1. Analyze the corporate governance systems at Logitech. Describe any weaknesses in these systems and how they affected the work of the external auditors.

2. Identify the red flags that indicate earnings management took place at LOGI. Discuss the accounting for inventory in the context of financial shenanigans.

3. Can you identify any violations of the AICPA Code of Professional Conduct by Jennifer Wolf? How about the external auditors in their audit of LOGI? Be specific.

4. There is no indication that LOGI staff accountants knew of the improper inventory accounting during 2010-2011. However, assume that one LOGI staff accountant, who is a CPA, did know about it. What steps should the staff accountant have taken once aware of the inventory issue? Be sure to explain each or the steps and why they would be taken.

5. Notwithstanding your answer to 114, assume the staff accountant decides to blow the whistle on the improper inventory accounting to the SEC. What protections are available to the staff accountant under the (a) Sarbanes-Oxley Act and (b) Dodd-Frank Financial Reform Act? Are there any conditions for these protections?