Ethics Case free essay sample

Within organizations, internal controls are essential features that safeguard its assets and enhance the accuracy and reliability of the organizations accounting records. In addition, Congress forces companies to adhere and implement The Sarbanes-Oxley Act of 2002 (SOX). In this discussion, four questions will be addressed in regards to Ethics Case BYP8-6 and followed with ethical answers pertaining to the accounting industry. Who will suffer negative effects if you do not comply with Gena Schmitt’s instructions?Who will suffer if you do comply? What are the ethical considerations in this case? What alternatives do you have? As a result, accountants use internal controls to safeguard assets and maintain accurate accounting records. First, the assistant controller must evaluate their position and duties within the organization by following the principles of control. The establishment of responsibility in this case is Lisa Lucena, the assistant controller that is in charge of the general ledger accounting at Riverside Company, and Gena Schmitt, the financial vice president. Most hotels were not doing anything beyond the small things. Kimptons environmental sustainability initiatives have roven successful and beneficial both in terms of its environmental and business benefits. Environmental improvement is one of the benefits of diverting waste. Some of the benefits are exemplified in their rollout phases, including: introducing non- disruptive and cost-reducing operational practices such as a recycling program, non- toxic cleaning products, promotional materials printed on recycled paper, complimentary coffee that was organically grown, and their towel/linen reuse system. Investing in water and energy conservation, using organically grown cotton for their inens, and the most fundamental changes, renovating hotels or using these approaches in new hotels. I would Justify the EarthCare program to Kimptons board of directors and stockholders as being a necessity for the company. This program saves money, reduces the impact on the environment, and can essentially make money. An important part of Kimptons history was its longstanding commitment to social and environmental responsibility. Different challenges face the EarthCare program such as ln order to overcome these challenges There is more than one way you could measure success of the EarthCare program.