Accounting Discussion Board: Wells Fargo & Co. WFC

TEN Points – (comments on classmates’ posts are encouraged)

Consider the following publicly traded firms. Choose one or more of these firms to write a paragraph about to address the following question:

1. Provide a statement explaining what auditors should consider when evaluating whether or not to accept a client.

2. Choose one or more of the following firms and write a paragraph about the potential risks involved with client acceptance. You can also consider the audit risk model and how it might apply to this firm.