CASE 1:

Having considered these issues, I should determine the appropriate

course of action that is consistent with the fundamental principles
identified. I should also weigh the consequences of each possible course
of action. If the matter remains unresolved the consultant should
consult with other appropriate persons within the firm or employing
organization for help in obtaining resolution. If, after exhausting all
relevant possibilities, the ethical conflict remains unresolved, I
should, where possible, refuse to remain associated with the matter
creating the conflict. I may determine that, in the circumstances, it is
appropriate to withdraw from the engagement team or specific assignment,
or to resign altogether from the engagement, the firm or the employing
engagement.
CASE 2:
After an exhaustive study, conclusion came that the President should be
removed from his position. Therefore, sufficient data is to be obtained,
documented and evaluated in presenting the said conclusion. And all
significant matters relating to the result of the engagement are to be
communicated to the client. And the consultant must have an integrity in
which it imposes an obligation to be straightforward and honest in
professional and business relationships. I must do the right thing. I
will tell the President that he should be removed from his position and
I will present to him all the evidences and data being gathered that
shows he can no longer stay as a President in the company.
Case 2:
I must consult to the board of directors regarding the study. They
should make necessary actions to the result. The study showed that the
President of the company is not capable for the improvement of the
business.
Case 7:
I will accept the offer. Firstly, because we say business whether we use
it or not, it yields money for the company. Our business is concern
about management accounting practices. And for accepting it my business
is not coerce to use their products in order to us to assessment to
them. As our business is dealing with developing marketing program. We
are intended to so and not for the products they introducing. Lastly,
were intended to give them proper steps that will makes their business
successful.
CASE 2: If that is the case that the President should be removed from
his position, so be it. Consultant should have the integrity that is
free from intentional distortions and should have the ability to avoid
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bias and to maintain an impartial attitude and of course to maintain an

independent mental attitude. KAREN S. DIONIO
CASE 7: As the owner it is not ethical for me to accept the engagement
for some reasons. First, it is hard for me to assign the engagement to
my consultant because I have the feeling that it is wrong for others to
smoke, and of course my consultant knows that I do not smoke. Second, it
is hard for me and my consultant to market the products because I dont
have the experience or I dont want to have the experience of smoking
the tobacco, although marketing tobacco can be researchable. And
thirdly, I believe that tobacco is not beneficial to the clients when
health is concern. KAREN S. DIONIO
Case # 1
Before i accept that engagement i know my client is a large publicly
held corporation, we should tell to the highest management about all the
anomalies happen in their company. I think to be a policeman is not a
good idea for us to make because our work only is to defined the problem
and make the right decision out of it. Thats the reason why that client
hire us. I think he is all the right to make an act or move to his
employees involved that certain act. All we have to do is, what we have
discover we should not put in public. Leave it to the management.
Case # 5
Mr. President before i accept this engagement, i have an integrity to
maintain an independent mental attitude. For what the outcome of it. It
is from my investigation not for your recommendation. All i want is
fairness and free of intentional distortions or misstatements.
Case 2
As a consultant If the removal of the current president is the key for
the efficiency and effectiveness of the company, I will suggest that the
president will be removed from its position to the Board of Directors,
and then its up to the board to decide whether they will give him a
second chance or totally remove him off from its position.
Case 5
The response would I make is the reverse to what the president expects
and recommends to me, because the principles of "INTEGRITY AND
OBJECTIVITY" must be applied in doing my job. Integrity in a way that I
should be straightforward and honest in performing my services and free
from influence from the inside management and being "Objective" that my
work must be fair and not allow prejudice or bias.

