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Accountant

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AVG. SALARY

$77,620

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EDUCATION

Bachelor's degree

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JOB OUTLOOK

Stable

Real-Life Activities

Real-Life Decision Making -- Solution

You continue the audit

You continue the audit without reporting the personal shopping expenses. By continuing the audit without reporting the personal expenses to upper management, you have missed the entire purpose of the audit, which is to evaluate the quality of the company's financial data and make sure that there are no errors in their bookkeeping.

When auditor Tarsha Jacobs encounters this type of situation, she reports all improper expenses. To do otherwise would be against the rules of the profession. Your accounting firm could be liable and you could lose your job and your professional designation.


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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.