Chapter 19, Problem 38RDC

a.

To determine

Discuss whether the undocumented disbursements and the missing securities’ proceeds should be of concern to the auditor in a balance sheet– only audit.

b.

To determine

Identify the various courses of action that might be considered at least consider under these circumstances. Also, explain the arguments supporting each course of action.

c.

To determine

Explain what would be done in the given situation.

d.

To determine

Determine whether the given change in circumstances affect the conclusion in part (c).