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Review the Case Study: Atlas Cold Storage Inc.
Discussion : 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?
Question 1: After reading the charges made by the OSC, explain how a deontological approach may have helped avoid each charge.
Question 2: What are the duties of management and ownership in regard to the stakeholders of Atlas? In what ways did management fail?
Question 3: What items should have been noticed by the auditors?
Question 4: Describe any specific internal controls that might have prevented this situation.
Attachment:- atlas_cold.rar
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