BUS 401 - W1-Assignment - Challenges Facing Financial Managers
There are many challenges that financial managers face today. Two of the biggest challenges are that of maintaining ethical financial integrity and government intervention. When faced with ethical financial integrity and government intervention challenges, financial managers will need to keep in mind the overall activities of the firm/client in which they work for. They are required to maintain ethical financial integrity in order to keep a good moral standing for that firm. Ethical financial integrity choices should be conducted in an ethical manner, and government intervention laws should always be followed. In exploring an article on the ethics of legal commentary (Fleisch, 2007) we will see how commentators can hinder a trial. This paper will explore how important it is for financial managers to maintain ethical financial integrity and whether there should be government intervention on ethical codes for attorneys that serve as commentators. The first analysis will focus on the challenges facing financial managers in today’s society.