Illegal Act


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Related to Illegal Act: Criminal act

Illegal Act

An act in violation of a law in the jurisdiction in which it is committed. Examples of illegal acts include theft, or the unauthorized taking of property, perjury, or lying under oath, and murder. The criminality of some illegal acts (notably fraud, theft and others) helps to ensure smooth operation of businesses.
References in periodicals archive ?
Knowing that an illegal act has occurred or is occurring, can a CPA refrain from taking action to report or stop the crime?
Although audits of financial statements generally relate to financial (and not legal) matters, the auditor should be aware that illegal acts by clients may have a material effect on the financial statements.
If adopted, it will change the IESBA's Code of Ethics for Professional Accountants by providing circumstances in which an auditor who follows those standards can override the fundamental principle of confidentiality and disclose a suspected illegal act (including fraud) to an appropriate authority.
When fraud or an illegal act involves senior management, you should report it to an individual or group at a higher level, such as the manager, owner or board of directors.
As far as the company was concerned (and the courts had agreed), no illegal act had occurred.
The bill amends Section 27 of the Wildlife Act which reads that "Any person who shall induce another or conspire to commit any of the following illegal acts or suffer their workers to commit any of the same, shall be liable in the same manner as the one actually performing the act.
The bench said it would avail the services of CBI officers for scrutiny of the transcripts to classify as to which conversations were private and which revealed illegal acts.
Ang sinasabi niya lahat ng PNP members na involved sa illegal act,' Malayo said.
Senator Saleem Mandviwalla also revealed that recently Pakistan Steel Mills in Karachi had given 157 acres of its land to the Punjab government, which was a sheer illegal act as such moves would widen the gulf between the provinces.
Residents of the areas have protested against this illegal act, they said that stench is spreading all across the city.
net and companies use this data to combat naked short selling - the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale.
Logic appears to be lost on this person when he blames the rape victim for not reporting the illegal act immediately, but attaches no blame whatsoever to the welding victim.