tailieunhanh - Ebook Business ethics now (5th edition): Part 2

(BQ) Part 2 book "Business ethics now" has contents: The role of government, blowing the whistle, ethics and technology, ethics and globalization, making it stick - doing what’s right in a competitive market. | CHAPTER 6 THE ROLE OF GOVERNMENT 116  •  Business Ethics Now © John Aikins/Corbis RF After studying this chapter, you should be able to: 6-1 Identify the five key pieces of . legislation designed to LEARNING OUTCOMES discourage, if not prevent, illegal conduct within organizations. 6-2 Understand the purpose and significance of the Foreign Corrupt Practices Act (FCPA). 6-3 Calculate monetary fines under the three-step process of the . Federal Sentencing Guidelines for Organizations (FSGO). 6-4 Compare and contrast the relative advantages and disadvantages of the Sarbanes-Oxley Act (SOX). 6-5 Explain the key provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act. FRONTLINE FOCUS Too Much Trouble S usan is a junior accounting assistant with one of the largest auditing firms in the Midwest. Since the Enron fraud case and the passing of the Sarbanes-Oxley Act, her company has been very busy—in fact, it has so much business, it is starting to turn clients down. For Susan, so much business means great opportunities. Each completed audit takes her one step closer to running her own auditing team and finally to leading her own audit. The work is hard and the hours are often long, but Susan loves the attention to detail and the excitement of discovering errors and then getting them corrected. Also, knowing that the clients are releasing financial reports that are clean and accurate makes her feel that she is doing her part to restore the reputation of the financial markets one client at a time. One morning, her boss, Steven Thompson, comes into her office carrying a thick manila folder. “Hi, Susan, what are you working on right now?” he asks. Typical Thompson, Susan thinks. Straight to the point with no time for small talk. “We should be finished with the Jones audit by the end of the day. Why?” Susan replied. “I need a small favor,” Steven continued. “We’ve had this new .