the aging category of a large account from over 120 days to current status and to prepare a new invoice to the customer with a revised date that agrees with the new category. This will change the required allowance for uncollectible accounts from $180,000 to $135,000. Tactfully, you ask the controller for an explanation for the change and he tells you “We need the extra income, the bottom line is too low.”Required:In a 2-3 page paper, discuss the following:Consider what you have learned relative to ethics and financial reporting. What is the rationale for the calculations/process used to estimate the $180,000 uncollectible allowance?How do you think the misstatement of funds will impact the income statement and balance sheet?What is the ethical dilemma you face? What are the ethical considerations? Consider your options and responsibilities as assistant controller.Identify the key internal and external stakeholders. What are the negative impacts that can happen if you do not follow the instructions of your supervisor?What are the potential consequences if you do comply with your supervisor’s instructions? Who will be negatively impacted?Additional Requirements:Use at least one (1) quality academic resource (in addition to your textbook) for this assignment. Note: Wikipedia and similar websites do not qualify as academic resources. You have access to Strayer University’s Online Library at https://research.strayer.edu and the iCampus University Library Research page at https://icampus.strayer.edu/library/research.Your assignment must follow these formatting requirements:Your paper should be double spaced (Arial or Times Roman 12 pt font) and follow general Strayer Writing Standards (SWS) as they relate to references and citations. Please take a moment to review the SWS documentation for details (more information and an example is included in the Strayer Writing Standards menu link located in your Blackboard).Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

Option #2: The Workplace of the FutureFrom part-time jobs to telecommuting, the workplace of the future will look considerably different than it currently does. Given that understanding, write a 3-5-page paper organized using the following structure and section headers:Section 1: IntroductionSection 2: The Changing Workforce. Based on your research, present the principal changes you foresee in the workplace in the coming five years. How are organizations going to operate differently? What is the new role of employees in the workplace?Section 3: Social Contract Between Organizations and Employees. Some years ago, employees received greater benefits from their employer, and there was greater job security. That appears to have changed. Discuss the new “social contract” between organizations and their employees, in particular what organizations can expect from their employees in the future, and what employees can expect from their organization in the future.Section 4: How to Prepare Employees for New Economy. As a human resource professional, discuss how you can best prepare, guide, and aid employees to prepare for the new economy, which can enhance their employment prospects and job security.Section 5. ConclusionAdditional requirements:Write a 3-5-page paper, or about 1100 words, not including the title and reference pages, which are required.Your paper must be properly cited and formatted according to the CSU-Global Guide to Writing and APA (Links to an external site.).Include a formal reference page. This is an individual paper; however, you should reflect on our discussion forums and incorporate ideas from there, as appropriate.You must support your analysis with at least three scholarly references and can include resources from this course.The CSU-Global Library (Links to an external site.) is a good place to find these sources. You cannot use Wikipedia or any CSU-Global assignment. For this assignment, a credible source is defined as:A scholarly or peer-reviewed journal article.A government-based website or publication.A trade or industry journal article, publication, or website, including those from trade organizations such as SHRM.org and TD.org.

In 8 to 10 slides with voice narration, provide a brief overview of the situation and, using the key concepts from your strategic communications case study, the steps that can be taken to remedy the issues. The audience for your presentation is your peers and the goal of the presentation is to convince your audience that your communications will best address the problem you identified in the case study. Introduce the problem your communications are going to address, and use the following sections of your final project to persuade your peers:  Goals  Justification  Types of internal and external communications  Mediums for both communications  Target audiences and cultural considerations  Potential sources of conflict  Alignment with mission, vision, and goals  Measurement: internal and external Note: Although all of this information will be derived from the work you have done for your final project; be sure to revise the content for the purpose of the presentation and do not simply copy and paste.