What items should have been noticed by the auditors


Essay Assignment

Case Study, Atlas Cold Storage Inc

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?

After reading the charges made by the OSC, explain how a deontological approach may have helped avoid each charge.

What are the duties of management and ownership in regard to the stakeholders of Atlas? In what ways did management fail?

What items should have been noticed by the auditors?

Describe any specific internal controls that might have prevented this situation.

Format your assignment according to the following formatting requirements:

i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.

ii) The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.

 

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