Post: You are an accountant in the budgetary, projections, and special projects department of a...

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Post: You are an accountant in the budgetary, projections, and special projects department of a large manufacturing company. The president asks you on very short notice to prepare some sales and income projections covering the next 2 years of the company's much-heralded new product fines. She wants these projections for a series of speeches she is making while on a 2 -week trip to eight brokerage firms. The president hopes to bolster the company's stock sales and price. (Scenario adapted from CT9.5, Managerial Accounting) You work 23 hours in 2 days to compile the projections, hand-deliver them to the president, and are swittly but graciously thanked as she departs. A week later, you find time to go over some of your computations and discover a miscalculation that grossly overstates the projections. You quickly inquire about the president's itinerary and learn that she has made half of her speeches and has half yet to make. You are in a quandary as to what to do next: - What are the likely consequences for the affected parties (e.g., you, the president, investors) of informing the president about your error? - What are the likely consequences for the affected parties of not telling the president? - What are the ethical considerations for you and the president in this situation

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