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Management exerts pressure to reduce tax liabilities

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Reference no: EM131975975

1. What is the appropriate ethical response when senior management sets unreasonable or unduly aggressive financial targets?

2. How should a financial professional respond when senior management exerts pressure to reduce tax liabilities? Is some pressure appropriate? When does the pressure become inappropriate?

3. What should a financial professional do when he or she finds out that senior management is committing financial fraud? Does your answer change when the finances of a company are dominated by an individual or a group of individual without adequate control?

4. What should a financial professional do when he or she discovers improper or fraudulent disclosures or omissions?

Reference no: EM131975975

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