Should you stay quiet because you are new to the company


Problem

Let's assume you were hired as an accountant of Excellent Company. After examining the company's financial records, you found out that the CFO of the company has been falsifying financial statements by creating fictitious revenues that amounted to $1.6 billion. This means that the company has been intentionally overstating their revenues than they actually earned revenues so that the officers would get compensated financially for their performance.

Now, you are faced with ethical dilemmas. Should you stay quiet because you are new to the company and you feel under pressure? Or should you whistle blow, in other words revealing fraud to the public/private parties? Your action may cause the company to collapse and employees including yourself might lose a job.

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Financial Accounting: Should you stay quiet because you are new to the company
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