Is this an ethical dilemma or a basic legal dilemma

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Reference no: EM13914415

Suppose you are the accountant for a small cabinet building shop, and it is the end of January. Your manager, who is also the owner of the business, is in the process of trying to get a loan from the bank. The owner must show financial statements from the previous year. The company had several thousand dollars in sales in January, and the owner wants you to include those sales in the previous year’s accounting records. You are worried, because you don’t want to upset your boss, but you also want to do what is right. Is this an ethical dilemma or a basic legal dilemma? Why? Explain how you would handle this situation.

Reference no: EM13914415

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