Hi Karl,

If the financial error is of time difference then, it is short term reporting error but would be reconciled/resolved when subsequent financial year correction/adjustment taken place provided the error is discovered and adjustment would be taken place.

But if financial error that given risen to bankruptcy or financial real loss, then you need diligence audit and Brokerage firm assessment for alternative opinion of the loss.

Ethics will come with real financial loss event whereby ethical decision is required. Wind-up company with bankruptcy coupled with major job loss or to prolong the agony with higher financial gearing with the assistance of bank facilities and stock exchange new shares issuance.