Auditing and Accounting Cases: Investigating Issues of Fraud and Professional Ethics 3rd Edition by Jay Thibodeau,Deborah Freier

Exercise 5

Consider the role of the employees in the Property Accounting group at WorldCom. If the employees in that group suspected that the entries being proposed by management were fraudulent, do you believe that the accountants had a responsibility to report the behavior to the audit committee? Why or why not?