Question

what is the ethical impact of overstating financial statements? and why?      

what is the ethical impact of overstating financial statements? and why?      

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Answer #1

ethical impact of overstating financial statements

1. overstating the Financial statements is the misstatement by company management.

2.usually this is carried with the intention of Misleading Investors.

3.Mislating the financial statements overstating may boost the company's stock price in the short term which is not real but Almost many ill effects in the long run

overstating accounts Financial Statements directly inflates the size of a Company balance sheet

5 The balance statement is an equation. on one side, it records company assets On the other, it lists

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