Paper One Assignment
Pages 1 and 2
Introduction of the paper and case overview
Research summary related to business/audit risk
Pages 4 and 5
Research summary related to fraud prevention/corporate
Case 5-7 question one response
-Use the Fraud Triangle to analyze the business and audit
risks that existed at Diamond Foods during the period of
its accounting fraud.
Pages 7 and 8
Research summary related to auditor obligations
Pages 9 and 10
Case 5-7 question two response
– How would you characterize Diamond’s accounting?
– Did they commit an error in recording walnut grower
– Was it an illegal act?
– Was it a fraudulent act?
– For each one, explain the reporting requirements for
Deloitte assuming they were aware of the transactions.
-Case 5-7 question three response
-What are the auditors’ obligations with respect to
accounting estimates and judgements made by
-Explain any concerns that should have existed about these
areas of the audit.
-Assume that Deloitte was aware of these issues – would
any of them rise to the level of a critical audit matter?
Pages 12 – 13
Research summary related to the role of financial analysts
Case 5-7 question four response
-Do you think non-GAAP information, such as that
provided to financial analysts, should be audited?
-Consider the value of such information to the users of
financial reports in answering this question.
Type Of Service: Academic paper writing
Type Of Assignment: Reserarch paper
Pages / words: 15/4125
Number of sources: 20
Academic Level: Doctoral
Paper formating: APA
Line Spacing: Double
Language style: US English