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ABC Learning Centers went public in 2001

    ABCLearning Centers went public in 2001 with a market capitalization of$25,000,000. After a period of aggressive expansion, its market capitalization reached $2,500,000,000. The company then went into liquidation in 2008. You are required to provide an analysis of ABCLearning’s downfall from the point of view of corporate social responsibility, common good and stewardship. Your report should cover the following: What is the purpose of the audit, and was it achieved? Discuss.

    Providing evaluation of the collapse of ABC Learning about ‘common good’,‘stewardship’, and ‘corporate social responsibility. Identify ethical issues which contributed to the downfall of ABC Learning by stating the underlying ethical theory (ies). How do unethical practices affect stakeholders? Discuss. Critically evaluate the role of auditors in detecting unethical conduct.

    Your report should consist of the following sections: Assignment cover sheet (with full name, student ID, and signature)IntroductionTableof contentsBody(answers to questions)Conclusion(s)References 1,500words ± 10% (excluding references and appendices)#MaximummarksAllocatedmarksComments1Introduction22Purposeof the audit43Evaluationof collapse with respect to corporate social responsibility, common good and stewardship74Identificationof ethical issues and discussion of those issues with respect to relevant ethical theories’75Effectof unethical practices on stakeholders and evaluation of the auditor’s role.66Conclusion27Presentation2Total30

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