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What items should have been noticed by the auditors

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Case Study, Atlas Cold Storage Inc

Question 1: 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.

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.

Reference no: EM132491511

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