Question
You are a CIMA member who has recently joined a limited company that processes food. The company is effectively run by one director. The other
You are a CIMA member who has recently joined a limited company that processes food. The company is effectively run by one director. The other directors are non-executive and all have close personal relationships.As a key member of the finance team you have discovered that some employees are being paid cash in hand and not via the formal payroll. You also have suspicions that some of these people are being employed illegally and you have no records of their formal employment documents or contracts.What would you do?
answer the above question and back up your answer with logical reasoning. Include a comment to EACH of the 5 critical pieces of ethics (INTEGRITY, OBJECTIVITY, PROFESSIONAL COMPETENCE, CONFIDENTIALITY and PROFESSIONAL BEHAVIO);how they would be disregarded, and what would make it right? Minimum of 250 words is required.
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