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Please explain 10 pts CASE Don Russell: Experiences of a Controller/CFO: Case Summary: The case considers the economics and ethics of managing earnings and the

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10 pts CASE Don Russell: Experiences of a Controller/CFO: Case Summary: The case considers the economics and ethics of "managing" earnings and the roles of finance professionals (and general managers and auditors) in the financial reporting process. The case is compelling because Don Russell, a chief financial officer, has to make a decision that has significant company and personal consequences. The case raises some complex accounting, organizational, and ethical issues. Case Question: Describe 3 ways that earnings were being manipulated. Don Russell have an obligation greater than that of other employees to try to ensure that his corporation acts ethically? Why or why not? Edit Format Table 12pt Paragraph B JU A Z TV V

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