
Business & Professional Ethics 6th Edition by Leonard Brooks
Edition 6ISBN: 9781133708087
Business & Professional Ethics 6th Edition by Leonard Brooks
Edition 6ISBN: 9781133708087 Exercise 51
I need your advice on an anonymous basis. I am a professional accountant employed by a company that imports bikes from China. Before I get into the issue, I wish to advise you that I really need this job as I am a single mother of two teenagers, and jobs like the one I have are hard to come by in the area where I live.
The company deceptively avoids paying the mandatory import duty on the bikes it imports. Last week, the president of the company asked me to prepare and provide him with a statement of the duty avoided on the purchase of these bikes for the past three years. He also asked that I sign off on this statement. The statement that I prepared and presented to him showed that $200,000 in customs duties has been avoided by the company in the period covered. Since I prepared that statement, I am having trouble sleeping at night.
What does our professional code say about this?
The company deceptively avoids paying the mandatory import duty on the bikes it imports. Last week, the president of the company asked me to prepare and provide him with a statement of the duty avoided on the purchase of these bikes for the past three years. He also asked that I sign off on this statement. The statement that I prepared and presented to him showed that $200,000 in customs duties has been avoided by the company in the period covered. Since I prepared that statement, I am having trouble sleeping at night.
What does our professional code say about this?
Explanation
Professional code to provide against the...
Business & Professional Ethics 6th Edition by Leonard Brooks
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255

