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#1 |
Acrobat
Join Date: Sep 2000
Location: a blank page
Posts: 360
Local Time: 01:16 AM
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somewhat hypothetical question
I'm finishing up an essay for Legal and Ethics and I thought the question might be an interesting one to post here and get oyur thoughts:
__________________You are the head of the records management department of a large accounting and business consulting firm. You have been employed at that firm for five years, during the last two of which you have served in your present position. You love your job. You have a spouse and a young family. Your firm is a business consultant for some of the world’s largest corporations and governments. It is not uncommon for you to see the newsmakers of these corporations, and even local, state and federal government officials visiting your firm’s offices from time to time. You are shocked to read in the paper, however, that one of your firm’s largest clients is in serious financial trouble. Your shock deepens when you learn that their financial troubles may be the result of ethical and legal violations. You grieve for the employees and investors who have lost so much money as a result of those actions. Your firm has a policy that all records pertaining to its activities on behalf of its clients are confidential records, belonging to the client. Part of your job is to protect the confidentiality and security of those records while your firm’s project is ongoing. When a project has been completed, your firm’s policy, once it has been paid for its work, is to return all original documents to the client, and to destroy all copies of those documents as well as any others, whether electronic or hard copy, that it has generated during the project. The retained client file, consisting only of a brief summary of the work done, and the amount billed and paid, is then closed and stored under your direction and control in a secure facility. In view of the increasingly sensational news reports, you decide to ask the vice president to whom you normally report for specific instructions regarding the implementation of that firm policy for what is obviously becoming a very high profile case. The vice president instructs you to waste no time in destroying those paper and electronic files. He asks you to report back to him on the accomplishment of that mission within twenty-four hours. What will you do? -------------------- ![]() Steve |
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#2 | |
Banned
Join Date: Apr 2002
Location: SI, NY, USA
Posts: 1,189
Local Time: 01:16 AM
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Quote:
On another note. The files that AA compiled as a result of working for Enron are not the property of Enron. Only the "opinion" that AA issued relating to the financial statements of Enron can be considered the property of Enron. CK |
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#3 |
Acrobat
Join Date: Sep 2000
Location: a blank page
Posts: 360
Local Time: 01:16 AM
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the teacher posted it as Enron related, kind of. He just wanted our moral reasoning more than any facts really. I changed half his scneario when I wrote my essay.
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#4 | ||
Banned
Join Date: Apr 2002
Location: SI, NY, USA
Posts: 1,189
Local Time: 01:16 AM
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Quote:
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#5 |
Banned
Join Date: Apr 2002
Location: SI, NY, USA
Posts: 1,189
Local Time: 01:16 AM
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if you don't mind me asking...what university do you attend? Graduate or Undergrad class?
Not many schools have made Ethics a priority subject. Although, the Irish are at the front of the field in regards to Ethics and responsibility. Go Irish! CK |
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#6 |
Acrobat
Join Date: Sep 2000
Location: a blank page
Posts: 360
Local Time: 01:16 AM
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sorry, I thought I did.
My point was that the details were left in the air, my teacher didn't care and I Was just quoting what my teacher asked. So whatever makes it more interesting for you. In my essay I went from the angle that I didn't have any notion of a supeaoned, because for me that would have solved my moral questions to quickly to fill out an essay. -------------------- ![]() Steve |
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#8 | |
Banned
Join Date: Apr 2002
Location: SI, NY, USA
Posts: 1,189
Local Time: 01:16 AM
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Quote:
I must say that it is every firms policy to destroy documents that are not part of the standard, "summary" workpapers after the work has been completed. There are reasons for this. The only papers that the Partner (the ultimate person responsible for the workpapers) reviews are the papers that included in the basic workpapers. All the correspondence and evidence that is compiled to support the workpapers should be destroyed since many times that evidence is outdated and no longer support our basis of opinion or are redundant and may contain unreviewed errors. AA erred when they had a reasonable belief that the un-destroyed evidence was about to be supeanaed. CK PS Are we butchering the spelling of sepeanaed? [This message has been edited by TheU2 (edited 02-18-2002).] |
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#9 | |
Acrobat
Join Date: Sep 2000
Location: a blank page
Posts: 360
Local Time: 01:16 AM
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Quote:
-------------------- ![]() Steve |
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