Top Research Professionals
The research experts and assignment help team consists exclusively of highly qualified graduate writers, each professional with in-depth subject matter expertise and significant experience in custom academic writing.
For similar papers and sample answers; with a few clicks, Order your research paper, thesis, dissertation writing and other assignment help services
Posted: September 5th, 2023
Response 1:
When financial reporting is done poorly by financial institutions, it can be the major factor leading to or bring fourth a major financial crisis and lack of trust within that sector of business. Financial reporting is critical to the business and establishes trust and transparency. When investors and stakeholders loose confidence in a business it can dry up the financial support.
A manager’s responsibility regarding ethical financial reporting understands and respecting the responsibility of financial reporting is not negotiable. Leading and reporting with truthfulness, integrity, fair presentation and freedom from bias, prudence, consistency, completeness and comprehensibility (Jubb, 2017).
Some challenges a manager might face in ensuring ethical accounting and financial analysis practices is establishing boundaries that prevent professional and personal interest from appearing, confidentiality of their employer and staying within the boundaries of the law. Another major issue a manager may face is balancing ethics and fulfilling the needs of the employer. When your main goal is to maximize earnings, this goal can present unethical ways to make or exceed this goal (Gallup, . If a manager feels that their employer is acting unethical, they can report their company to the authorities without fear of loosing their job. Whistleblowing is another challenge managers can face, but they are also protected b federal law.
References
Jubb, Guy. October 16, 2017. “Role of the manager in responsible financial reporting”
https://www.ftadviser.com/Articles/2017/10/16/Opinion-Guy-Jubb
Gallup, Betsy. 2019 “Business Ethics for a Finance Manager.” Small Business – Chron.com,
http://smallbusiness.chron.com/business-ethics-finance-manager-20490.html.
We prioritize delivering top quality work sought by college students.
The research experts and assignment help team consists exclusively of highly qualified graduate writers, each professional with in-depth subject matter expertise and significant experience in custom academic writing.
Our custom writing services maintain the highest quality while remaining affordable for students. Our pricing for research papers, theses, and dissertations is not only fair considering the superior quality but also competitive with other writing services.
We guarantee plagiarism-free, human-written content. Every product is assured to be original and not AI-generated. Our writers, tutors and editors are research experts who ensures the right formating and citation sytles are followed. To note, all the final drafts undergo rigorous plagiarism checks before delivery for submission to ensure authenticity for our valued customers.
When you decide to place an order with Dissertation Help, here is what happens: