Henry is the chief accounting office of XYZ Co. He believes the financial statem

Question

Henry is the chief accounting office of XYZ Co. He believes the financial statements are accurate but he has been asked by the CFO to accelerate the recording of revenue at the end of the year to push a material amount that should be reported next year into the current year. If Henry is an ethical accountant he should react by:

A) Refuse to go along with the request and report the matter to the board of directors

B) Going along with the requst as a one-time concession to the CFO

C) Firing the CFO

D) Discuss the matter with the CEO

Explanation / Answer

Ans) Option (D)

If Henry is an etical accountant he should react by Discussing the matter with the CEO

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