Explain the steps that should be taken by an internal accountant/CMA when there is a difference of opinion with one's supervisor on an accounting or financial reporting manner.

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1. Identify the facts: The accountant should get to the root problem. What is the source of the disagreement: is it a single figure or multiple items on the financial statements? Has the accountant done his or her due diligence to make sure that the financial data is correct and accurate? What does the accounting code of ethics say about handling conflicts in the workplace? After answering all these questions honestly, the accountant can move on to the second step.

2. Look at the issue from a...

(The entire section contains 248 words.)

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