Accountin ethics
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- I have quoted you here today because as you know our financial situation is not the best, but I need your help, as you know we don't have enough to impress a potential investor, so I need you to 'fluff up' the financial statements of the company.
- But what things are you sayinh Mr. Schwarz?
- We are breaching our debt covenant and need to boost our current ratio; otherwise the bank will call our loan, and we'll be out of business. And yes, that means that you'll lose your job. I don't want you to lose your job, so help me out, okay?
- Sir, but you are crazy! ¿how can you think that we can do that?!
- I have called you here today because as you know our financial situation is not the best, but I need your help, as you know we don't have enough to impress a potential investor, so I need you to 'fluff up' the financial statements of the company.
- All right, sir, I'll do the job right away.
- Some time after covering the company's irregularities, John only realized what he was doing.
- After some time, the director of the investment company became aware of the irregularity that was taking place, which was a scam, and ended up charging Mr. Schwarz with the authorities.
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