Riley, a member in industry, is the CFO of Deutsch Sales, Inc. The firm of Morgan \& Francone, CPAs is performing an audit of the company for the year ended June 30, 20X6. Morgan \& Francone is about to conclude the audit engagement and issue their report on the June 30,206 financial statements. Riley is aware of a number of irregularities in the company's books and records that would materially and negatively affect both the company's financial position and the results of operations for the audited year. However, the firm did not ask Riley specifically about these irregularities or request any information related to them. What is Riley's obligation to inform Morgan \& Francone regarding these irregularities? The concept of "don't ask, don't tell" applies here. If the firm did not ask, Riley has no obligation to inform them. Riley must disclose the information to the firm. Riley cannot disclose the information as it would be an act of insubordination against her employer. Only if Riley signed the representation letter would she be obligated to disclose the information to the audit firm