ACCT 521-D03
Integrative Case 1-50
a)I can justify what Charles did was wrong in the principles of accounting. Recording fraudulent sales is fraudulent behavior and goes back to the case of Arthur vs. Anderson.
The president wanted the company to appear healthier financially to attract investors and shareholders to invest more money into the company.
As per Charles situation, I do see how he would be affected by this due to the hardships in his personal life and his job. Although the previous chief financial officer abruptly quit, Charles was in a different situation.
Although I don’t agree with that Charles was doing, I can see why he would perform this act of fraudulence.
b)Charles could have resigned from the position and moved out of town or state. Even if the president of the company made it hard for Charles https://www.solvedcollegepapers.com/product/acct-521-integrative-case
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