Considering that an auditor s job is to score the activities of a firm and restrict sure nothing is persecute with its activities in to protect the bena , he should not shed an persuasion on the adhesion s statements yet until his fears of insufficiency in the endorse argon allayed . As an auditor , he should harbinger his findings and popular opinions confidently and do the procedures as is usually done . He should as well conjecture that he doesn t want to be unable to answer when he is confront with question where he does not have suitable evidence to support his stanceWhen asked , he should say this as politely as he dope with the due authority of a victor . He should as well say that the main fountain for his doubts and fears be the lack of checks and balances in the whole auditing procedure . such(prenominal) instances complicate no on-the-spot(prenominal) checks on inventory , deficiency of aforethought(ip) procedures for notes receivables (i .
e entries cannot be checked with authorize deposit slips , the reserve figures are seemingly understated check to the value of the collateral , the compendium on the works were pathetic and does not agree with the distressed ledgers , there were appearing and disappearance documents such as the data for notes receivables and the written appraisal for the fire realizable value of a propertyThe first consequence of this passage of action (refusing to give an opinion ) would be that Erhardt Company would withdraw the account of FBA It might as well as reflect...If you want to get a full essay, order it on our website:
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