Description
Please review the Ethics Case scenario on p. 836 in your text and answer the following questions.
- Who are the stakeholders in this situation? Should they be the preparers' main concern? Why? Why not?
- Was there anything unethical about the President's actions? Was there anything unethical about the controller's actions? Explain.
- Are the board members or anyone else likely to discover the misclassification? Explain.
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Explanation & Answer
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a) the stakeholders are controllers. there should not be prepared the main concerned because all issues here are well said and not main concerned.
b) for the president there was not but for controllers there was
c) nobody is likely to discover it because it is much hidden
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