Identify and briefly explain each of the principal objectives that auditors hope to accomplish by preparing audit workpapers. How were these objectives undermined by Deloitte’s decision to alter North Face’s 1997 workpapers?Explain
The Task: Based on a The North Face, Inc. case write a case study-report that answers the following questions: 1. Should auditors insist that their clients accept all proposed audit adjustments, even those that have an “immaterial” effect on the given financial statements? 2. Should auditors take explicit measures to prevent their clients from […]