Indicate Whether You Agree or Disagree with the Following Statements

question 18

Essay

Indicate whether you agree or disagree with the following statements and explain your reasoning.
a) Steven Bischoff, the senior auditor at Martineau, Hellman and Nathan made the following statement to his audit team: "What constitutes sufficient appropriate audit evidence is a matter of judgment."
b) Metropolitan Poultry Company operates as a specialty food distributor. Gordon Atkins, auditor, has told his staff that the bankruptcy of a customer at year-end should not be considered a type 1 event.
c) Mississauga Ice Pucks auditor Dave Ganesh found an omission of a disclosure in the financial statements of the hockey team. He called this an error.
d) Stacey Kurvers was told by the client that a limitation in the scope of his work would require a modification to the audit report.

---

Definitions:

Consistent Limits

Clear, predictable boundaries set by authority figures that guide individuals' behavior.

Theory of Mind

The cognitive ability to understand that others have beliefs, desires, and intentions that are different from one's own.

Self-awareness

The conscious knowledge of one's own character, feelings, motives, and desires.

Social Referencing

The intentional search for information about others’ feelings to help make sense of uncertain circumstances and events.