Question

See the "Madison Wells, Audit Manager" case for this question. When Alanis refused to discuss with...

See the "Madison Wells, Audit Manager" case for this question.

When Alanis refused to discuss with Madison how Le Prix's debt covenant violations had been addressed, what alternatives were available to her? Place yourself in her position. Which of those alternatives would you have chosen?

Homework Answers

Answer #1

madison could have asked people on the le prix auidt team if they had heard anything.one alternative i would have chosen was poke alanis for more information by explaining to him that i wanted to obtain some more additional information on this scenario so that i can have proper idea what should be done next time . madison was in a tought position as it would not be easy for her to approach her partner in such a manner espeically it was mentioned that her company is hierarchal and does not tolerate such type of behaviour.when all else failed ,madison should have left the company which was the best last alternative . working in such a place where secrets are kept and things are hidden is not a good environment to work for and remvoing from such toxic environemnt at the earliest was a good idea

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Read the following Internal Audit Section of LDC Cloud Sytems Case study and answer the question:...
Read the following Internal Audit Section of LDC Cloud Sytems Case study and answer the question: INTERNAL AUDIT CFO Arizmendi had hired Scott Tensar during the run-up to the IPO for the purpose of creating and heading the internal audit function, and Tensar had continued to report directly to Arizmendi since that time, with a secondary reporting relationship to the board’s audit committee. Tensar, who was well-qualified for the position, was responsible for providing assurance that LDC’s major risks were...
Question 2 [40 Marks] Angela have recently been appointed as senior-in-charge of the audit of Signs...
Question 2 [40 Marks] Angela have recently been appointed as senior-in-charge of the audit of Signs (Pty) Ltd. The company is a subsidiary of Boards Ltd and all companies in the group are required to have their annual financial statements externally audited. The company produces a wide selection of signs and signboards, ranging from small signs used on doors etc. to large freestanding road signs. Traffic and road signs form the major portion of the company’s sales. Signs (Pty) Ltd...
Section 5: Subsidiary 5 – General Machinery Company Limited (Case for Audit Partner) General Machinery Company...
Section 5: Subsidiary 5 – General Machinery Company Limited (Case for Audit Partner) General Machinery Company Limited, a subsidiary company of Las Vegas Group Corporation (USA) Limited, is primarily a distributor of a range of machinery and equipment and also engages in other business activities. It has assets of approximately $4m, including current assets of nearly $2m. The draft Statement of Financial Performance of the company has just been completed by the company accountant and presented to the auditors, Disneyland...
consider the case study below and answer the question that follows: You have just taken over...
consider the case study below and answer the question that follows: You have just taken over the nurse manager job on a medical surgical unit. The nurse manager that was previously in the position left abruptly two weeks ago. An alternate nurse manager from the telemetry unit next door has been filling in to help with staffing, but has provided little management and supervision to the unit. When you walk around the unit throughout your first day of work and...
(Subject) Fraud Examination Cash Larceny Case Study Case Narrative Dr. David Glabman had always been skeptical...
(Subject) Fraud Examination Cash Larceny Case Study Case Narrative Dr. David Glabman had always been skeptical about his employees stealing money from him until he hired Shirley. When his previous receptionist left his practice, Dr. Glabman and his wife, his office manager at the time, were looking for someone to fill the position. They found Shirley through a temp agency. Because of her commitment and hard work, Dr. Glabman decided to hire Shirley as his new receptionist after only two...
Case study continued (questions 5–8) When Imogen meets with her supervisor, Grace, to seek support with...
Case study continued (questions 5–8) When Imogen meets with her supervisor, Grace, to seek support with her schedule, Grace is initially concerned that Imogen can’t manage the workload. Grace suggests she prepare a list so she can see what she is spending her time on. Imogen writes the following for a typical day: • Care for Jack, John, Bernard, Mario and Rudy – see to medication, meals, morning and afternoon tea, personal care and appointment scheduling and planning • Clean...
Background You are a manager in the audit division at Miller Yates Howarth (MYH), an accounting...
Background You are a manager in the audit division at Miller Yates Howarth (MYH), an accounting firm with offices throughout the major regional centres of NSW and Queensland. Although a medium sized firm by national standards, MYH is the second largest regional accounting firm in Australia. Most of MYH’s audit clients are in the agriculture, mining, manufacturing and property industries. All of those industries are currently under pressure, either from a downturn in commodity prices or fierce competition from overseas...
You are a manager in the audit division at Miller Yates Howarth (MYH), an accounting firm...
You are a manager in the audit division at Miller Yates Howarth (MYH), an accounting firm with offices throughout the major regional centres of NSW and Queensland. Although a medium sized firm by national standards, MYH is the second largest regional accounting firm in Australia. Most of MYH’s audit clients are in the agriculture, mining, manufacturing and property industries. All of those industries are currently under pressure, either from a downturn in commodity prices or fierce competition from overseas competitors....
Case 13 ✍ It Was Really So Simple Background Information Brenda Galway leaned back in her...
Case 13 ✍ It Was Really So Simple Background Information Brenda Galway leaned back in her chair, sighed heavily, and slowly rubbed her eyes in big circular motions. “I don’t need all this aggravation,” she thought to herself. She had just finished reviewing the report she had requested from her new employee, Bill Stanley. The entire report was incorrect and would have to be redone. Brenda supervised Unit B of the Audit Department. The Unit B team had earned the...
Case # 2 A poor outcome has occurred on a patient, Mrs. Earle, who was admitted...
Case # 2 A poor outcome has occurred on a patient, Mrs. Earle, who was admitted for a routine cholecystectomy. An investigation is conducted to find out what happened and how the poor outcome could have been prevented. Maria Blanco, the RN who was on shift that day, must think back to her prioritization and organization of patient care. SCENE 1: The operating surgeon, the chief safety officer for the hospital, and the charge nurse (as the nurse manager was...