To: ACCY 303 Class, AE5 From: Man Fun Daniel Yeung, Seung Kim, Young Jae Lee, Max Kirsch Date: Oct. 18, 2010 Re: Financial Reporting Problems at Molex, Inc. INTRODUCTION This report discusses Molex, Inc.’s conflicts with its auditor, Deloitte and Touche, over a reporting issue in 2004. The report explains the details of the firm’s issue while also addressing the intentions behind Molex’s decisions, Deloitte’s concerns, and the resolutions for the conflict. MOLEX’S PROBLEMS…
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