We will use Case Study 4 to learn about professional guidance on ethics and laws implemented to protect whistleblowers. Cite all the sources you discuss in your work.
Read the case and answer the following questions:
1. After reading Part I of the case, browse through
AICPA Code of Professional Conduct
(Part 2 – Members in Business)
IMA Statement of Ethical Professional Practice
. Based on what you read, what do you think is the right thing George can do?
2. After reading Part II of the case, look at the whistleblower provisions for the Sarbanes Oxley Act (SOX) that was passed in 2002 and the section of the Dodd-Frank Act of 2010 related to whistleblowers (briefly discussed on page 1-20 of the textbook as well). Compare and contrast these two laws and discuss how effective SOX was in terms of protecting whistleblowers (What can and can’t it do for whistleblowers?) and how Dodd-Frank improved the whistleblower protection.