Diamond Foods Inc. Contract Renewal Fail Business Case Study Help

Anonymous
timer Asked: Mar 28th, 2019
account_balance_wallet $10

Question Description

Two papers or more of summary.

I need you to summarize this case in two pages or more (the cover page not included), single space.


Tutor Answer

EagleEye1
School: UT Austin

Completed.

Outline
1. Abstract; a brief summary on what is in the Diamond Food Inc. content. The goal of
Diamond Foods becoming a primary competitor at any cost; it engaged in
questionable and unethical behaviors while the leadership of the company attempted
to monopolize the market.
2. Key Issues on concern in this case such as; the walnut market monopolization,
deceitful accounting practices, and defrauding investors
3. Case Analysis; analyzing all the practices performed by the company like;
automatically renewal of their contract for three years terms unless terminated by
either party, four payments were to be made annually by the Diamond to the growers
following delivery.
4.

The primary objectives of Diamond Foods' Case; This case enables students to
develop an understanding of the quality accounting specifically focusing on the
revenue as well as expense recognition issues involved. They can as well understand
how external parties like Mark's firm can uncover accounting “shenanigans”, learn
about the risks and opportunities as the company proliferates through acquisitions.


Running Head: DIAMOND FOODS

1

Diamond Foods Inc.
Student’s Name
University Name
Course Name
Date

DIAMOND FOODS

2

Diamond Foods Inc. Summary
Abstract
The case of Diamond Foods Inc. describes the primary accounting blow up at the
company in the late year 2011. The case was triggered by Off Wall Street report, which is and
was a prominent selling research firm. CEO Michael Mendes led this company (Diamond
Foods), and it was a high growing company that emerged from 2005 as a walnut farmers'
cooperative into a branded snack foods manufacturer due to the acquisitions series strength.
Diamond started to drop its high profile Pringles acquisition due to the accounting scandal which
caused improper accounting for walnut purchases. Besides it also dropped an investigation of
DOJ and SEC, CEO and CFO departed as well as grounding of high flying growth of the
company. This case...

flag Report DMCA
Review

Anonymous
Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors