Discussion:
1. Review the case - Franklin Industries' Whistleblowing.
Respond to the following:
What is your most powerful and persuasive response to the reasons and rationalizations you need to address? To whom should the argument be made? When and in what context?
2. Question:
Do you believe a member of the audit engagement team servicing a client should also serve on the audit committee of the board of directors of the client entity? Why or why not?