17 September 2014
You are a management accountant working for a privately owned manufacturing company. While the finance director is on leave, you are in charge of the finances. The managing director has a director’s loan account and has asked you to make transactions on it, some of which are prior to the year end. He has said this has been agreed by the other directors. You do not feel comfortable authorizing this and also feel that it will not reflect well on your year end.
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