(Answered) Question describe the pros and cons for both you as an

Accounting

Question: Describe the pros and cons for both you as an employee at a firm, and the firm itself for having a time budget on an audit, going over the budgeted amount of time, and employees not reporting time in order to stay under budget. In relation to the previous question, if an employee is not faithfully reporting time during an engagement, how should this be handled? Describe the ethical dilemma facing an employee regarding reporting of their time. (answer in essay form, min. of 500 words, be detail and specific)

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