Note: Read the given scenario and write 1-2 pages memorandum on the instructions given below. Must include 2-3 references in APA. Your work must be 100% original.


You recently joined as Chief Financial Officer (CFO) of a privately-held multinational technology company positioning itself for a public offering; the Chief Executive Officer (CEO) of that company is considered an entrepreneurial genius. For the past twelve months the company has experienced increasing growth and profitability along with a growing cash position. The plan is for the company to undertake an initial public offering in twelve months. To that end, the Board of Directors determined that the company should conduct itself as if it were a public company, including requiring (as required The Sarbanes-Oxley Act of 2002) the CEO and the CFO to issue a statement certifying that: (i) the accompanying financial statements and disclosures fairly present, in all material respects, the operations and financial condition of the company; and (ii) the company has been operating in a socially responsible and ethical manner.

The CEO had been signing such statements each quarter and presenting such statements to the Board of Directors and its Preferred Shareholders (outside investors). As the new CFO (the CEO had been performing such responsibilities), you will need to sign the upcoming certification statement within thirty (30) days following the end of upcoming quarter. In essence, you will need to sign the statement within ninety (90) days from the date on which you joined the company.

In the course of getting acclimated to your new position you discover:

1.       Your company states on its website that it complies voluntarily with the US – EU Safe Harbor Framework for purposes of being able to transfer personal information of EU citizens to the United States of America.

2.       Your company has failed to re-certify that it complies voluntarily with the US – EU Safe Harbor Framework, which was due six months earlier.

3.       Conclusion: The company certification lapsed; you can re-activate your certification, but you cannot “fix” the lapse in time.

The fundamental question: Based upon the information below, do you sign the certification without or with qualification, or refuse to sign the certification.


Explain in the form of a Memorandum minimum 1-2 pages, concisely written, your decision as well as such decisions relationship to Corporate Social Responsibility. In your memorandum you need to identify the following:

  • 1.       Applicable Facts and Alternative Courses of Action
  • 2.       Stakeholders and Stakeholder Perspectives
  • 3.       The Ethical Dilemma and Evaluate Using an Ethical System From The Text.


Don't hesitate - Save time and Excel

Are you overwhelmed by an intense schedule and facing difficulties completing this assignment? We at GrandHomework know how to assist students in the most effective and cheap way possible. To be sure of this, place an order and enjoy the best grades that you deserve!

Post Homework