Is what joe considering unethical

Assignment Help Accounting Basics

Reference no: EM132212316

Question: Required: You are a CPA and have been hired as a consultant to Brown Corporation's accounting staff and especially to assist Joe. Write a one-page (maximum) memo to Brown Corporation's CEO, John Baxter, with your recommendation of how this item should be reported. As part of your writing, consider the following:

1. Is what Joe considering unethical?

2. Should you mention to John Baxter about Joe's intentions? If yes, include it in your writing but if no, then do not mention it. (You make the call).

3. Are there alternatives that you can offer Joe or he has no options in reporting? Think about the objectives of financial reporting in making your decision.

Be sure to justify your decision with an accounting technical explanation to Mr. Baxter.

Reference no: EM132212316

Questions Cloud

Write a pthreads program that generates multiple threads : Write a Pthreads program in C on Linux that generates multiple threads. The threads should complete in the order below using semaphores.

What are carla fixed costs : Carla sells hot coffee; cider and tea from a sidewalk cart near Wall Street in New York City. Last month she sold $4,500 worth of product to 1,000 customers.

Calculate and return the largest value which is a multiple : Write a recursive function, max_multiples_list(lst, m), which takes an non-empty list, lst, of integers as a parameter and m is also an integer.

Compute the sum of the elements of an integer array : Write a recursive algorithm that computes the sum of the elements of an integer array.

Is what joe considering unethical : You are a CPA and have been hired as a consultant to Brown Corporation's accounting staff and especially to assist Joe. Write a one-page (maximum) memo.

How many times an item appears on a list : Write recursive Dr Racket functions to do the following. The functions should work on all types of lists( not just simple lists of atoms).

Compute the amount of raw materials used during august : Compute the amount of raw materials used during August if $30,000 of raw materials were purchased during the month and the inventories were as follows.

What is expected from the other team members : Three common pitfalls that can hinder an audit teams' brainstorming session include: Group domination, social loafing and groupthink.

What is richie filing status and tax liability : Richie's parents have been generous with Richie over the years. Richie is a 21 years old and works at a local Hawaiin Shave lce shack while attending college.

User Account

All Pages