(Solution) - Consult Paragraphs 17 23 of PCAOB Auditing Standard No 14 As -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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Pages: 5 Words: 1375

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Consult Paragraphs 17-23 of PCAOB Auditing Standard No. 14. As discussed in the case, during both the 1996 and 1997 audit, Phillip Harlow allegedly discovered a number of different accounting entries made by Sunbeam that were not compliant with Generally Accepted Accounting Principles (GAAP). Speculate about how Harlow might have explained his decision not to require Sunbeam to correct these alleged misstatements in the audit working papers.