{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Ch 2 ED - (Christmas and New Year would definitely impact...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Ethical Dilemma In short, the boss is asking for you to lie on an income statement and not record any bills until the start of the year. While he is making this seem like he’s trying to help you out, the main reason he is doing this is to gain a larger compensation benefit. Lastly, he is almost guaranteeing you a raise if you were to let the expenses slide. Basically, this is just plain illegal. To not record any of the expenses would be a misrepresentation of the company. Dropping off these figures during a busy season
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: (Christmas and New Year) would definitely impact the look of the company and influence peoples’ opinion about investing in the company. This is the same way that many big-name company scandals have happened (or at least started), so allowing this to happen would endanger the company. So unless a potential raise is worth breaking the law and putting the company in danger, I’d say to follow GAAP and record the expenses....
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online