ACCT 630 Period 2 Initial Posts

The Case:

A company’s controller, Hannah, is about to meet with her CFO when a senior accountant discovers an error in the financial statements. The error, an item incorrectly placed in inventory instead of research and development, would prevent the company from meeting its expected goals if corrected. Hannah must decide whether to make the correction and risk disappointing management or let the error slide to ensure everyone receives a bonus. This decision pits her professional responsibility against personal and organizational pressures.

The Dialogue Question:

James 1:5 states, “If any of you lacks wisdom, you should ask God, who gives generously to all without finding fault, and it will be given to you.” This scripture emphasizes the importance of seeking divine wisdom in difficult situations.

Considering Hannahs dilemma, what ethical reasoning is at play if she decides to let the error slide? What are the potential short-term benefits versus the long-term consequences of such a decision? Using the concept of biblical wisdom, explain why seeking to do what is right, even at personal cost, is the most faithful course of action. How does Hannah’s decision-making process reflect the tension between worldly pressures and the call to be a faithful steward of financial truth?

Dialogue Post Week 4

The Case:

As a CPA, Sean has violated several professional and ethical rules. He has embezzled money from a client’s trust, failed to complete contracted work, and neglected to file his own tax returns. When faced with a complaint, he makes false promises and flees the country. His actions demonstrate a pattern of dishonesty, irresponsibility, and a complete disregard for the trust placed in him by his clients and the public.

The Dialogue Question:

The prophet Micah asks, “And what does the Lord require of you? To act justly and to love mercy and to walk humbly with your God” (Micah 6:8). This scripture highlights justice as a core requirement for a righteous life.

In the case of Sean, discuss the ways his actions violate the principle of justice. How does his behavior, from misappropriating funds to failing to perform contracted services, represent a complete breakdown of his ethical obligations to his clients and society? Analyze his actions through the lens of a biblical call to justice, explaining how his selfishness and deceitfulness stand in direct opposition to the faithful and just conduct required of a professional. What advice would you give Sean from a biblical and ethical perspective?

Note: For each discussion period, you are required to create 2 Original posts. (200 words or fewer each). Each post must include a minimum of two academic references