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MGMT 5900 JWU Koss Corporation & Corporate Financial Scandal Case Study

MGMT 5900 JWU Koss Corporation & Corporate Financial Scandal Case Study

Question Description

I’m working on a management case study and need an explanation to help me study.

Corporate financial scandals for large companies have received a lot of press over the years, but financial scandals occur in companies of all sizes and in all industries. Read the case Koss Corporation Corporate Governance, Internal Controls, and Ethics: What Went Wrong

In an APA-formatted paper of at least 2 – 4 pages, not including the cover page and references, discuss the following:

  • What were the fraudulent activities in this case? Describe the internal controls that were missing or circumvented. Review the Sarbanes-Oxley Act to review appropriate internal controls and required reporting.
  • What were the problems in the corporate governance and/or organizational structure at Koss? What are the major requirements of SOX with regards to corporate governance and/or organizational structure? How should the corporate management and accounting function at Koss have been organized?
  • What should Julie Mulvaney have done when Sue Sachdeva requested her to assist in the fraud?

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