An accounting ethics case from multiple perspectives

This case addresses ethical accounting issues often faced by the accounting profession using the activities of the investment group WWM, Inc. Based on the actions of real individuals and their companies, WWM, Inc. helps financially-distressed businesses obtain loans from financial institutions via a “Leveraged Asset Plan,” which provided necessary collateral for loans. Acting as a member of an Accounting Regulatory Board, you will examine the circumstances surrounding this company from multiple ethical perspectives and professional codes of conduct. The goal of the case is to (1) increase your understanding of ethical frameworks and professional codes of conduct and (2) learn how to apply these ethical frameworks to decision making.