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200-300 words The owner of a small business in Kansas has 6 full-time employees and 15 par

200-300 words The owner of a small business in Kansas has 6 full-time employees and 15 par

Can you help me on this as well. 200-300 words

The owner of a small business in Kansas has 6 full-time employees and 15 part-time employees. The owner pays his part-time employees in cash from the register at the end of their shift, rather than by check like the full time employees. The owner’s accountant has told the business owner on several occasions to pay everyone by check. The business owner says it saves him money in taxes and the employees prefer the cash. What internal control principle is the owner violating? What legal and ethical concerns of which the business owner should be made aware? What is the accountant’s responsibility in this situation?

Roshan kumar 08-Nov-2017

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