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Environmental Accountant

Real-Life Activities

Real-Life Decision Making -- Solution

You qualify your audit.

As you feared, the company fires you and your firm. A few months later, the company's underground fuel tanks are cited as the source of groundwater contamination in the area. The company directors who wanted to minimize the possibility of environmental risk to shareholders are fired.

You are glad you took a stand and relieved your firm is no longer involved in the situation.

This scenario is similar to a decision made by environmental accountant Anne Davis. Her company was subsequently fired.

"It's one of the difficulties of the accounting profession. Management generally hires us, but it's the shareholders that are the ultimate customers. That's our job in this society, to report directly to the shareholders on the company's financial statement. That's who we are working for," she says.

When you lose the job, you have to go out the next day and drum up more business. "But," says Davis, "at least you can sleep and hold your head high and say we did the right thing."