Potter-Smith, Chartered Accountants - John S. Haywood-Farmer

Potter-Smith, Chartered Accountants

By John S. Haywood-Farmer

  • Release Date: 2007-02-26
  • Genre: Management & Leadership

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.

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