Alternative courses of action that Lisa can do
- Ms. Lisa shall discuss the details with the team which involved in the acquisition processes as they will have a detail knowledge, understanding and documents with regards to the capitalization over the marketing expenses and estimation of the current liabilities, as these two components are material to the financial statements.
- Ms. Lisa shall seek additional information either from the acquired company’s’ other persons nor from board of directors.
- Ms. Lisa shall disclose the facts to her boss/superior or BOD with regards to the two points raised by her and acquired company‘s finance manager responses in the form of the formal report.
- Ms. Lisa shall meet the auditor of the Prestige Fragance in order to get understanding about the points which was discussed with Mr. Anderson
- Ms. Lisa shall seek a expert opinion such as inform to the internal audit department after hers’ boss approval about the accounting issues noted by her,
- Ms. Lisa shall approach an expert or independent auditor who can review and clear the doubt through a special engagement. In these stages, she should obtain the approval from her bosses prior to contact the advisors.