Case 8-13 Mohamed Salem El-Hadad, Internal Auditor

Case 8-13 Mohamed capital of Oregon El-Hadad, immanent Auditor 1. Identify and briefly outline the legal protections that whistleblowers open in the linked States. Sarbanes-Oxley shape Section 806 Whistleblower fortress SEC. 806. PROTECTION FOR EMPLOYEES OF publicly TRADED COMPANIES WHO PROVIDE usher OF FRAUD. Sec. 1514A.Civil action to protect against retaliation in ruse cases (a) WHISTLEBLOWER PROTECTION FOR EMPLOYEES OF PUBLICLY TRADED COMPANIES- No comp all with a partition of securities registered under section 12 of the Securities trade Act of 1934 (15 U. S. C. 78l), or that is required to lodge reports under section 15(d) of the Securities Exchange Act of 1934 (15 U. S. C. 8o(d)), or each officer, employee, contractor, subcontractor, or element of such comp both, may discharge, demote, suspend, threaten, harass, or in both other manner purloin against an employee in the terms and conditions of employment because of any lawful act d ane by the employee (1) to provide randomness, cause information to be provided, or otherwise assist in an investigation regarding any conduct which the employee sanely believes constitutes a violation of section 1341, 1343, 1344, or 1348, any rule or statute of the Securities and Exchange Commission, or any planning of Federal law relating to tarradiddle against shareholders, when the information or assistance is provided to or the investigation is conducted by (A) a Federal regulative or law enforcement agency (B) any Member of Congress or any committee of Congress or (C) a person with supervisory authority everyplace the employee (or such other person functional for the employer who has the authority to investigate, discover, or terminate misconduct) (sox-online. com/act). As stated above employees are saved against any retaliation from employers concerning their job position. 2. Should U. S. companies unify legal protections for familiar whistleblowers into their internal carry systems? Defend your answer. I think that U. S companies should integrate legal protections for internal whistleblowers into their internal control systems. Doing so will hallow employees the confidence to expose fraudulent and irregular activity. differentwise an individual will not step forward with information regarding outlaw(prenominal) matters because of the penalties they will have to pay. Some employers have the power to prevent individuals from obtaining jobs in the uniform field by giving with child(p) references. 3.Suppose that during your career you discover a fraud similar to that uncovered by Mohamed Salem El-Hadad. List specific measure that you could take for granted to protect yourself from recriminations by your employer or other parties. A few steps one could take to protect themselves from recriminations by their employer or other parties are Document any suspicions, take pictures, record phone conversations. take note records of all items that might cause problems in th e future. 4. Did El-Hadad face an ethical or honorable predicament when he discovered the fraud universe perpetrated by his superior and patron? Before responding, define ethical quandary and moral dilemma.An ethical dilemma is a circumstance that a person faces concerning a decision round proper behavior. It commonly involves a space in which the eudaemonia of one or more other individuals is affected by the outcome of the decision. A moral dilemma is a situation that an individual faces involving a decision about whether an act is ethical. El-Hadad faced an ethical dilemma when he discovered the fraud being committed by his superior and friend. Cites http//www. sox-online. com/act_section_806. hypertext markup language Knapp, M. C. (2013). Madoff Securities. In M. C. Knapp, Contemporary AuditingReal Issues And Cases Mason South-Western. Whittington, R. (2012). Principles of Auditing & Other Assurance Services. New York McGraw- Hill/Irwin.