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Running head: ETHICAL STANDARDS1Ethical StandardsInstitution AffiliationInstructors NameStudents NameCourse CodeDateETHICAL STANDARDS2Ethical StandardsIntroductionEthical standards are expected to be practiced by every person in the business to ensurethat moral behavior is achieved. Regardless of the organizations financial position, it is notappropriate to allow individuals to manipulate the data for financial gain. Therefore, managersand employees are expected to adhere to the code of conduct and run the business in the best andmost appropriate method possible. It is essential for one to note that the norms, values, andethical practices are the principles that guide and run the business as they help the company tobuild, connect, and create positive relationships with the stakeholders (Donaldson, 2013). In thiscase, the finance manager is faced with an ethical dilemma where the decisions made willdetermine the future position of the firm.Part 1 what are your ethical challenges?After listening to the consultants ideas about the companys situation, there have beensituations where the firm has been forced to undertake inappropriate measures to remain inoperations. However, there are ethical challenges that are arising, based on the firms policies; itis inappropriate to manipulate the reports even when the situation does not favor the firm. On theother hand, the current financial position of the firm cannot sustain the operations ...


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