The managers of Quince Products (Problem 1-31) decide they will hire a management accountant to help them
Question:
Accountant A: “I have recently advised the symphony on how to raise money and therefore I know the local area well.”
Accountant B: “I have advised several small firms on expansion plans.”
Accountant C: “I have advised Pear Company [Quince’s main competitor] and can share its experiences and insights with you.”
All of the proposals have the same price.
Required
a. As the accounting manager of Quince Products, prepare a memo recommending which accountant you would prefer to retain. Be sure to include your reasons.
b. Which, if any, of the accountants making a proposal are violating the IMA’s code of ethics? What is (are) the violation(s)?
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Related Book For
Fundamentals of Cost Accounting
ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher
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