Question: i just have this.. please help me anyway. rtanswer question in this part is worth 20 marks. Question 1 Assume you are working as an

 i just have this.. please help me anyway. rtanswer question in

i just have this.. please help me anyway.

rtanswer question in this part is worth 20 marks. Question 1 Assume you are working as an accountantin a major supermarket chain, Coleworth, which is a listed company financial year low cost competitor supermarkets increased their market share, resulting in Coleworth's down 10%. You are now finalising the draft financial statements, and the Chief Financial Officer (CFO) has approached you saying do whatever you have to do, just make sure these accounts show a profit as big as last year. The industry knows lost market share, you have to make it look like we're managing it. Your only option is to revise some of numbers to the profit larger, and you don't think this is justified. But you're very worried if you don't you'll lose yourjob Analyse your approach to this ethical dilemma with reference to: i) Utilitarian ethical theory ii) Deontological ethical theory iii) APES 110 Code of Ethics for Professional Accountants. 20 marks rtanswer question in this part is worth 20 marks. Question 1 Assume you are working as an accountantin a major supermarket chain, Coleworth, which is a listed company financial year low cost competitor supermarkets increased their market share, resulting in Coleworth's down 10%. You are now finalising the draft financial statements, and the Chief Financial Officer (CFO) has approached you saying do whatever you have to do, just make sure these accounts show a profit as big as last year. The industry knows lost market share, you have to make it look like we're managing it. Your only option is to revise some of numbers to the profit larger, and you don't think this is justified. But you're very worried if you don't you'll lose yourjob Analyse your approach to this ethical dilemma with reference to: i) Utilitarian ethical theory ii) Deontological ethical theory iii) APES 110 Code of Ethics for Professional Accountants. 20 marks

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