Ethical Issues Case Study: Financial Professional's Dilemma - MAA250

This case study analysis focuses on the ethical dilemmas faced by Avneet, an Assistant Accountant at Shady Oaks, an aged-care facility. The analysis addresses several ethical issues, including revenue manipulation, employee treatment (retrenchment of senior employees), maintenance concerns (asbestos inspection), and financial reporting irregularities. The study examines Avneet's alternatives, such as whistleblowing and upholding accounting standards, and the consequences of each action. The best course of action includes whistleblowing, maintaining accounting standards, and leveraging long-tenured employees' expertise. The analysis also highlights the responsibilities of a financial professional, such as protecting public interest, meeting competing demands, and adhering to professional accounting practices. The case study highlights the importance of ethical conduct, transparency, and the evolving role of accountants in the face of organizational pressure and potential conflicts of interest. The case underscores the importance of ethical decision-making in finance and accounting.