ACT 560 Mod 3 CT Case Study: Atlas Cold Storage Inc

Case Study: Atlas Cold Storage

Review the

Case Study: Atlas Cold Storage Inc

.

• 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 regarding 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 3-4 pages in length not counting the title and reference pages.
• You need to cite at least three sources for this assignment – the case can be one of the three sources

Your paper must be formatted according to APA guidelines.

Reference: Boritz, J. E., Robinson, L.A. (n.d.). Atlas Cold Storage Inc. Waterloo, Ontario, Canada: University of Waterloo.