• April 14th, 2016

In November 2015, Cash Convertors, a public company listed on the Australian Stock Exchange was accused of exploiting and trapping vulnerable low income customers in a cycle of debt by charging extortionate interest rates up to 633% p.a.

Paper, Order, or Assignment Requirements

Your assignment is to provide:
1. An analysis of the issue faced by Cash Convertors under the ethical theories and ethical frameworks.
2. An evaluation of the case under the Agency theory.
3. An evaluation of the role of professional accountants in this problem vis-a-vis ethical standards for accountants. How would you deal with this situation if you were and accountant dealing with loans to customers at Cash Convertors.

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