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1)Diane is a CFO at We Do What We Want, Inc. She was just instructed by her boss, the CEO, to accelerate the recording of
1)Diane is a CFO at We Do What We Want, Inc. She was just instructed by her boss, the CEO, to accelerate the recording of revenue into an earlier year to meet financial analysts' earnings projections. In order to meet the ethical standards of the accounting profession, Diane must be certain that she:
Informs the external auditors
Blows the whistle on the financial wrongdoing
Works through the chain of command within the company to avoid subordinating judgment
Reports the matter to the SEC
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