ACCOUNTING 211-The owner of Sorena Company has asked
Question # 00390077
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Updated on: 09/19/2016 07:22 AM Due on: 09/19/2016
Write a one to two page memorandum on the following ethics issue:
The owner of Sorena Company has asked your firm not to close the revenue accounts at the
end of the fiscal year. "Our year-end income statement will look a lot better if we can fatten up
those revenue figures with a couple extra days of revenue," she says.
Sorena Company is a client of Accounting Services, Inc. You work for Accounting Services. I'm
your supervisor and have asked you to research this issue and to give me your opinion and
recommendations. You can assume I have knowledge of the subject area. This is a business
memo and you will not reference the instructor, student, any textbook, or assignment. Keep this
memo in a business context. Make sure to list the references (web addresses) you used to form
your opinion. The reference needs to be within the memo not listed at the end of the memo.
The following resources may help you research the subject:
Accounting Periods and Methods
Tax Guide for Small Businesses
The owner of Sorena Company has asked your firm not to close the revenue accounts at the
end of the fiscal year. "Our year-end income statement will look a lot better if we can fatten up
those revenue figures with a couple extra days of revenue," she says.
Sorena Company is a client of Accounting Services, Inc. You work for Accounting Services. I'm
your supervisor and have asked you to research this issue and to give me your opinion and
recommendations. You can assume I have knowledge of the subject area. This is a business
memo and you will not reference the instructor, student, any textbook, or assignment. Keep this
memo in a business context. Make sure to list the references (web addresses) you used to form
your opinion. The reference needs to be within the memo not listed at the end of the memo.
The following resources may help you research the subject:
Accounting Periods and Methods
Tax Guide for Small Businesses
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Solution: ACCOUNTING 211-The owner of Sorena Company has asked