During the course of preparing budgeting projections in a consulting engagement, you learned that your client might

Question:

During the course of preparing budgeting projections in a consulting engagement, you learned that your client might be engaged in illegal price-fixing with its distributors and franchisees. The client is a closely held family-run and you are not the client's auditor. Do you have a duty to disclose this activity to government authorities?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...