Should Elise Winkler have reported Brian Reynolds' dishonesty to Bailey Blanks or Adam Hoban? Why or why not? Place yourself in Elise's position. How would you have dealt with this matter? 2. Brian Reynolds told Bailey Blanks that he didn't document certain audit issues in the Shapiro workpapers because he didn't want to provide a "roadmap" for third parties to criticize decisions made by the Shapiro audit team. Is that a reasonable strategy? Is that strategy consistent with the PCAOB's auditing standards? 3. On multiple occasions, Brian Reynolds suggested that audit evidence should rise to the level of "fact." Do you agree? Defend your answer. 4. List, in descending order of importance, the factors you believe, account for the high turnover rates experienced by major accounting firms among their professional employees. What measures can those firms take to mitigate the impact of the factors you identified?

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1 As Elise Winkler I would have reported Brian Reynolds dishonesty to Adam Hoban Adam being the seni... View the full answer