Instruction file attatched.
You
must support your advice by citing any applicable accounting standards.
Extra important
Prepare a letter (not a memo) addressed to Amelia Emerson, Controller, Ski High, Inc.,
350 Accounting Avenue, Northridge, California 91330, that provides your recommendation. You
must support your advice by citing any applicable accounting standards.
Do not include a reference page. You must limit your letter to one page (single spaced with double space between paragraphs) and one-inch margins.
Only submit the one page and
nothing else.
Create your own letterhead for the imaginary accounting firm you represent. The date
should be placed no less than one-half inch below the letterhead (or 1.5 inches from the top of the
page). You may submit your letter either as a Word file or pdf file.
Remember what we discussed in class about not citing a section 55 in the Codification unless you also
cite the primary source to which it refers. In other words, citing only section 55 isn’t enough.
In addition to analyzing the accounting issue(s) in your letter, include a brief comment (no more
than two or three sentences) about any ethical issue that Amelia faces. You should
review the AICPA Code of Professional Conduct rule on “Integrity and Objectivity”. Briefly
explain to Amelia the one part of this rule she should most consider in her current situation (e.g.,
subordination of judgment). But remember (and be careful) that the CEO and CFO may be
“secondary readers” of your letter, and that you are creating a written record on this issue.
Please note that it is Certified Public Accountants (CPAs) like Amelia who are “members” of the
AICPA and must uphold the AICPA Code of Professional Conduct.
Your textbook is not recognized as authoritative sources in accounting research. Therefore, do not
use your textbook as support for your recommendation.
