Description 1. Read Healthy Kids Role Play 2. Watch: Enron Documentary NOTE: There is some gratui ...

---

Description 1. Read Healthy Kids Role Play 2. Watch: Enron Documentary NOTE: There is some gratuitous nudity at the 29-30 minute mark in the film that has no business being in this documentary. Feel free to skip right on past this. This part of the film is NOT part of your assignment! . instructions After Enron, sweeping legislation was passed that hoped to eradicate the problem of outside auditors becoming too "cozy" with corporate management and looking the other way when corporate misconduct occurred. Despite this legislation, accounting scandals continue. Consider the accounting firm of Ernst and Young (EY), which has been involved in several scandals lately, including multiple instances of its accountants cheating on the CPA ethics exam and other instances of it allegedly "looking the other way" at client misconduct. Some of this alleged misconduct is addressed here: EY fired auditor for not approving illegal transactions, says a new lawsuit | ReutersLinks to an external site. Remember that it only took a few bad apples at Arthur Anderson to facilitate the Enron fraud. Is another Enron waiting just around the corner? EY announced in 2022 that it would divide into two companies, an auditing firm and a financial consulting firm: https://www.nytimes.com/2022/09/08/business/ey-ernst-young-split.htmlLinks to an external site. to try and solve the misconduct. You can read more about how this did not work. Applying the concepts that you have learned in the course, how would you have addressed these ethical lapses at EY? Do you think that splitting into two companies was the best way to have solved these problems? Why or why not? The assignment is 1-3 pages no citation needed. Weight of Reason Framework Identify the ethical issue that you are faced with - what is it that you need to decide? Identify all of the facts that you know Identify different options for a course of conduct (typically: do nothing, do something, or some combination) Assess the consequences for those options (the assessment should include different stakeholders who would be affected by the option and the pros and cons as it relates to those stakeholders) Apply principles to those consequences (what type of philosophical principles are important to your decision) Determine a short-term solution (what should be done right now based on your analysis in steps 3-5) Determine a long-term plan of action (what can be done over time based on your analysis in steps 3-5) What lessons did you learn? This is more of a reflection of what should be done systemically so that this type of ethical issue does not present itself in the first place. Each chapter assignment has additional directions at the beginning of the Case problem. Criteria/ Rubric Quality of Analysis The student addresses all elements of the weight-of-reason framework, provides an in-depth analysis of each element, and reflects mastery of the course materials. Incorporation of course materials The student makes significant reference to course materials in their analysis. Writing style Writing is clear and well-organized with minimal spelling and grammar errors.