Follow the requirement I give to you 1 to 9:Explain briefly the techniques used by Diamonds senior management to manipulate the Company’s earnings in fiscal 2010 and 20111. Was Diamond’s accounting in compliance with IFRS? Explain Diamond’s Audit Committee concluded that a “continuity” payment made to growers in August 2010 of $20 million and a “momentum” payment made to growers in August/September 2011 of $60 million were not accounted for in the correct periods. How would you determine whether the effect of these payments in incorrect accounting periods was material or immaterial? Provide support for one side. Why is it important for an auditor to understand a client’s business environment? Provide some examples of Diamond’s business risk contributing to the financial reporting and audit risks that Deloitte had to consider in performing the audit for fiscal 2011. Explain how the presence of the three aspect of the fraud triangle enabled fraud to occur at Diamond Foods in fiscal 2011. In representing that the financial statement are presented fairly with the financial reporting framework, management makes assertions regarding the recognition, measurement, presentation, and disclosure of the various elements of financial statements and related disclosures. Which financial statement assertions are likely violated as a result of Diamond’s incorrect recording of the $20 million and $60 million payments? Explain At which stages in the audit should the auditor exercise professional skepticism? How does exercising professional skepticism impact audit procedures? In Exhibit 1, Panels A and B present Diamonds common size balance sheets and statements of operations, respectively. How external auditors can use these statements for analytical procedures? At what point in the audit should the auditors use analytical procedures? ExplainIdentity at least two material weaknesses in Diamonds internal control system (WIR assessment)

In the Capsim simulation, you receive clear information about customers’ requirements and how they change over time. This allows you to anticipate exactly where a new product should be placed to best capture market share throughout the simulation. Even knowing that, however, doesn’t make the implementation simple.Review the Capsim Mini-Case Study entitled “Strategy.” To access Capsim case studies, click “eText and Cases” from the left navigation menu, as shown below:Consider the following important topics:Describe what your competitors are doing.Analyze other products in the market.Evaluate the resources needed to design and market the product.Compare the capacity needed to build the product with the available capacity.Address each of these four elements in your paper.Your paper should meet the following requirements:Be 5-6 pages in length, excluding the title and references pages.Be formatted according to the APA (see attached)In addition to course resources, use the CSU-Global Library to find three additional resources to support the position you take.