ACC 562 Course Great Wisdom / tutorialrank.com ACC 562 Course Great Wisdom / tutorialrank.com | Page 26

Analyze the role of the audit committee for Madoff Securities in
regard to the discovery of Ponzi scheme, and suggest one (1) action
the audit committee could have taken in order to prevent or detect the
fraud. Provide a rationale to support the suggestion.
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ACC 562 Week 3 DQs
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From the case study, use the ethical framework to propose a course of
action that you would take concerning the audit. Provide a rationale
for your response.
Imagine that you work for an audit firm and the firm selected you to
assess its auditor independence and the potential threats to the firm.
Determine at least two (2) potential threats to auditor independence
and recommend one (1) strategy for the firm to eliminate or mitigate
those threats you determined.
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ACC 562 Week 4 DQs
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From the first e-Activity, determine at least two (2) AICPA
Professional Conduct principles that are most likely to be violated.
Provide a rationale to support your response.