The owner of a CPA firm has four separate offices with over 50 employees. The owner recently discovered that one of his employees stole over $30,000 from the company during the last year. The owner was furious that the internal controls were so lax that an employee could manage to steal this much money. He does not know if he should do a criminal investigation or just fire the employee.

1. Discuss four reasons why the owner should have the employee prosecuted.
2. Discuss three reasons why the owner might not want to seek prosecution of the employee.
3. If you were the owner, what would you do?