Question: Please Review the Case Study, Atlas Cold Storage Inc Cheating occurs at many levels within a firm. In the case study, the president engaged in
Please Review the Case Study, Atlas Cold Storage Inc
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.
- What are the duties of management and ownership in regard to the stakeholders of Atlas?
- In what ways did management fail?
- What items should have been noticed by the auditors?
- Describe any specific internal controls that might have prevented this situation.
Need help with the brief and main points, please.
Reference: Boritz, J. E., Robinson, L.A. (n.d.) Atlas Cold Storage Inc. Waterloo, Ontario, Canada: University of Waterloo. Retrieved from https://uwaterloo.ca/centre-for-accounting-ethics/sites/ca.centre-for-accounting-ethics/files/uploads/files/atlas_cold_storage_case.pdf
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