Is what joe considering unethical

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

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