The HVAC Company specializes in the installation of heating, ventilation, and air conditioning in large projects such as domed stadiums, military bases, airports, and multi-storied buildings. Its contracts usually take two to three years to complete and, at any fiscal year end, this percentage of work completed represents a sizable percentage of its assets. The company is privately held and has a senior management group whose compensation is based almost entirely on the earnings results for the year. As the CFO, you have been reviewing the year-end estimated percentage of completion figures, which have been provided to you by the project managers responsible for the completion of the various contracts. This year has not been as successful or as active as previous ones, and the two senior founders of the company have asked you to bring in a net income figure at least equal to the last couple of years. In your mind you know that the project managers’ estimates are somewhat fluid, and you have been contemplating making the requested adjustments.

Instructions

Answer the following question:

· How would you handle the request of the two senior partners?

· What additional analysis can you draw from the information. Please think about what possibly could be going on within the scenario other than the issues you analyze for answering the questions. Do some additional critical thinking

Sample solution

Dante Alighieri played a critical role in the literature world through his poem Divine Comedy that was written in the 14th century. The poem contains Inferno, Purgatorio, and Paradiso. The Inferno is a description of the nine circles of torment that are found on the earth. It depicts the realms of the people that have gone against the spiritual values and who, instead, have chosen bestial appetite, violence, or fraud and malice. The nine circles of hell are limbo, lust, gluttony, greed and wrath. Others are heresy, violence, fraud, and treachery. The purpose of this paper is to examine the Dante’s Inferno in the perspective of its portrayal of God’s image and the justification of hell. 

In this epic poem, God is portrayed as a super being guilty of multiple weaknesses including being egotistic, unjust, and hypocritical. Dante, in this poem, depicts God as being more human than divine by challenging God’s omnipotence. Additionally, the manner in which Dante describes Hell is in full contradiction to the morals of God as written in the Bible. When god arranges Hell to flatter Himself, He commits egotism, a sin that is common among human beings (Cheney, 2016). The weakness is depicted in Limbo and on the Gate of Hell where, for instance, God sends those who do not worship Him to Hell. This implies that failure to worship Him is a sin.

God is also depicted as lacking justice in His actions thus removing the godly image. The injustice is portrayed by the manner in which the sodomites and opportunists are treated. The opportunists are subjected to banner chasing in their lives after death followed by being stung by insects and maggots. They are known to having done neither good nor bad during their lifetimes and, therefore, justice could have demanded that they be granted a neutral punishment having lived a neutral life. The sodomites are also punished unfairly by God when Brunetto Lattini is condemned to hell despite being a good leader (Babor, T. F., McGovern, T., & Robaina, K. (2017). While he commited sodomy, God chooses to ignore all the other good deeds that Brunetto did.

Finally, God is also portrayed as being hypocritical in His actions, a sin that further diminishes His godliness and makes Him more human. A case in point is when God condemns the sin of egotism and goes ahead to commit it repeatedly. Proverbs 29:23 states that “arrogance will bring your downfall, but if you are humble, you will be respected.” When Slattery condemns Dante’s human state as being weak, doubtful, and limited, he is proving God’s hypocrisy because He is also human (Verdicchio, 2015). The actions of God in Hell as portrayed by Dante are inconsistent with the Biblical literature. Both Dante and God are prone to making mistakes, something common among human beings thus making God more human.

To wrap it up, Dante portrays God is more human since He commits the same sins that humans commit: egotism, hypocrisy, and injustice. Hell is justified as being a destination for victims of the mistakes committed by God. The Hell is presented as being a totally different place as compared to what is written about it in the Bible. As a result, reading through the text gives an image of God who is prone to the very mistakes common to humans thus ripping Him off His lofty status of divine and, instead, making Him a mere human. Whether or not Dante did it intentionally is subject to debate but one thing is clear in the poem: the misconstrued notion of God is revealed to future generations.

 

References

Babor, T. F., McGovern, T., & Robaina, K. (2017). Dante’s inferno: Seven deadly sins in scientific publishing and how to avoid them. Addiction Science: A Guide for the Perplexed, 267.

Cheney, L. D. G. (2016). Illustrations for Dante’s Inferno: A Comparative Study of Sandro Botticelli, Giovanni Stradano, and Federico Zuccaro. Cultural and Religious Studies4(8), 487.

Verdicchio, M. (2015). Irony and Desire in Dante’s” Inferno” 27. Italica, 285-297.

Sample Answer

Sample Answer

 

 

To address the request of the two senior partners while maintaining ethical standards and financial integrity, several steps need to be taken:

1. Review of Estimated Percentage of Completion Figures: As the CFO, it is crucial to conduct a thorough review of the estimated percentage of completion figures provided by the project managers. Verify the accuracy and consistency of the estimates by comparing them with actual progress on each project. Any discrepancies or potential inaccuracies should be addressed and rectified before making adjustments.

2. Evaluation of Financial Implications: Analyze the financial impact of adjusting the estimated percentage of completion figures to meet the desired net income target. Consider the potential consequences of manipulating the figures, such as misrepresentation of financial performance, violation of accounting standards, and legal implications. It is essential to prioritize transparency and accuracy in financial reporting.

3. Communication with Senior Partners: Engage in open and transparent communication with the senior partners regarding the financial performance of the company. Provide a detailed analysis of the current status of projects, potential risks and challenges, and realistic projections for net income based on accurate data. Discuss alternative strategies for achieving financial goals without compromising ethical standards.

4. Ethical Considerations: Uphold ethical principles and professional integrity in financial decision-making. Avoid engaging in fraudulent activities, misrepresentation of financial information, or manipulation of accounting records to artificially inflate net income figures. Compliance with accounting standards and regulations is paramount to ensure credibility and trustworthiness in financial reporting.

Additional Analysis:

Beyond the immediate concerns of meeting net income targets, it is essential to consider the long-term sustainability and reputation of the HVAC company. By focusing solely on short-term financial goals and pressuring for adjustments in estimated completion figures, the company may risk damaging its credibility, integrity, and stakeholder trust. Moreover, relying heavily on subjective estimates provided by project managers without adequate verification processes can introduce uncertainty and inaccuracies in financial reporting.

Furthermore, the emphasis on senior management’s compensation being tied predominantly to annual earnings results raises concerns about potential conflicts of interest and short-term decision-making. It is crucial to align incentives with long-term company performance, sustainability, and stakeholder value creation rather than solely focusing on immediate financial targets.

In conclusion, navigating the complexities of meeting financial expectations while upholding ethical standards requires a balanced approach that considers transparency, accuracy, ethical principles, and long-term goals. By fostering a culture of integrity, accountability, and responsible financial management, the HVAC company can sustain its success and reputation in the industry.

 

 

 

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