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Essay example - Management Accounting
Finance & Accounting
Pages 4 (1004 words)
Name: Course: Date: Ethical dilemma facing Ann Paxton Ethical dilemmas are part of human life. Under circumstances where an individual is dealing with a situation that he/she is not the only determinant, compromising situations are inevitable (Harding, 2010 p52)…
Extract of sample
Nevertheless, the most significant factor that influences her decision making in this situation is her desire to be promoted from the department, which she refers as a stinking. Secondly, the fear of under-budgeting, which will have the impacts of causing financial crisis for the department in the coming year, also affects the way she is going to deliver the budgeted amount. Anticipated future rise in costs is yet another factor that she has to consider in her decision making regarding the budget she is going to submit, since the costs may rise out of the anticipated new expenditures. Finally, the financial situation of the city affects her decision making, since the revenues collected by the city were down, meaning the possibility of the city cutting down the budgets presented, thus reducing the amounts given to Paxton, as the manager of the waste disposal firm. The analysis of the ethical dilemma under this case presents various ethical issues. First, Paxton is working towards satisfying herself interests, which is highly unethical (Rhodes, 1986 p11). She has the personal interest of being promoted from the department, which she does not appear like. Therefore, she wants to impress her employer by ensuring that she funds the operations of the department to the very best, at the expense of the financial situation that the city is facing. ...
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