Question: here is the second poat POST 2 In this situation, admitting your serious miscalculations to the president has significant consequences. Being transparent may lead to

here is the second poat

POST 2 In this situation, admitting your serious miscalculations to the president has significant consequences. Being transparent may lead to embarrassment, damage to your professional reputation, and possibly disciplinary action. However, it also gives the president a chance to correct false information before continuing with the remaining speeches, helping to reduce harm to the company's credibility and stock price. Most importantly, admitting your mistake upholds the principles of integrity and trust, which are fundamental to the accounting profession (Kimmel et al., 2024). Not disclosing the miscalculations to the president can lead to much worse consequences. If the inflated projections are revealed laterperhaps through third-party analysis or poor performancethe trust in both you and the president could be damaged. This might cause a loss of investor confidence, increased regulatory scrutiny, and even legal action if the misinformation is considered fraudulent (IFAC, 2022). Hiding the truth damages ethical standards and can set a dangerous precedent in the organization's culture (Jones et al., 2022). Ethically, both you and the president must provide truthful, accurate information to stakeholders. Professional codes of conduct stress integrity, objectivity, and a dedication to the public interest, which take priority over personal or organizational embarrassment. Accounting professionals are expected to act ethically even under pressure and should report errors quickly to prevent them from worsening (Kimmelet al., 2024). In summary, although challenging, the most ethical and responsible action is to inform the president of the miscalculation without delay

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