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17 September, 23:25

Josie, an accounting supervisor in monk & sons realty, instructs maria, her employee, to make certain accounting entries in the company's books that will increase revenue. maria researches the matter, confirming her concern that these entries would overstate revenue, and informs josie that recognizing revenue in this manner would be premature and not consistent with gaap. josie disagrees and insists that maria record the entries. the amount of revenue is material to monk's financial statements. according to the aicpa rules, what should maria do first?

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  1. 17 September, 23:27
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    The code of professional conduct (aicpa) in its different articles obliges Maria to work with integrity, responsibility, objectivity and independence, the text emphasizes the work of the accountant and the provision of a service to the public that must be transparent to generate trust in society, consequently, regardless of what the boss says, and supported by Article 55 - Chapter IV - which states: Objectivity and independence: A member must maintain objectivity and be free of conflicts of interest in the performance of their duties. professional responsibilities. A member in public practice must be independent, in fact, and appearance, in the provision of audit services and other certifications,
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