Question: You are to write 2 pages, case study, that will provide full and clear answers to the highlighted requirements.
Case: The Runner Shop: Litigation Support Review of Audit Working Papers for Notes Payable (By Frank A Buckless, Mark S. Beasley, Steven M. Glover, and Douglas F. Prawitt)
Requirements: You are working for the litigation support firm hired to identify deficiencies with the audit work performed by Green and Brown, LLP. Your assignment is to identify deficien¬cies with the audit work performed by the audit firm related to TRS's Notes Payable. The purpose of reviewing this section of the working papers is to demonstrate a pattern of careless behavior on the part of the auditors to build a case of auditor negligence.
The audit work performed by the audit firm related to TRS's Notes Payable is doc-umented in the enclosed working papers. Green and Brown, LLP's guidelines for the preparation of working papers have also been provided for your information. Deficien¬cies you identify should be listed on the enclosed schedule.