What do you need to say to Harlow? What are the likely objections or pushback?
Question:
• What are the likely objections or pushback?
• What would you say next? To whom, and in what sequence?
Assume you were the technical advisory partner for Andersen on the Sunbeam engagement and reported directly to Harlow. You have just reviewed all the work papers on the audit including materiality judgments. You are concerned about what you have just seen. Further assume that you consider yourself to be a pragmatist, one who is concerned with your own material welfare, but also with moral ideals. Develop a plan of action for voicing your values to ensure you are heard by Harlow and others in the firm. Consider the following in developing the plan to do the right thing:
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Harlow used the concept of materiality to conclude that Sunbeams adjustments to its recorded earnings could be kept at a minimum As the technical advi...View the full answer
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