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Case 1:
As a junior consultant you should be honest to your findings. Be
courageous enough to tell what is really going on with the company. As
long as you follow the terms and conditions in the engagement letter
signed by the two parties it is rightful. It is your duty and right as a
consultant to keep gathered information very private and confidential.
You have every right to tell or show your findings. Be confident enough
as a consultant to express your recommendations regarding to the
efficiency of the company.
Case 2:
If the conclusion after an exhaustive study reach to a point that the
president should be removed from his position then maybe it should be
implemented. First, you should approach the president regarding to your
conclusion. Then cite to him your opinions or recommendations. Discuss
with him the findings of your study and show him or prove him that it
has a assurance or reliability. Lastly, made him realized that yes,
truly, he has the problems why the company suffer. As he is the
president let him decide whether he will be staying to the company or
not. What is important is you do your job well with integrity.
CASE 5:
As a junior consultant who is assigned to conduct a study of a top
management your primarily concerned should be the strategy, structure,
management and operation of the organization. As a consultant you can
assist by identifying options and recommendations, providing additional
resources and implementation of solutions. You should place the
interests of your clients ahead for what she expects rather than to your
personal interests. As a consultant you should be aware of your conducts
and responsibilities to meet the clients needs.
CASE 6:
With this case, as a consultant you should put in your mind the words
"TO DO THE RIGHT THING". There must be an integrity and objectivity in
your work. As a basic responsibility of a management consultant you
should not misrepresent the facts and never subordinate judgment to
others. Even though the guy is the one who signs your paycheck, you must
consider your job first where your clients believe to the result of your
work and where you are putting your self in risk. You should remember
always the code of ethics in doing your work.
Case 5 :
As a consultant, taking responsibility to study the top management means
that any conclusions or results that you have discovered should not be
revised and be instructed by any of the top management. The
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recommendations and/or information provided by a consultant is

considered independent, objective and detached to the problems faced by
the organization. You can consider the recommendations and findings by
the President, but you have to make sure that it does exist, and can
provide solutions to the firm's problems. But as a consultant, in every
recommendations and findings you'll gonna offer, it will assist the top
management in the administration of the organization.

Case 8:
Ethical in the means that he offer/suggest a related firm for higher
visibility that could help in providing solutions for the problem. But ,
as a member of the firm that was asked, to spend approximate 10 percent
of the total fee is not ethical because as a private firm, we are not
obliged to pay them as suggested by the client. And unethical that he
has no confidence of our firm's capabilities to solve any deficiency of
the clients' firm. He should have entrusted it to us independently and
it will be our responsibility to observe and make analysis to the
specific problem than questioning our firms' independence, competence
and integrity. The reliance of the client is a big help for analytic
ability and experience in problem solution of our firm.
Case 6
Every organizations undergo several changes all the time which is a
natural dynamics for the growth of the organization. So as an internal
consultant, I should be independent, objective and detached to the
problems faced by the organization. I must evaluate and recommend
changes of the top management, including the guy who signs my paycheck
according to the data that I gathered and test performed during my
consultation. But, I know that there will be resentment among the
management which could never be avoided when it comes to changes. So as
a consultant, I will explained it to the management in a positive manner
for them to understand that this changes that I recommend is for the
betterment of the organization.
Case 7
As a sole owner of a management consulting practice that masters in the
field of Marketing, I will accept the engagement offered by one of the
major tobacco manufacturers which is a very profitable consulting
contract to develop a marketing strategy. Because according to the code
of ethics for management consultants, the consultants must place the
interest of clients ahead of personal interests and serve the client
with integrity. So, he must set aside his personal opinion about

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smoking. He must be professional when it comes to this situation, for

business is business.
CASE 2 :
After the exhaustive study that was made and come up to the conclusion
that the president should be removed from his position. This conclusion
is quite crucial, as the president is one of the most important person
in the company but as I discovered that the president should be removed
because of inappropriate doings he has done. Even though that he hired
our firm but still we should be flexible, fair and true to our clients
and also tour firm. I think we should discuss it to the president first
if he really know what he is doing about but if he refuse to do so we
should discuss it seriously to the head of the company that their
president should be remove because he is not a good asset to them, also
he is not following the rules, regulations and policies of the company,
as well as he is not a good model to the other member of the company.
Case #2:
After all the exhaustive study first thing that i should take into
action is to implement preliminary measures, as to informing the
president, because we cannot easily discharge the president from his
position without valid and worthy reasons, then search for the more
better idea than removing the president, by this the president may take
his time in knowing his shortcomings and uncertainties in the company
and may change it for the efficiency of the company. For all we know
being a president also tells us how high the percentage of his shares in
running the company. But if i have done all that can be possible in this
case and no improvement with regards to the performance of the president
it is better to file an appeal to the eviction of the president from his
position. :)
Case #5:
In this case, the instruction of the president is not in accordance with
the said study that is to conduct in the top management. The president
is not allowed to command what findings or result that should ne
acquired. Therefore my response to the president is that we should wait
for the test and studies to be fully finished and accept look for good
ideas for improvement in whatever results that the top management will
acquire
CASE 2
First, i should consider the feeling of the involve person, which the
president. immediate action should take place in order for the firm to
improve its efficiency. this conclusion must be reported to an external
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body as an enforcement or regulatory authority so that the company would

