Required to provide an analysis of ABC learning

ABC
Learning Centers went public in 2001 with a market capitalization of
$25,000,000. After a period of aggressive expansion its market
capitalization reached $2,500,000,000. The company then went into
liquidation in 2008. You are required to provide an analysis of ABC
Learning’s downfall from the point of view of corporate social
responsibility, common good and stewardship.

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Your
report should cover the following:

  1. What
    was the purpose of the audit, and was it achieved? Discuss.
  2. Provide
    an evaluation of the collapse of ABC Learning about ‘common good’,
    ‘stewardship’, and ‘corporate social responsibility’.
  3. Identify
    ethical issues which contributed to the downfall of ABC Learning by
    stating the underlying ethical theory (ies).
  4. How
    did unethical practices affect stakeholders? Discuss. Critically
    evaluate the role of auditors in detecting unethical conduct.

Your
report should consist of the following sections:

  • Assignment
    cover sheet (with full name, student ID and signature)
  • Introduction
  • Table
    of contents
  • Body
    (answers to questions)
  • Conclusion(s)
  • References
  • 1,500
    words ± 10% (excluding references and appendices)

#

Maximum
marks

Allocated
marks

Comments

1

Introduction

2

2

Purpose
of the audit

4

3

Evaluation
of collapse with respect to corporate social responsibility,
common good and stewardship

7

4

Identification
of ethical issues and discussion of those issues with respect to
relevant ethical theories’

7

5

Effect
of unethical practices on stakeholders and evaluation of the
auditor’s role.

6

6

Conclusion

2

7

Presentation

2

Total

30