Situation: You are completing your final week of a work/study program with an accounting firm. Your responsibilities to date include completing the accounting work of smaller clients assigned to a full- time accounting employee currently on sick leave. The last week of the work assignment, your manager assigns you a complicated reconciliation report related to large, profitable, and unfamiliar client. You are expected to complete the report before your assignment ends.

There is a large amount of data to review. You have no experience with the complex corporate structure and are unfamiliar with the company's operations, chart of accounts and accounting statements. You have not completed a similar reconciliation report before and are concerned that you are not sufficiently experienced to complete the work alone. You want to do the work correctly, but your manager has not provided additional information, offered support, or assigned a mentor.

If you donot meet the deadline or do not accurately complete the reconciliation, your performance review and recommendation could be negatively affected.

Q1. Identify the issue(s) in relation to the four standards listed in the IMA Statement of Ethical Professional Practice.

Q2. Identify the affected parties.

Q3. What are the desired results?

Q4. Who should be involved in the resolution?

Q5. Provide your resolution strategy(s) regarding the issues you identified.