benefit from it. as an analyst i should consider the factors that would
help me find more ways and review it so that i could come up to an
optimum solution to solve the problem of the firm. lastly, the facts and
circumstances of each case need investigation by the parties concerned.
CASE 5
First, i should study the top management of the firm in order for me to
come up to an optimum solution. the best response would be, the study
should meet the expectations of the president. in order to meet his
expectations the findings of the should have a better influence to the
firm. so responding to the presidents expectation gives your company a
challenging tasks because he has given condition about what would be the
result that will come up later on. and because there were information
that were given late, you'll have to revise some of your results to
directly resolve or meet his
CASE 3
As a consultant, I should tell
control system designed by the
work and do what is right as a
in telling what is true, I may
something right and I stand in
only to myself but also to the

all that I find out about the financial

president. I must have integrity in my
consultant. I will face any consequences
lost my job but then I have done
my principles as a consultant. And not
client's and the company i'm serving.

CASE 2
The action that I should take is that I will talk to the president of
the company so that he will know right away what conclusion I have
arrived. We can discuss for another way to improve the company with out
removing him to the position. And I will review again my exhausted study
so that I can make sure of my work that I made. I must have assurance,
competence and integrity in the every work that im doing.

Case #5
Iwill tell the president what is the purpose why she hired me as their
consultant if I will follow whta she expected the recommendations and
findings to be. She hired me to make a study of top management to
determine any causes of the problems and ineffencies, if any, in their
company and to make an analysis to come up my findings to be the basis
of what recommendations and conclusions I can give. I will finish my
study to come up my own conclusion because that is the purpose why she
enganged in my firm and it will depend on the president if she follow
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what my findings are. And i believe thatb she hired me because of my

competence, that i have the ability and skills to define and identify
their needs.
Case# 7
Ethical Behavior is "doing the right thing".
It is not ethical for me to accept the engagement because I, myself do
not smoke. I believe because of my outstanding reputation in developing
successful marketing programs and if I will accept the engagement more
people will patronize thier product. We all know that smoking is very
dangerous to our health and I don't want to see people suffering from
diseases.

CASE #15
The assigned staff/s should always have sufficient supervision,
especially those who are newly hired. The management should also the
sufficient knowledge of the company being engaged with. And also they
should have the computer expert, either they will hire it or in their
own, in installation of a new Computerized Production System. The
management should also determine first the possible outcome before
accepting the engagement, either they are really able or capable to
handle the engagement or they are not. They should always remember that
in every engagement their name (JU and Grace, CPAs) and the future of
the company being engaged (Wonder, Inc.) is at stake if they will not be
careful or not thinking of it. And the worst was, the significant losses
because of the production system were crashed, significant backlogs and
loss of product sales.
CASE 10
1. Leo is the one affected because he is the one who gain expenses.
2. Yes, because Leo has a right to reimburse his expenses.
3. Yes because he is also a consultant.
4. For me. I will not ask for reimbursement, because the expenses is not
important. What is important is that the learning and experience that I
will gain or absorb.
5. I will thank him
CASE 4

