Discuss key fundamental principles

Assignment Help Accounting Basics

Reference no: EM132958539

You are a trainee accountant in your second year of training within a small practice. A more senior trainee has been on sick leave, and you are due to go on study leave. You have been told by your manager that, before you go on leave, you must complete some complicated reconciliation work. The deadline suggested appears unrealistic, given the complexity of the work. You feel that you are not sufficiently experienced to complete the work alone. You would need additional supervision to complete it to the required standard, and your manager appears unable to offer the necessary support. If you try to complete the work within the proposed timeframe but fail to meet the expected quality, you could face repercussions on your return from study leave. You feel slightly intimidated by your manager, and also feel pressure to do what you can for the practice in these challenging times.

Parts: 1. Discuss 3 key fundamental principles affecting you in this scenario.

2. Identify the relevant facts in the scenario and evaluate on the possible course of action that you will take.

Reference no: EM132958539

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