1. You are the new Finance Director for a large, closely held business. The owners are all family members and the business employ around 300 people from the community. You have discovered that several of the family members are being paid cash and not through the regular payroll system. You also suspect that these cash payments are due to these people being employed illegally. You are instructed that, when preparing annual tax filings, the payments to illegal workers and cash payments to family members should be not reported to the IRS because what they dont know wont hurt them.

Which of the standards will be most relevant to solving this ethical dilemma? Select all that apply.

1. Integrity
2. Credibility
3. Competence
4. Confidentiality