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[6] Is it appropriate for an audit partner to have a friendly personal
relationship with a client? At what point could a personal relationship
become an independence issue?
[7] In your opinion, what should Scott do? Briefly justify your position
and explain how you would approach George on Monday.
PROFESSIONAL JUDGMENT QUESTIONS
It is recommended that you read the Professional Judgment Introduction
found at the beginning of this book prior to responding to the following
questions.
[8] How is professional skepticism related to professional judgment?
Describe a few factors that might be clouding Scott’s professional
skepticism.
[9] Consider the judgment trap of solving the wrong problem. What are
some problems that Scott is trying to solve? What is the problem he
should be trying to solve? Describe how he might reconcile the two
objectives so that the problem becomes simpler to resolve?
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ACC 546 Individual Assignment 1.1 Ocean Manufacturing, Inc
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