Sam Cresco, president of Cresco Company, has instructed Sharon Gross, the head of the accounting department for

Question:

Sam Cresco, president of Cresco Company, has instructed Sharon Gross, the head of the accounting department for Cresco Company, to report the company's land in the company's accounting reports at its fair value of $170,000 instead of its cost of $100,000.
Cresco says, "Showing the land at $170,000 will make our company look like a better investment when we try to attract new investors next month."

Instructions
Explain the ethical situation involved for Sharon Gross, identifying the and the alternatives.

Stakeholders
A person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees,...