Financial Reporting Problems at Molex, Inc. (A)

For this assignment you will need to find/research Financial Reporting Problems at Molex, Inc (A) case.
In this case, you will look at the Financial Reporting Problems at Molex, Inc (A). You will look at the issues involving financial reporting and internal controls. Also, you will have an opportunity to look at the role of outside regulation and inside regulation.

In addition to the requirements for the analysis of a case study covered below, please specifically answer the following questions:

What factors do you think influenced management’s decision not to raise the issue with the auditors?

Why were Molex’s auditors so concerned about the reporting problem at Molex? If you were a member of the board, would you agree with their concerns?

As a member of Molex’s board, what would you do to respond to the auditor’s request that the CFO (possibly the CEO) be replaced?

Format: Must include these headers

Title page

Company and Situation: Describe the Company and Situation
To begin your case study analysis, discuss the critical incidents that have contributed to the current position of the company. Here you must identify the most important facts surrounding the case.
Does the problem or challenge facing the company come from a changing environment, new opportunity, a declining market share, or inefficient internal or external business processes?

Strengths, Weaknesses and Alternatives: Identify Strengths and Weaknesses as well as Alternatives
Examine the value creation functions of the company and specify alternative courses of action.
List the courses of action the company can take to solve its problem or meet the challenge it faces. What changes to organizational processes would be required by each alternative? What management policy would be required to implement each alternative? Remember, there is a difference between what an organization “should do” and what that organization actually “can do.” Some solutions are too expensive or operationally difficult to implement, and you should avoid solutions that are beyond the organization’s resources. Important: Identify the constraints that will limit the solutions available. Is each alternative executable given these constraints?
Implementations: Analyze Implementations This portion of the case study analysis requires that you identify and analyze the structure and control systems that the company is using to implement its business strategies. Evaluate organizational change, levels of hierarchy, employee rewards, conflicts, and other issues that are important to the company you are analyzing.
Recommendations: Make Recommendations The final part of your case study analysis should include your recommendations for the company. Every recommendation you make should be based on and supported by the context of your case study analysis, i.e., what you have already written.

Additional Questions: Answer the additional questions as shown below. Each question should be placed in bold as a header:

What factors do you think influenced management’s decision not to raise the issue with the auditors?

Why were Molex’s auditors so concerned about the reporting problem at Molex? If you were a member of the board, would you agree with their concerns?

As a member of Molex’s board, what would you do to respond to the auditor’s request that the CFO (possibly the CEO) be replaced?

References: Reference page

Last Updated on February 10, 2019 by EssayPro