Reallocate a signifant amount of accrued division

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Reference no: EM132920448

The CEO in a corporation instructed the general accounting department to reallocate a signifant amount of accrued division expense in order to meet budget targets. The general accounting department refuses to grant the request but the journal entry was done by the corporate affairs office. The accountant in the general accounting department was not comfortable and brings his concerns to the Chief Finance Officer who assured him that everything will be alright. The accountant considers resigning but he does not have anywhere to trasfer at the moment and he is worried about supporting his family. Finally, he never voices his concerns to eiher the internal or external auditors. Required: Based on the fraud triangle, categorize the above scenario. Justify your answer.

Reference no: EM132920448

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