Visit the PCAOB’s website and locate the PCAOB’s Settled Disciplinary Order against David M. Burns issued on December 19, 2017, to answer the following questions:
a. What position did Burns hold within the audit firm and how long had he served in
that position?
b. What audit client was related to this Disciplinary Order?
c. What are the main PCAOB accusations of Burns’ failures in relation to the audit?
d. How were the client’s financial statements impacted by his inappropriate actions?
e. What penalties did the PCAOB impose on Burns?
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