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23. You are the chief accountant for a corporation that has experienced a poor year financially. The CEO is feeling pressure from the Board of

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23. You are the chief accountant for a corporation that has experienced a poor year financially. The CEO is feeling pressure from the Board of Directors and believes he may be fired. He has asked you to help him make the past year's financial performance look as good a possible by delaying reporting some major endof-year expenses. He suggests that delaying recording the expenses for only two weeks and including them in next year's records when revenues are expected to be much higher will actually show a more balanced view of the company's ongoing financial performance. Use the space below to write a memo to the CEO expressing the actions you will take in response to his request and the reasons for your decision

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