Question: Sue Ryskiak is a new entry-level accountant for a mail order company that specializes in supplying skateboards and accessories for the sport. At the end
Sue Ryskiak is a new entry-level accountant for a mail order company that specializes in supplying skateboards and accessories for the sport. At the end of the fiscal period, Sue is advised by a supervisor to include as revenue for the period any orders that have been charged by phone but not yet completed by shipping the product. Sue is also advised to include as revenue any orders received by mail with cheques enclosed that are also pending fulfillment.
Required
1. Identify relevant accounting principles that Sue should be aware of in view of the supervisor's instructions.
2. What are the ethical factors in this situation?
3. What alternatives might be available to Sue if she decides not to follow the supervisor's directions?
Required
1. Identify relevant accounting principles that Sue should be aware of in view of the supervisor's instructions.
2. What are the ethical factors in this situation?
3. What alternatives might be available to Sue if she decides not to follow the supervisor's directions?
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