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My judgment at this engagement is critical. A lot of matters shall be

given enough considerations, but then, in order to serve my client the
best way I can while maintaining my professional competence and
attitude, i shall go for a fair and truthful dealings. This way, they
shall know what are the consequence if ever they pursue their plan of
constructing a new wing. i shall be honest and straightforward enough to
tell him the real matter even if it will cost my engagement job with
them. I shall not compromise my professional or business judgment
because of my bias and conflicting interest
case 3
One of the qualifications of the consultant is being independent. They
are hired to make various recommendations and that should be implemented
towards the company. In this case if it is happen that the consultants
independence will be impaired, then I would suggest that he will abstain
from his job. But if he his courageous enough and sure by himself that
he can do his job rightly, then he may as long as he could maintain the
sense of integrity. The consultant should make valuable recommendation
that will convince that his recommendation could benefited more than
before. Most of all the consultant should not after the salary he could
compensate but foremost he should consider the service he could provide
is efficient.
case 10
In this case, Leo is a junior consultant at a medium sized management
consultancy firm. From this situation, the consultancy firm and the two
clients are the parties that are directly affected in this ethical
dilemma. I think Leo's decision to reimbursed those expenses will not
affect the image of the consultancy firm as long it will result a good
companion to the city. I think Leo's decision it will not affect to the
other consultant because it will depend to the consultants. If I were
Leo as a consultant and for the benefit of the firm I will go over to my
decision and never mind other business. If both clients paid P1,400 for
my expenses with no action on my part, I will represent my self to
return the excess of P1,400.
Case 3
In this case, as a management consultant you should bear in mind the
primary goal of the engagement and that is to improve client's
condition. Under the circumstances, there exist a conflict of interest
between the president and the dissenting shareholder. The consultant
should take the necessary steps in solving the conflict through
referring to the fundamental principles to have an idea on what action
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to take. You can ask for help from the people in-charge of the
governance like the BOD or Audit committee. On the other hand, the
report of the consultant should reflect the honest result of the
engagement even if the president will be upset because it is of primary
objective of the consultant to help improve the firm's system.
Case 4
As consultant, the standard require you to have personal attributes such
as integrity,independence in mental attitude and objectivity.
Objectivity dictates that you should avoid bias and maintain impartial
attitude in all matters under review. Even if the project seems to be
profitable, you should be honest with the result. Integrity dictates
that recommendation should be made free of intentional distortion and
misstatements just to reflect what the company wants regarding his
business. Finally, you should have independence in mental attitude, as
this is your obligation to the client in order to avoid impairment of
public confidence in the profession.
Case 4
In this case,it should not accept the offer because in the first place
you are not hired to study the case given by the hospital because they
already had the decision to make an extension for the hospital. Your
purpose for being hired is that to help the hospital sell the bonds
because of your good reputation. In this situation, you are required to
use the principle of objectivity that you should not allow bias,
conflict of interest or undue influence of others to override
professional or business judgment.
case#3
Professional skepticism would tell you not to tolerate this kind of
situation. Money is not merely the main concern here. Accepting the
engagement with integrity, and credibility will be the main reason of
engaging on it. Although the client was profitable still you are using
your name on it. You are just doing what is right and proper.Many are
being dependent on your work.

Case 3
I will tell the president that i saw some antiquate data in the
shareholders annual report. And as a consultant, I have the right to
advise them, what is the right action should they they do. I will talk
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the president sincerely about what he's doing is wrong. And it wasn't
right that he persuade the board of directors to discharge me because of
that particular reason. I will tell of what i think is right, and if he
didn't agree with me that will be the reason that I ask for a
resignation so that there's no need to discharge me..
Case 3
I will tell the president that i saw some antiquate data in the
shareholders annual report. And as a consultant, I have the right to
advise them, what is the right action should they they do. I will talk
the president sincerely about what he's doing is wrong. And it wasn't
right that he persuade the board of directors to discharge me because of
that particular reason. I will tell of what i think is right, and if he
didn't agree with me that will be the reason that I ask for a
resignation so that there's no need to discharge me..
Case 6
As an internal consultant of the company, I recommend that it must be
change management although the person involve here is the guy who signs
my paycheck. But the knowledge of knowing that you have contributed to
an organizations positive change of operations can be very fulfilling.
So as an internal consultant I suggest appointing an external management
consultant to make my recommendation and evaluation more reliable and
with integrity.
case study#8
Yes, it is ethical because in evaluating compliance with the fundamental
principles, a professional accountant maybe required to resolve a
conflict in the application of fundamental principle. And there are
relevant facts ethical issues involve, fundamental principles related to
the matter in question established internal procedures and alternative
source of action. It maybe in the best interest of the professional
accountant to document the substance of the issue and details of any
discussion held or decision taken, concerning that issue.

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