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ethics challenge more daljit is the accountant for valley sales company,w hihc is currently experiencing a cash shortage because its pacific rim customer have not
ethics challenge more daljit is the accountant for valley sales company,w hihc is currently experiencing a cash shortage because its pacific rim customer have not been paying their accounts ona timely basis. The owner has been unable to arrange adequate bank financing to cover the cash shortage and has suggested that Moe delay sending the amounts withheld nfrom employees to the receiver General for Canada for a few months, "until things clear up
Then he adds, "after all, we will be sending the money to the Receiver General eventually"
What are the companys responsibilities with respect to amounts withheld from employees wages and salaries?
What are the ethical factors in this situation?
Would you recommend that Moe follow the owners suggestion
What alternatives might be available to the owner if Moe does not delay sending the amount to the Receiver General for Canada?
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