CHAPTER 2R – Relying on Others

IN THIS CHAPTER, WE discuss adequate supervision in the individual responsibilities placed on accountants to discharge their professional responsibilities.

INTRODUCTION

For all the parents out there, how many times have you asked your children to do something, but after an ensuing discussion uttered the words, “Forget it. I'll do it myself!” I bet more than a few of you went ahead and did it yourself, just to advance your day. Perhaps that was part of your children's plan! (And for those of you who are still children, shame on you!) I remember once, in eighth grade, my best friend and I were given after-school detention. (In fact, I don't ever remember a time from kindergarten through tenth grade when I wasn't on some sort of school probation or detention.) Part of our punishment during this stretch of hard time was painting the high school boys' restroom. The principal left us two gallons of bright blue paint, two rollers, and two brushes. When we sought further clarification on our tasks, we were cut off: “Just paint the damn bathroom!” So, we did. We worked well into the night. We painted EVERYTHING blue. The walls, the toilets, the sinks, urinals. All the fixtures. You name it. The only thing not blue were the two mirrors above the sinks. That's simply ...

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