Ethical principles
It is clear from his actions that Brian acted in an unethical way. He also violated all four principles associated with ethical conduct (Verschoor, 2018). He first violated the rule of objectivity by using the lowest computing price of the amount due by the lumber’s organization. To be objective implies that personal gains and feelings should not influence one’s decisions. The principle also requires impartial and dispassionate evaluating of all the conflicting points. Assessment should be carried out before conduction an optimal conclusion.
Brian did also not portray responsibility in his actions. He appeared to vest all his interest in the acquisition of lumbar, and he knew acquiring lumber at the lowest possible price would only result in fraud. He was also not fair since he intended to achieve the lumbar at a lower price than other existing clients. He should also have demonstrated honesty: this could have been through communicating with the management about his actions and intentions (Butcher, 2019). His initial act, where he followed the business policy associated with the requisition, entailed competence. The actions also portrayed adherence to laid down regulations and rules related to purchasing products within Avett manufacturing company. From my perspective, Brian should have applied the average cost met by Avett organization while acquitting his lumbar. He could have also used several of the costing strategies before arriving at the price; this should have replaced his initial actions of taking the lowest possible price. It could also be crucial if Brian considered applying IMAs principles of ethics (Verschoor, 2017). The regulations include responsibility, fairness, objectivity, and honesty. The principles would have been of great help in assisting him to be ethical. However, his behaviors indicated a lack of adherence to all the governing ethical behavior related to accountants.
References
Verschoor, C. C. (2017). Ethics attitudes differ among generations: understanding generational differences can provide insights into approaching ethical standards and culture within an organization. Strategic Finance, 98(8), 19-21.
Butcher, D. (2019). ADAPTING ACCOUNTING ETHICS TO NEW TECHNOLOGY. Strategic Finance, 101(1), 19-20.
Verschoor, C. C. (2018). ETHICAL CULTURE MOVES TO CENTER STAGE: In step with IMA’s stance on moral issues, corporate ownership gives more prominence to the quality of the ethical culture in organizations. Strategic Finance, 99(7), 21-23.