Ethical issue page 26
Gavin Finlay is preparing the income tax return of a client who has earned more
income than expected. On 2 July, the client pays for advertising and asks Finlay
to backdate the expense to the preceding nancial year, which ends on 30
OBrien Corporation is a midsize, privately owned, industrial instrument
manufacturer supplying precision equipment to manufacturers in South Australia.
The corporation is 10 years old and uses an integrated ERP system. The
administrative offices are
Pittard Collectibles (PC) makes all sales under terms of FOB delivery point. The firm
usually receives orders for sales approximately one week before delivering inventory to
customers. For orders received late in June, owner Karen Pittard de
The use of IT at UFSAA
Claims = Ansprche / Forderungen
Classify each of the following items as belonging in the revenue (Einkommen), expenditure
(Ausgaben), human resources/payroll (Personalabteilung) , production, or financing cycle.