Gabby has just left a meeting with the partner in charge of an audit engagement and was told to ignore the typical year-end accrual entries because earnings are below financial analysts' earnings expectations. Gabby knows this is wrong and wants to act on her values but she does not want to lose her job. What is the best thing for Gabby to do in this situation if she chooses to voice her values?
A) Quit the firm
B) Speak with the managing partner of the firm
C) Inform the SEC of the difference
D) All of the above

Question

Quizplus · Accepted Answer

Speaking with the managing partner of the firm is the best course of action in this situation. It allows Gabby to voice her concerns and potentially rectify the situation within the company. Quitting the firm or informing the SEC may be extreme measures and should be considered only as a last resort.

Gabby Has Just Left a Meeting with the Partner in Charge