This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: the Big Five 9 (now Big Four) accounting firms. Discussion Questions 1. What are Mark’s options? Do professional standards make the decision clear? 2. Might the going concern reference in the audit report become a “self-fulfilling prophecy” for SDD? 3. What would the going concern paragraph accomplish? How might Mark convince George that such an opinion is in everyone’s best interests? 4. Is it appropriate to have such a friendly relationship with a client? What factors might tend to keep Mark objective in his judgments?...
View Full Document
- Spring '08
- External auditor, Auditor's report, annual financial statements