You are a new CFO (chief financial officer) at a Fortune 500 company. You are responsible for the financial statement of the company. Your company has been sued because of bad products to the tune of $3 Billion dollars.

Question one: What ethical issues would you face as you consider what to report in your company's annual report about the cash payments.

Question two: What is the ethical course of action for you to take in this situation?

Question three: What are some of the negative consequences to your company for not telling the truth?