Unscrupulous Partner Ethical Dilemma
... In the case study, The Unscrupulous Partner, Andy Fuller, a tax partner from a large CPA firm, has to decide if she should expose her client’s unethical profit taking after she resigned from the tax arrangement. ... Andy is now faced with an ethical decision of revealing the truth or maintaining the important rule of confidentiality. ... In short, there was an obvious attempt to bunch expenses in the current year and revenues in the following year because the general partner’s compensation was based on a percentage of expenses and a share of profits in excess of $100,000. The purpose of this manipulation was so the general partner could maximize his personal income at the expense of the limited partners. ... Ed, the general partner, will lose money and not benefit anymore at everyone’s expense. ... The advantages of choosing this alternative include Andy’s integrity and honesty will be maintained, the limited partner’s loss will be prevented, the general manager will be exposed and no longer receive additional income for his personal benefit, the confidentiality rule will not be violated, and the firm will gain respect and trust.