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What are the ethical issues in play

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What are the ethical issues in play? What would you do in this situation and why? SITUATION: Tom works at an accounting office as a Chartered Accountant. His boss asks him to change some of the entries on a clients financial statements so the client's book's look better as Tom's boss will receive a bonus if the client reports positive profit for the previous quarter. Tom feels loyal to his boss as he helped him get his current job and he plays football with him on the weekends. Tom also needs his job as his wife is very sick and he needs the firms health care benefits to pay for her treatment.

Reference no: EM133014852

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