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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1456 |
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It is suggested that this assessment was based on Ernst & Young’s dealings with management on other non-audit services rather than a true audit risk analysis. (Weil, 2004)
There is further evidence that Ernst & Young should have been more sceptical in their risk analysis when in a hearing to decide whether one of HealthSouth’s executives assets should be unfrozen, two partners from Ernst & Young testified that they had received an email from a HealthSouth employee advising them to examine three specific accounts for fraudulent activities relating to asset capitalisation...
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(Weil, 2004)
There is further evidence that Ernst & Young should have been more sceptical in their risk analysis when in a hearing to decide whether one of HealthSouth’s executives assets should be unfrozen, two partners from Ernst & Young testified that they had received an email from a HealthSouth employee advising them to examine three specific accounts for fraudulent activities relating to asset capitalisation...
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