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<blockquote data-quote="Vishal Singh" data-source="post: 46741" data-attributes="member: 9217">What would be your approach in the following questions?1) My senior asked me to cover for him on his timesheet report to inflate the bill charged to the client. Should I do it?2) You are the finance director at an MNC Company with 500+ employees. The company has been under a lot of pressure recently, and everyone knows that it’s important for the future of the business that the annual report shows a healthy financial performance. The CEO approaches you and tells you that you should leave a large loan and advances off this year’s report and include it next year; the report goes out on 31 March. The CEO informs you that a poor financial outlook could threaten jobs at the company, including your own. The CEO is asking you to produce misleading reports and if you were to produce the report in the way the CEO has asked, falsely moving loans and advances into the next financial year, you would be in breach of the Code of Ethics as well as the Companies Act. Producing the misleading reports would also create a major risk to the company. It would be fraudulent, and the company could face legal action if discovered. What would you do in this instant case?</blockquote>

[QUOTE="Vishal Singh, post: 46741, member: 9217"] What would be your approach in the following questions? 1) My senior asked me to cover for him on his timesheet report to inflate the bill charged to the client. Should I do it? 2) You are the finance director at an MNC Company with 500+ employees. The company has been under a lot of pressure recently, and everyone knows that it’s important for the future of the business that the annual report shows a healthy financial performance. The CEO approaches you and tells you that you should leave a large loan and advances off this year’s report and include it next year; the report goes out on 31 March. The CEO informs you that a poor financial outlook could threaten jobs at the company, including your own. The CEO is asking you to produce misleading reports and if you were to produce the report in the way the CEO has asked, falsely moving loans and advances into the next financial year, you would be in breach of the Code of Ethics as well as the Companies Act. Producing the misleading reports would also create a major risk to the company. It would be fraudulent, and the company could face legal action if discovered. What would you do in this instant case? [/QUOTE]

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