Question
Josie is an accounting supervisor at Monk & Sons Realty. She instructs her subordinate, Maria, to make certain accounting entries in the company's books that
Josie is an accounting supervisor at Monk & Sons Realty. She instructs her subordinate, Maria, to make certain accounting entries in the company's books that will increase revenue by a material amount. Maria researches the matter and tells Josie that recognizing revenue in this way would be premature and not consistent with GAAP. Josie disagrees and insists that Maria record the entries. According to the AICPA Code of Professional Conduct, what should Maria do next?
A.) take out a professional liability policy
B.) Discuss her concerns with Josie's boss
C.) Resign her position quietly
D.) Report the matter to the board of directors
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