3102AFE AUDITING TRIMESTER 3 2018 Ethical Dilemma Case Study Assignment Assignment Due Date: Monday 10 th December at 9.00am Weighting: 20%. Instructions to students 1. This is an assignment done in...

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3102AFE AUDITING TRIMESTER 3 2018 Ethical Dilemma Case Study Assignment Assignment Due Date: Monday 10 th December at 9.00am Weighting: 20%. Instructions to students 1. This is an assignment done in pairs. Students form their own pair. Students register into their self-formed pairs via the link on L@G in the ‘A1 - Paired Written Assignment: Ethical Dilemma Case Study’ folder under the Assessment folder. 2. The submission must be typed. 3. Include a copy of the marking guide with the final submission with students’ names and numbers completed. 4. Students can submit up to two drafts in the “A1 – Paired Written Assignment: Ethical Dilemma Case Study DRAFT Submission Point” – DO NOT submit the final submission in this folder (it will not be read nor marked). The purpose of the draft submission point is so you can check for text matching to ensure academic integrity is not breached. 5. Final Submission of the assignment- the assignment is to be submitted THROUGH SAFE ASSIGN at Learning@Griffith under the ASSESSMENT/Group Assignment folder where it says: ‘A1 – Paired Written Assignment: Ethical Dilemma Case Study FINAL Assignment Submission Point’. Each member of the pair must complete the A1 – Cover Sheet. 6. The assignment is marked out of 30 marks. 25 marks are awarded for the application of the AAA model to the ethical case study scenario. 5 marks are awarded for written communication which includes proper grammar, spelling and clarity of expression. Ethical Dilemma Case: Janice Roberts is an accountant for a large company that manufactures pet food and supplies in Australia known as Pet Plus Pty Limited. As part of her duties, Janice notices a few irregular cheque requisitions where the numbers are of sequence and one of the payee’s is an unknown entity. Despite this, supporting documentation appears attached to these cheque requisitions. Janice decides to report the matter to her manager, the Chief Financial Officer (Brett Andrews) who promises to look into the matter and get back to her shortly. However, after two weeks Brett has not approached Janice to explain or discuss further. At the first opportunity, Janice asks Brett about the cheque requisitions and he assures her that he “has looked into it and there is absolutely nothing to worry about”. He asks her to not to raise the issue again “otherwise she may be looking for a new job”. Janice decides to go about her work and not question Brett about this again. A few months later, Janice’s assistant (Audrey Miller) confides in her that she is concerned that the Chief Financial Officer and the General Manager are working together and stealing large sums of money from Pet Plus Limited for their own personal use. REQUIRED Outline the ethical issues and your decision using the American Accounting Association (AAA) decision making model. When identifying the major principles, rules and values students are to reference the applicable section of the Code of Ethics for Professional Accountants. Maximum word limit = 800 words.