[Christain Business Ethics] Chapter 10 Of Hill, Just Business. Gail Works As An Auditor For A National Accounting Firm. One Of Her Clients, Alias Manufacturing Corporation (AMC), Has Performed Well On The Stock Market For Five Years. During Her Audit, However, Gail Discovers That AMC Has Unintentionally Underreported Some Of Its Liabilities And Is About To
[christain business ethics]
Chapter 10 of Hill, Just Business.
Gail works as an auditor for a national accounting firm. One of her clients, Alias Manufacturing Corporation (AMC), has performed well on the stock market for five years. During her audit, however, Gail discovers that AMC has unintentionally underreported some of its liabilities and is about to be hit with a major class-action lawsuit. She projects that AMC stock values may fall by as much as 35 percent within the next six months.
One weekend, Gail drives home to visit her aging parents. As their only child, she feels particularly responsible for their well-being. Stuck in the lower middle class on a fixed income, they are very excited to inform their daughter that they have recently invested one-half of their retirements funds in AMC. Stunned, Gail ponders what to do next.
2. Are there any creative solutions for Gail's ethical dilemma?