You are a senior manager in the audit department of Raven & Co. You are reviewing three
Fantastic news! We've Found the answer you've been seeking!
Question:
Plover Co is a private hospital which provides elective medical services, such as laser eye surgery to improve eyesight. The audit of its financial statements for the year ended 31 March 2012 is currently taking place. The audit senior overheard one of the surgeons who performs laser surgery saying to his colleague that he is hoping to finish his medical qualification soon, and that he was glad that Plover Co did not check his references before employing him.
While completing the subsequent events audit procedures, the audit senior found a letter from a patient's solicitor claiming compensation from Plover Co in relation to alleged medical negligence resulting in injury to the patient.
Required:a. Evaluate and discuss the ethical, commercial and other professional issues raised, and recommend any actions that should be taken in respect of Grouse Co
b. Evaluate and discuss the ethical, commercial and other professional issues. raised, and recommend any actions that should be taken in respect of Plover Co.
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
Posted Date: