DQ 2 - Explain your perception of the possible tension...

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Unformatted text preview: Explain your perception of the possible tension created by any power struggle inherent in the management-auditor relationship? How do you think auditors should respond when management wants the company's financial statements to be presented in a certain way but the auditor disagrees (See textbook, p. 25, Q. 1-22)? Support your position. Your initial post should be approximately 250-500 words and cite at least one reference used in preparing your response. Participate in follow-up discussion by commenting on your classmates' posts or responding to follow-up questions posted by your instructor. All posts should be grammar and spell checked in Word. Auditors cannot change the financial statements. Explain the influence the auditor has on managements decisions regarding financial statement presentation. Also, explain your perception of the possible tension created by any power struggle inherent in the managementauditor relationship. How do you think auditors should respond when management wants the companys financial statements to be presented in a certain way but the auditor disagrees...
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