Review the Case Study: Atlas Cold Storage Inc. (Links to an external site.)
Cheating occurs at many levels within a firm. In the case study, the president engaged in several questionable activities with the company’s financial statements. What might have been the ethical decision that Ernst & Young (E & Y) faced with the client?
- After reading the charges made by the OSC, explain how a deontological approach may have helped avoid each charge.
- What are the duties of management and ownership in regard to the stakeholders of Atlas? In what ways did management fail?
- What items should have been noticed by the auditors?
- Describe any specific internal controls that might have prevented this situation.
Requirements:
Your written paper should be 4-5 pages in length not counting the title and reference pages, which you must include.
- Use terms, evidence, and concepts from class readings.
- You need to cite at least three sources for this assignment, outside of the textbook. The CSU-Global Library (Links to an external site.) is a great place to find resources.
- Your paper must be formatted according to CSU-Global Guide to Writing and APA (Links to an external site.).
- If you need help formatting, writing, or doing research the CSU-Global Writing Center (Links to an external site.) can help!
