16. Dalbeck, a CPA, serves on the Alumni Admissions Committee of his alma mater. As...
90.2K
Verified Solution
Link Copied!
Question
Accounting
16.Dalbeck, a CPA, serves on the Alumni Admissions Committee of his alma mater. As part of his duties, he interviews and evaluates applicants for this prestigious college and ranks them on a scale of 1 to 10. If he gives an applicant a high ranking, the Alumni Admissions Committee reviews the applicants credentials and makes the final recommendation concerning admission. If he gives an applicant a low ranking, their admission is automatically denied. In accepting this volunteer position, Dalbeck agreed to be impartial.
a. Allison, the high school valedictorian in Dalbecks community now is applying for admission to this college. Allison is a close friend of Dalbecks daughter Emily. Does Dalbeck have a conflict of interest? Explain?
b. Does Dalbeck have a conflict of interest if valedictorian Allison attends the same church that Dalbeck attends? Explain?
c. Does Dalbeck have a conflict of interest if Allison is a member of an underrepresented ethnic group and Dalbeck feels strongly that the college needs to admit more members of this ethnic group? Explain?
d. In which of these cases, if any, does Dalbeck, have a duty under the Code of Conduct to make appropriate disclosures to the university? Explain?
e. Assume instead that Dalbeck was providing bookkeeping services to the Alumni Organization on a pro bono basis. Would the scope of Dalbecks disclosure duties be affected by the fact that he was donating his services as an unpaid volunteer?Explain?
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!