A unique aspect of the HealthSouth case discussed in the text of this chapter is:
A) The external auditors failed to assess whether the internal controls operated as intended
B) Top management certified that the financial statements were accurate
C) The external auditors violated the independence standards because they were involved in a business venture with members of top management
D) Top management hyped the stock price to increase the value of their stock options

Question

Quizplus · Accepted Answer

Top management certified that the financial statements were accurate, which was a unique aspect of the HealthSouth case, as it involved fraudulent financial reporting despite such certifications.

A Unique Aspect of the HealthSouth Case Discussed in the Text