How much will each stakeholder be affected by your decision?

LowMedHighYou, Audit Partner

You are responsible for the overall quality and accuracy of the audit.LowMedHighJim Fry, K&R$\text{'}$s new managing partner

He assigned you to the G$-$BioSport audit and is responsible for all of K&R$$s operations.LowMedHighEmployees of G$-$BioSport

A decision on the valuation issue will affect the reported financial condition of the company.LowMedHighMark Heier, G$-$BioSport CFO

He is responsible for promoting the propriety of the mark$-$to$-$market valuation and has directly solicited support for it from you, the K&R audit partner in charge of the audit.LowMedHighShareholders of G$-$BioSport

Their short$-$ and long$-$term financial interests can be affected by the way the audit report treats the mark$-$to$-$market valuation.LowMedHighShareholders of K&R

The value of their investment in K&R is directly linked to the company$$s reputation as an unbiased provider of auditing services.