The director of professional standards at Potter-Smith, a growing 32-office chartered accounting firm, is preparing a report to the managing director. The report concerns a $400,000 legal action launched by a bank charging Potter-Smith with damages for issuing a faulty audit. The director of professional standards must decide if the firm's quality control procedures are adequate.
Advertisement
Get insights into your website traffic, analyze your website's audience, and optimize your website for better results with Website Statistic.