Today you had lunch with your friend Sarah Teasdale. Sarah has worked with Zaird & Associates, CPAs, for about two years. Youve been with Zaird for only nine months. You discussed with her your difficulties in getting jobs done in the budgeted number of hours. Sarah said, page 484Yeah, thats a problem. Youll get quicker with experience, butdont tell anyone I told you thissome of those audit plans are pretty awful and include some pretty outdated and even some stupid procedures. Sometimes I just sign the plan, but skip doing the procedure. I dont do this often, but sometimes the procedure isnt capable of detecting anything. You said little to her after this but are now thinking about whether you need to become more practical about how you perform your work.
Required
a. Identify your problem here.
b. Identify your possible courses of action. For each of these courses, identify any constraints relating to the decision (e.g., personal standards, societal norms, professional ethical standards, other professional standards) and analyze the course of actions likely effects.
c. Select the best course of action.
