Question
Youve been working as a staff auditor for E&Y for the past couple of years. Your firm decides to put you on the audit of
Youve been working as a staff auditor for E&Y for the past couple of years. Your firm decides to put you on the audit of Blizzard Entertainment Inc. While Blizzard is new to you, your firm has been auditing them for a number of years. Before you start working on the audit you learn that your recent romantic partner works for Blizzard in their accounting department (up until that point you had been so hot and heavy you had never asked where they worked).
A (3 points) What important concept from our discussion on fundamental principles in Chapter 2 applies to this situation? Define the two components of this concept and explain why theyre important.
B (3 points) Is it still appropriate for you to work on this audit? What could you do? Explain your answer.
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