Read the following case: Srinivasan, S., & Gray, T. (2013, February 13). Diamond Foods, Inc. Harvard Business Review. Answer questions

User Generated

ratvarahzoreavar21

Other

Description

Option #1: Diamond Foods, Inc.

Read the following case: Srinivasan, S., & Gray, T. (2013, February 13). Diamond Foods, Inc. Harvard Business Review. Retrieved from: https://cb.hbsp.harvard.edu/cbmp/pl/78581535/78581547/759659fcf9368d0274205d9c2175f6ae

Practical Analysis:

  • Is Diamond Foods, Inc. at risk for fraud? Why or why not?
  • Apply the Fraud Triangle to this case. What are the results?
  • Are there any mitigating factors that should be considered, that could potentially reduce the potential risk level of fraud occurring in this situation?
  • As a Certified Fraud Examiner reviewing details of this case, what specific items would you investigate at year-end to determine whether fraud has occurred? Would you need to utilize forensic accounting or fraud auditing? Why?
  • Please integrate multiple theories of fraud in your report.

Please submit a paper in a Word document of three to five pages in length, not including the title and reference pages, that adheres to the CSU-Global Guide to Writing and APA. This paper should specifically address each of the questions above and provide support for your position where required. Please provide at least two citations other than the textbook to support your position.

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Please let me know if there is anything needs to be changed or added. I will be also appreciated that you can let me know if there is any problem or you have not received the work. Please let me know if there is anything needs to be changed or added. I will be also appreciated that you can let me know if there is any problem or you have not received the work Good luck in your study and if you need any further help in your assignments, please let me know Can you please confirm if you have received the work? Once again, thanks for allowing me to help you R P.S: Studypool is facing high level of traffic which may delay the downloading process. MESSAGE TO STUDYPOOL NO OUTLINE IS NEEDED

Economic fraud Diamond Food
by Hal 180418-08

Submission date: 18-Apr-2018 05:41PM (UT C-0400)
Submission ID: 949306440
File name: economic_f raud.docx (23.44K)
Word count: 1555
Character count: 8657

Economic fraud Diamond Food
ORIGINALITY REPORT

12

%

SIMILARIT Y INDEX

1%

0%

12%

INT ERNET SOURCES

PUBLICAT IONS

ST UDENT PAPERS

PRIMARY SOURCES

1
2

4%

Submitted to Tarleton State University
St udent Paper

Submitted to Colorado State University, Global
Campus

3%

St udent Paper

3
4
5

Submitted to University of Wolverhampton
St udent Paper

1%

Submitted to Universiti Putra Malaysia
St udent Paper

1%

www.sec.gov
Int ernet Source

Exclude quotes

Of f

Exclude bibliography

On

3%

Exclude matches

Of f

Economic fraud Diamond Food
GRADEMARK REPORT
FINAL GRADE

GENERAL COMMENTS

/0

Instructor

PAGE 1
PAGE 2
PAGE 3
PAGE 4
PAGE 5
PAGE 6
PAGE 7


Running head: ECONOMIC FRAUD

1

Economic Fraud
Professor’s Name
Student’s Name
Institutional Affiliation
Date

ECONOMIC FRAUD

2
Did Diamond Foods commit an illegal act?

Yes, Diamond Foods did commit an unlawful act. Recording payments in the wrong year
to boost financial results is accounting fraud. Diamond Foods ignorance to GAAP is illegal. The
determining factor would be to prove that they did this intentionally. The company also
committed acts that are illegal under SOX section 302, stating. This states that if top
management knowingly signs off on a financial report where there is a material issue that is
related to fraud, then they are subject to a jail term of up to 10 years as well as a fine of up to 1
million dollars. The CFO and CEO of Diamond Foods were aware of...


Anonymous
Just what I was looking for! Super helpful.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Related Tags