You are a new CFO (chief financial officer) at a Fortune 500
company. You are responsible for the financial statement of the
company. Your company has been sued because of bad products to the
tune of $3 Billion dollars.
Question one: What ethical issues would you face as you consider what to report in your company's annual report about the cash payments.
Question two: What is the ethical course of action for you to take in this situation?
Question three: What are some of the negative consequences to your company for not telling the truth?
Question one: What ethical issues would you face as you consider what to report in your company's annual report about the cash payments.
Question two: What is the ethical course of action for you to take in this situation?
Question three: What are some of the negative consequences to your company for not telling the truth?