Dangers of Overstating Financial Statements Paper

An organization is developing a business plan. The intent of the organization is to provide a service for a community in need, but it appears they might have trouble obtaining financing. The board is trying to decide whether to be transparent in their financials or over-predict so they can properly finance their venture.

To prepare for this Discussion:

  • Read the provided scenario.
  • Given the mission of the organization in the scenario, consider whether over-predicting financials would be a breach of

Post a cohesive response to the following:

Evaluate whether overstating financials would be a breach of ethics for the organization in the scenario. Why or why not?

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