ACC 306 Week 5 Ethics Case 20-5

Apr 28th, 2015
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ACC 306 Week 5 Ethics Case 20-5

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Ethics Case 205 Softening the blow LO1 LO2 LO3Late one Thursday afternoon, Joy Martin, a veteran audit manager with a regional CPA firm, was reviewing documents for a long-time client of the firm, AMT Transport. The year-end audit was scheduled to begin Monday.For three months, the economy had been in a down cycle and the transportation industry was particularly hard hit. As a result, Joy expected AMTs financial results would not be pleasant news to shareholders. However, what Joy saw in the preliminary statements made her sigh aloud. Results were much worse than she feared.

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