According to Drucker 2017 a report commissioned by the government accused the

According to drucker 2017 a report commissioned by

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According to Drucker (2017), a report commissioned by the government accused the heavy-equipment maker Caterpillar of carrying out tax and accounting fraud.The type of fraud in the case of Caterpillar, is fraud committed on behalf of organizations in the form of financial statement fraud. Financial statement fraud, committed on behalf of an organization, is usually done to make the company’s reported financial results look better than they actually are (Albrecht, Albrecht, Albrecht, & Zimbelman, 2016). Caterpillar did not comply with either U.S. tax law or U.S. financial reporting rules (Drucker, 2017). These actions were both fraudulent and intentional. Upper management, other employees, the board of directors, and suppliers with a Consequentialism view These individuals with a Consequentialism view seek to collectively maximize the happiness or minimize the unhappiness of all that will be affected by fausifiyig the company’s financial statements. Upper management and the board of directors will see the monetary gain to all stakeholders as the right decision to make the financial results look better. Consequences of this action (increase in company financial reports), based on the
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