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Discuss the alternatives that face

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Suppose you are the auditor for F&C. Consider the following scenarios independently:

Problem a) First, consider that you are successfully fooled by the diversion strategies implemented by different managers and officers, and thus, you are unaware of the potential issues that are surfacing. Do you face a dilemma? Elaborate why or why not.

Problem b) Now, suppose you become aware of the general issues. Namely, the irregularities surrounding "Warehouse Q" and the testimonies of the employees confessing to inventory manipulation. Moreover, you also observe key individuals departing from the company. Discuss the alternatives that you face, the related ethical and real implications, and, in your opinion, your preferred course of action.

Problem c) Lastly, given the same facts as in b), now assume that F&C is your only audit client. How does this change your conclusion from the previous part?

Attachment:- Code and ethics.zip

Reference no: EM132687918

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