what would you recommend to the caller if you wrer dr"mitchellM what are the risks of continuing to work with the company? what are the risks of resigning immediately? could the state board of accountancy be a source of advice?
what responsibility,if any,does the caller have to report this situation direcly to the bank involved? before you respond,think about the risks present if the caller does inform the bank and it later turns out that the caller's assessment of the situation was inaccurate and,in fact there was on fraud.
what other parties, if any, should be notified in addition to the bank? what concerns do you have about notifying the external auditors?