To Report, Or Not To Report - 175 Words

You are employed as an accountant for Innovative Computing. Your company is in the process of signing a large contract with an electronics components supplier. You have a friend who works for the electronics components supplier, and you are aware of the company having trouble paying bills.

Respond to the following in a minimum of 175 words: 

• Explain why you should or should not report this to your employer before the purchase.