Considering that an auditor s job is to check the activities of a firm and prepare sure nothing is wrong with its activities in to protect the gentleman , he should not represent an persuasion on the bond paper s statements yet until his fears of insufficiency in the endorse argon allayed . As an auditor , he should announce his findings and opinions confidently and do the procedures as is usually done . He should as well hypothesize that he doesn t want to be unable to answer when he is confront with question where he does not have able evidence to support his stanceWhen asked , he should say this as politely as he can with the due authority of a victor . He should also say that the main moderateness for his doubts and fears be the lack of checks and balances in the whole auditing procedure . much(prenominal) instance s complicate no on-site checks on inventory , inadequateness of aforethought(ip) procedures for notes receivables (i .
e entries cannot be checked with validated deposit slips , the diffidence figures are seemingly understated parallel to the cherish of the substantiative , the epitome on the works were inadequate and does not touch with the maladjusted ledgers , there were appearing and disappearing documents such as the info for notes receivables and the written appraisal for the net realizable value of a propertyThe first consequence of this course of action (refusing to give an opinion ) would be that Er hardt Company would lose the account of FBA ! It top executive also reflect...If you want to get a full essay, identify it on our website:
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