Case 6.1 Written Report
I have proofread the final draft and made the necessary corrections.
(Writer)
I have proofread at least one earlier complete draft of this report. As part of that proofreading process, I provided to the writer suggestions on how to improve the report.
(Coordinator)
(Spokesperson)
(Reviewer)
Leigh Ann Walker, Staff Accountant
Leigh Ann Walker was an exceptional student in college. Her 3.9 grade point average and her involvement in numerous …show more content…
The public accounting industry is one that has substantially high standards for integrity and honesty, and in order to maintain that reputation, the individuals that frame the industry must not compromise their standards in any way. Further, the public accounting industry is in an even larger spotlight today as a result of high-profile accounting scandals that have taken place in recent years. The process of regaining trust from the public can take many years after significant fraud schemes such as those that occurred about a decade ago. Due to such a high importance of integrity in the public accounting industry, we would have dealt with this situation in a similar manner that both Jackie Vaughn and Don Roberts did. Although the actions of Leigh Ann are not to the scale of dishonesty that large fraud schemes are, we believe that if someone is faithful in little things, he/she will be faithful in larger ones, and in the same way, if someone is dishonest in little things, he/she will not be honest with greater responsibilities. So even though Leigh Ann’s lying about her CPA exam dates had nothing to do with a large financial fraud scheme, she still lied about a small situation, which could easily lead to larger dishonest acts in her future