Chapter 2: Professional Skepticism Discussion Topic In August 2010, Michael Dell, Dell, Inc.'s CEO and chairman of the board, was reelected to Dell's board of directors by Dell's shareholders. However, not all of the shareholders were happy with Mr. Dell's reappointment. Specifically, two labor groups that own shares of Dell stock wanted Mr. Dell removed from the board because of an action and settlement of the SEC involving the company and Mr. Dell. The SEC complaint alleged various accounting manipulations that called into question Dell's reported financial success from 2002 to 2006. In July 2010, Dell, Inc. agreed to pay $100 million to settle SEC charges, without admitting or denying guilt. Mr. Dell agreed to pay a $4 million fine, also without admitting or denying guilt. Instructions: Please answer the following question: If you were Dell's external auditor, how would you respond to concerns about the quality of governance at Dell? Make sure to use at least 150 words in your answer. After this, make sure to respond to at least one of your peer's responses using at least 50 words. Responses (0)