ACCOUNTANT Essay Example | Topics and Well Written Essays - 250 words

ACCOUNTANT - Essay ExampleOne overstated expenses sharply while the second was the true record. It was hoped that the supernumerary amounts, once approved by the IRS, would result in an excess of reimbursement that could be fed into the revenue stream and form a source of revenue for the business. This falsification of accounts is equal to fraud. It is known as a qui tam or false claims case (Eichenwald, 1998, 3.1).When the amounts involved are kinda large, the danger that Alderson faced, even after termination of employment could range from permanent injury to death threats to himself and his family. afterward his dismissal from service, Alderson and his family were forced to move from his house in Whitefish to a cramped cottage in countrified Montana where they lived frugally. It took 13 years for a decision to be made and Alderson to be awarded with damages that were competent enough to cover his expenses and let him live a comfortable retirement. The principle that Mr. Ald erson committed himself to after observation a partner sign an Audit Report at Arthur Anderson was that the signing had better mean that some(prenominal) was being committed to was correct and true to the best of the accountants knowledge and the opinion that they gave was without disfavour and vouched for the integrity of the records that they had checked and