Question: Refer to the Auditing in Practice feature Weaknesses in Substantive

Refer to the Auditing in Practice feature “Weaknesses in Substantive Procedures Related to Cash: Evidence from PCAOB Disciplinary Proceedings.” Locate each of the PCAOB releases on the PCAOB’s Web site.
a. Briefly summarize the other audit deficiencies outlined in these releases.
b. Comment on the punishments that the auditors received and the ethical implications of the auditors’ actions.




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  • CreatedSeptember 22, 2014
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