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1. Suppose you are an accountant for pre-fraud WorldCom. You have just been instructed by the CFO to alter specific company accounts in order to boost the company's numbers before fourth-quarter disclosures. You know the actions are unethical, but you fear that refusing to comply with executive orders may result in punishment and possible termination of your job. What would you do

Respuesta :

We would not change any specific company accounts before you in order to increase the company's figures.

What is an accountant?

  • An accountant is a person who practices accounting or accountancy.
  • Accountants who have passed their professional associations' certification tests can use titles like Chartered Accountant, Chartered Certified Accountant, Certified Public Accountant, or Registered Public Accountant.
  • Statute grants such professionals certain responsibilities, such as the ability to certify an organization's financial statements, and they may be held liable for professional misconduct.
  • Non-qualified accountants may work for a qualified accountant or independently, with no legislative privileges or obligations.

Ethical obligations of an accountant:

  1. Responsibilities.
  2. The Public Interest.
  3. Integrity.
  4. Objectivity and Independence.
  5. Due Care.
  6. Scope and Nature of Services.

As we are 100% honest with my work and work under ethics so I would not change any specific company accounts before you in order to increase the company's figures.

Therefore, we would not change any specific company accounts before you in order to increase the company's figures.

Know more about Ethical obligations of an accountant here:

https://brainly.com/question/2062054

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