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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Marta Johns is the Division Controller and Kevin Deere is the Division Vice President of Tuffy Tractor, Inc. Due to pressures to meet earnings estimates for 2011, Deere instructs Johns to record as revenue $5,000,000 of orders for tractors that are still in production and will not be shipped until January 2012.
Required:
1. Using the IMA’s Standards of Ethical Conduct as a guide, what are Johns’s ethical responsibilities in this matter?
2. What should Johns do if Deere does not acquiesce and still insists that she record the revenue in 2011?
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