... that has been overlooked in the accounts. The error that you spotted was not a very big issue; it involves making changes to a few dollars and cents. Your client is someone of high profile and when the dollars added up, it showed that the client was being overcharged. You were the only one who noticed the error and by correcting the error, it will involve a lot of time being taken up for both you and your client. Also, you happen to be in your most peak season. What would you do?
Options:
1) Do nothing as no one else noticed
2) Let the manager or supervisor know and see what has to be doe
3) Tell the client direct about the error
4) Others… please specify
Situation 2) What are the steps you would take when you’re preparing a financial statement. Write down the steps involved.
Situation 3) Involves managers/ supervisors to answer the following question: Which gender in your opinion produce better financial statements? Based on the financial statements you audit
-those with accounting knowledge, background or are accountants themselves may answer the question
