Daniel, a certified public accountant, was hired by vast hardware store to
perform an audit on the store's financial statements. in their agreement was a
clause stating that the audited financial statements would be used to obtain
further inventory financing from second bank or another local bank." daniel
completed the audit and issued an unqualified opinion. eventually vast
hardware obtained the financing from sharp national bank - which is another
local bank. unfortunately, daniel had been negligent in conducting the audit,
and the inventory had been greatly overstated. as a result, there was
inadequate collateral for sharp's loan, and when vast hardware went bankrupt
a few months later, sharp bank suffered a loss. under which rule or rules for
accountant's liability to third parties could sharp national bank recover from
daniel? (discuss all rules that may apply)

David burdick is the ceo of acme bubblegum, a successful public company. as one of the cofounders of the company, burdick has enjoyed speaking and writing about the success of acme bubblegum for several years. typically, he speaks at conferences or directly to the press, but recently, he has been blogging about his firm anonymously. specifically, he defended a recent advertising campaign that was unpopular among consumers and pointedly attacked one of acme bubblegum’s competitors. burdick deeply enjoys his anonymous blogging and believes that none of his readers actually know that he works for acme bubblegum.should burdick be allowed to praise his company’s performance anonymously online? should he be allowed to attack his competitors without disclosing his relationship with the company? how would you feel if the ceo of a company at which you shopped was secretly writing criticisms of his or her competition? how would you feel if you knew a writer for your favorite blog was actually closely involved in a company that the blog discussed? 1. define the ethical issue? 2. who are the primary stakeholders? 3. what are the possible alternatives? 4. how could you evaluate the ethical implications of the alternative actions (use appropriate decision rules)? 5. what action would you recommend and why?