5e Arer Moving to another question will save this response. Question 14 of 15 Question 14 20 points Case Study: Improper accounting for sales You are one of three partners in a firm of accountants. Five years ago the firm was appointed as external accountants to a young, successful and fast-growing company, engaged to prepare year end accounts and tax returns. The business had started trading with a handful of employees but now has a workforce of 200, while still remaining below the size of company requiring a statutory audit. Due to your close relationship with the directors of the company (who are its ownets) and several of its stall, you become aware that staff purchases of goods manufactured by the company are authorised by production managers, and then processed outside the accounting system. The proceeds from these sales are used to fund the firm's Christmas party Questions: a. Would omitting income from staff sales result in the financial statements and returns to the tax authority being misleading? h. Is the practice dishonest, and what should be your involvement? c. How will you maintain your objectivity when deciding on a course of action? d How should you act in order to protect your reputation and that of your firm and your profession? TTTT Paragraph Arial # 3 (12pt) T T HTML CSS Of Mapo