An Accountancy Student

An accountancy student asks a partner to explain ethics in accountancy.

The partner thinks for a moment and relates the following.

“Ms Murray, an elderly client of ours, came to see me last week and paid me $1000 in cash.

As she left, I counted the notes and they came to $1100.”

The student replied, “I see. So the ethics question is do I tell the client?”

“Nope! The question is do I tell my partner.”