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You are an accounting associate assisting a compliance officer of a large private company. The compliance officer recently investigated concerns about accounting irregularities in journal

You are an accounting associate assisting a compliance officer of a large private company. The compliance officer recently investigated concerns about accounting irregularities in journal entries posted by an accounting manager. The complaint accuses the manager of manipulating results to increase net income. The compliance officer confirmed that the manager (who is a licensed CPA) did the following: Moved expenses to prepaid assets Changed depreciation methods Moved deferred revenue to standard revenue on the income statement The accounting manager was both the preparer and reviewer of the journal entries under investigation. It was also noted during the investigation that the accounting manager receives an annual bonus tied to the financial performance of the company. The compliance officer has asked you to prepare a draft of a report that will be used to explain and document the issue for their boss, the CFO. In addition to the CFO, the report will be provided to human resources and other non-finance executives who are unfamiliar with accounting procedures or ethical frameworks. Describe what accounting framework violation occurred. Describe which ethical accounting frameworks could apply to this reporting situation. Provide rationale for your decision of which ethical accounting framework applies. Explain the manager's potential

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