Diamond Foods, Inc. /

This case examines a real-life occurrence of alleged financial statement fraud by Diamond Foods, Inc. Specifically, the company purportedly understated walnut costs in order to falsify earnings to meet estimates by stock analysts. The facts of this case are drawn from Securities & Exchange Commi...

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Bibliographic Details
Main Authors:	Sankara, Jomo (Author), Lindberg, Deborah L. (Author)
Corporate Author:	Sage Publications
Format:	eBook
Language:	English
Published:	London : SAGE Publications Ltd, 2017.
Series:	SAGE Knowledge. Cases.
Subjects:	Fraud > Case studies. Business ethics > Case studies. Nut industry > Case studies. Diamond Foods, Inc. > Case studies. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	This case examines a real-life occurrence of alleged financial statement fraud by Diamond Foods, Inc. Specifically, the company purportedly understated walnut costs in order to falsify earnings to meet estimates by stock analysts. The facts of this case are drawn from Securities & Exchange Commission (SEC) accounting and auditing enforcement releases and administrative proceedings releases. Learning objectives specific to this case include increased awareness of real-life ethical dilemmas, understanding the reasons for earnings management, understanding the costs of earnings management, and greater awareness of appropriate auditing responses to potential earnings management fraud. The case can be used for either managerial classes or auditing classes.
Item Description:	Originally Published InSankara, J., & Lindberg, D. L. (2014). Diamond Foods, Inc. IMA Educational Case Journal, 7(4), Article 1.
Physical Description:	1 online resource.
ISBN:	9781526426499 (ebook) :