Homework
Review the Case Study: Atlas Cold Storage Inc.
Cheating occurs at many levels within a firm. In the case study, the president engaged in several questionable activities with the company's financial statements. What might have been the ethical decision that Ernst & Young (E & Y) faced with the client?
a) After reading the charges made by the OSC, explain how a deontological approach may have helped avoid each charge.
b) What are the duties of management and ownership in regard to the stakeholders of Atlas? In what ways did management fail?
c) What items should have been noticed by the auditors?
d) Describe any specific internal controls that might have prevented this situation.
Format your homework according to the give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.