Problem

Confidentiality and the auditorWest Aston discovered a significant fraud in the accounting...

Confidentiality and the auditor

West Aston discovered a significant fraud in the accounting records of a high profile client. The story has been broadcast on national airways. Aston was unable to resolve his remaining concerns with the company’s management team and ultimately resigned from the audit engagement. Aston knows that he will be asked by several interested parties, including his friends and relatives, the successor auditor, and prosecuting attorneys in a court of law to tell what he knows. He has asked you for advice.

Required

Write a memo that explains Aston’s disclosure responsibilities to each of the interested parties.

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