Law ethics & governance


This query is : Resolved 

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.


Question: What would you do in such situation?

@VaibhavJ (Expert)
17 September 2014 Hi,

You should speak to Managing director presenting facts.

As a accountant you should be fearless while performing daily activities, if you feel you should contact Fin. directors for guidance.

Thanks

@VaibhavJ (Expert)
17 September 2014 Hi,

You should speak to Managing director presenting facts.

As a accountant you should be fearless while performing daily activities, if you feel you should contact Fin. directors for guidance.

Thanks


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details