Bell Systems, located outside Atlanta, develops computer software and licenses it to financial institutions. The firm uses an aggressive accounting method that records revenues from the software it has developed on a percentage of completion basis. Consequently, revenue for partially completed projects is recognized based on the portion of the project that has been completed. If a project is 50 percent completed, then 50 percent of the contracted revenue is recognized. In 2010, preliminary estimates for a $7 million project are that the project is 75 percent complete. Because the estimate of completion is a matter of judgment, management asks for a new report showing the project to be 90 percent complete. The change will enable senior managers to meet their financial goals for the year and thus receive substantial year-end bonuses. Do you think management’s action is ethical? If you were the company controller and were asked to prepare the new report, would you do it? What action would you take?