Melanie Adams is a partner in a medium-sized public accounting firm and takes an active part in the conduct of every audit she supervises. She follows the practice of reviewing all working papers of subordinates as soon as it is convenient, rather than waiting until the end of the audit.

When the audit is nearly finished, Adams reviews the working papers again to make sure she has not missed anything significant. Since she makes most of the major decisions on the audit, there is rarely anything that requires further inves¬ tigation. When she completes the review, she prepares a pen¬ cil draft of the financial statements, gets them approved by management, and has them keyed, printed out, and assem¬ bled in her firm's office. No other partner reviews the work¬ ing papers because Adams is responsible for signing the auditor's reports.
Required

a. Evaluate the practice of reviewing the working papers of subordinates on a continuing basis rather than when the audit is completed.

b. Is it acceptable for Adams to prepare the financial statements rather than make the client assume the responsibility?

c. Evaluate the practice of not having a review of the working papers by another partner in the firm.