Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. lana is a cpa and works as an internal auditor for

Lana is a CPA and works as an internal auditor for Dynamite, Inc. As she...

50.1K

Verified Solution

Question

Accounting

Lana is a CPA and works as an internal auditor for Dynamite, Inc. As she was performing a revenue timing test, for the internal audit schedule and the external auditors, she noticed that the Western division consistently kept the books open 4 days into the next quarter. Lana immediately reported to the Chief Internal Auditor; together they took the issue to the CFO and Controller. The CFO assured them that the issue would be resolved. It has been 90 days since the meeting. Lana is considering blowing the whistle but cannot decide who to tell and when. What are the ethical issues of concern for Lana? What would you advise Lana to do, how, to whom, and in what

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

The production manager of Rordan Corporation has submitted thefollowing forecast of units to be...

Statistics
1.2K views

4. A bin of 52 manufactured parts contains 13 defective parts. Pick 8 parts from the...

Operations Management
1.2K views

Which organizational structure did Freshii? Explain what type of organizational structure Freshii uses. How does the organizational structure...

Chemistry
1.2K views

Solutions with a constant volume of 10.0 mL contain 0.750mg of dissolved tooth enamel plus variable...

Biology
1.2K views

x If A and B are independent events what is the probability that A and...

Physics
1.2K views

Intensity of a sound wave gets reduced by 20 on passing through a slab The...

Algebra
1.2K views

A function f x 2 is transformed into the function g x 2 5 Choose...

Accounting
1.2K views

Alum inc is a mature start-up that has raised ten rounds of funding. It just...

Accounting
1.2K views

Presented below is information related to Crane Company. Calculate the cost-to-retail ratio and the...

Accounting
1.2K views

Matching: 1 ) SEC 2 ) Quality...

Accounting
1.2K views

Fill in the blanks in the following separate income statements a through e.(Amounts to be...

Accounting
1.2K views

Which of the following is an advantage to making a lifetime transfer of property to...