Assume you are the controller of a company. its time to make a forecast of the company's annual earnings. You know that there are some additional losses that will be recognized before the companys prepares its financial statements. The president of the company has asked you to ignore the additinal losses.
A- What are the ethical implications in this scenario?
B - What dilemma does this controller face?
C - What action would you recomment?
D - What should the company do moving forward in the future?