8Ed.sol7.5

8Ed.sol7.5 - CASE 7.5 SARAH RUSSELL STAFF ACCOUNTANT...

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CASE 7.5 SARAH RUSSELL, STAFF ACCOUNTANT Synopsis Like many accounting students, Sarah Russell chose to begin her career in public accounting because of the wide range of opportunities it offered. After a few years of public accounting experience, she realized that she might decide to stay in that field and pursue a partnership position with an accounting firm. On the other hand, several years of public accounting experience would provide her with numerous employment opportunities in the private sector if she decided that becoming a partner was not her primary career goal. Sarah accepted a staff accountant position with an out-of-state office of a Big Eight accounting firm. Her first year in public accounting was very productive. Not only did she do well on the six audit engagements to which she was assigned, but she also passed the CPA exam in her first attempt. One of the individuals who helped Sarah adjust to her new professional role and to the work environment of a large accounting firm was an audit partner, R.J. Bell. At the beginning of her second year in public accounting, Sarah became uncomfortable when Bell began attempting to establish a personal relationship with her. Although she discouraged his advances, Bell persisted. Eventually, Sarah informed Bell that she wanted to keep their relationship strictly on a professional level. At this point, Bell became upset and told Sarah that she must have misinterpreted his actions. Bell then told Sarah that she would not be assigned to any audit engagements that he supervised. Although Bell made no further advances to Sarah, within a few months she decided to leave the accounting firm and return to her home state.
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276 Case 7.5 Sarah Russell, Staff Accountant Sarah Russell, Staff Accountant—Key Facts 1. Sarah chose to begin her career in public accounting in large part because of the wide range of opportunities it offered. 2. During her first year in public accounting, Sarah received excellent performance evaluations on the six audits to which she was assigned and passed the CPA exam in her first attempt. 3.
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8Ed.sol7.5 - CASE 7.5 SARAH RUSSELL STAFF ACCOUNTANT...

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