Patricia Green
University of Phoenix
ACC/260
Accounting Ethics-Keeping it Clean
AAEV10EJV5
Danialle Evans
November 27, 2011
Good Afternoon,
The problem with Sonox affecting the water in the lake has been brought to the attention of Kardells board of topors. mixed tests containing unfavorable results have surfaced and the corporation feels an obligation to take warm safety precautions, taking necessary steps to right the ill-timed to society. Consideration has been given to each of the stakeholder groups and their concerns.
Kardell healthy Counsel holds to the flavour there are no profound ramifications associated with Sonox, since charges have never been upheld in a court of integrity. Since there is no direct link between Sonox and the occurring health issues, the council feels the company cannot be held liable. Kardell Legal Counsel holds that the company cannot be held responsible for the contamination since it shares the lake with cardinal other industrial sites. Kardell has upheld all provincial regulations, believing the law of the land depart rule in their favor, if sued. The legal council agrees the calculate should be exploreed and holloed.
The best approach is a forward approach, and Kardell is wretched forward to ensure the safety of our community as thoroughly as profitability of the company. Council may also want to address the matter of the dismissals Kardells management made over the old test results. Kardell needs to become proactive in addressing the legal ramifications that could result because the board of directors chose to ignore it. The company is publicly owned, and will have to restate the financial statements to the Security Exchange Commission, and cave in full disclosure of the previous reports, placing the financial life of the company in danger. The council has a last issue to address, and that is the legal ramifications of an employee reservation copies of studied research paid for by the company, and taking the research off...If you want to get a full essay, order it on our website: Ordercustompaper.com
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