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Hot potato: this issue's dilemma.

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Vincent
PositionINFORM - Rules for financial managers - Brief article

THE PROBLEM My line manager has asked me to channel profits from one company to prop up another that is failing by creating invoices for services that have not been provided. I have raised my concerns in writing, but I feel that I should also inform more senior managers in the organisation.

CIMA'S RESPONSE As well as section 110.2 of the code of ethics, which warns against association with false or misleading information, section 100.25 ("Communicating with those charged with governance") states that, if the professional accountant generally communicates with a sub-group of those charged with governance--for example, an audit committee or an individual--they should then weigh up whether it's necessary to get...

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