Hollate manufacturing case study solution
It had 2,100 employees, sales of $1 billion, Before coming to Hollate, Blackburt had served as CFO profit margins in line with historical industry norms, of a manufacturer that had grown through acquisitions, Hollate Manufacturing Case Study 1 f but had reached the limits of its growth some years earlier. sales and had done well at Hollate. 1) Assess. 2) Identify. 3) Respond. 4) Conclude. For this Hollate Manufacturing Case Study assignment, you will simulate these four steps and develop a fraud. This preview shows page 1 - 3 out of 5 pages. Hollate Manufacturing Case Study Kalley Thompson ACCT 5125 Using the fraud triangle as a starting point and guide, perform a fraud risk assessment.
The Fraud triangle is framework that was created to help us analyze and understand the reasons why fraud is committed in the workplace. Hollate Manufacturing Case Study Wednesday, March 27, 2013 Download PDF The Hollate Manufacturing Case Study examines a potential material fraud at a fictional manufacturing company to raise awareness of environments in which financial reporting fraud might flourish. The CEO of Hollate Manufacturing Company had implemented a new work culture in the firm that matched who he is ie hardworking with an admirable personality. He developed a good and strong working relationship with his managers and he insisted on trust among employees and he had the utmost confidence in them. Hollate Manufacturing Case Study 1 Jack Brennahan had his dream job. He had always wanted to head a manufacturing company and five years earlier he received that opportunity at Hollate when he was promoted from the CFO position. He enjoyed the work, the exciting environment he had helped create, and the people around him. Hollate Manufacturing Case Study Assignment Solution Just from $13/Page Order Essay Order NOW to get 15% Discount! Academic Level Type of paper Deadline Pages $32 Why Choose Us Quality Papers We value our clients. For this reason, we ensure that each paper is written carefully as per the instructions provided by the client. The Hollate Manufacturing case provided by Anti-Fraud Collaboration has well illustrated how several common issues in an organization contributed to the fraud’s occurrence. These issues can be categorized into two major groups: ethical culture (internal aspect) and internal control system (external aspect). The analyzed case study refers to the Hollate Manufacturing company, which belonged to the home construction industry since 1950s. The company operated in the United States and Canada with 14 divisions spread throughout the countries. Hollate’s performance was significantly better than its peers, resulting in $1 billion sales.