Extracted pages from 0_8.pdf

Extracted pages from 0_8.pdf - auditing case It is very...

Info icon This preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
auditing case. It is very important as well for the auditor to be aware of how the third party will be utilizing and using of the audited financial statements and information throughout their professional due care in the case. It is also very important for the auditor to know the usage of a third party throughout the financial reports to enhance the auditors over there professional and ethical performance within their work conductions for all their customers/companies. At the end, the auditor will use these third parties’ interactions as a positive thing. These positive outcomes will result in the auditor(s) to perform very ethical and eliminate any errors that can occur in the future inside their ethical performance. Case 6-5 Vertical Pharmaceuticals Inc. et al. v. Deloitte & Touche LLP 1 Throughout the case, it can be analyzed and expected to say that Deloitte & Touche have committed a breach to its fiduciary duty to Vertical Pharmaceutical at the end. Vertical Pharmaceuticals Inc., realized a huge loss as a result by Deloitte & Touche. Therefore, this
Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern