Question: Harold discovers a material misstatement while auditing a client's accounts payable. The manger on the job tells Harold to ignore the error so that the

Harold discovers a material misstatement while auditing a client's accounts payable. The manger on the job tells Harold to ignore the error so that the client does not get upset. Harold wants to be viewed as a team player, so Harold follows the manager's instructions and ignores the misstatement. Which ethical theory did Harold use to make his decision?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

In this scenario Harold appears to have followed a form of ethical reasoning known as consequentialism Consequentialism is an ethical theory that eval... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!