Case Study: Atlas Cold Storage Inc.  Review the Case Study: Atlas Cold Storage IncLinks to an external site..  Cheating occurs at many levels within a

Case Study: Atlas Cold Storage Inc. 

Review the Case Study: Atlas Cold Storage IncLinks to an external site.. 

  1. 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?
  2. After reading the charges made by the OSC, explain how a deontological approach may have helped avoid each charge.
  3. What are the duties of management and ownership regarding the stakeholders of Atlas? In what ways did management fail?
  4. What items should have been noticed by the auditors?
  5. Describe any specific internal controls that might have prevented this situation.

Requirements:

  • Your written paper should be 3-4 pages in length not counting the title and reference pages, which you must include.
  • Use terms, evidence, and concepts from class readings.
  • You need to cite at least three sources for this assignment, outside of the textbook. The case can be a source.

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

When Audit Evidence Increases Risk of Material Misstatement XYZ Global Biopharmaceuticals, a large corporation specializing in the research, development,

When Audit Evidence Increases Risk of Material Misstatement XYZ Global Biopharmaceuticals, a large corporation specializing in the research, development, and distribution of pharmaceuticals, recently underwent a comprehensive audit. Given the highly regulated nature of the pharmaceutical industry and the substantial financial stakes involved, the risk of financial fraud within the