Freescale Semiconductor, Inc.

Review the
Freescale Semiconductor case in your
textbook. The link can be found belw to the case from the text.

http://books.google.com/books?id=HPwVqabKeXEC&pg=PA281&lpg=PA281&dq=during+the+summer+of+2006,+a+syndicate+of+investors+led+The+Blackstone+Group,+one+of+Wall+Street’s+largest+private+equity+investment+firms,+initiated+a+secret+plan+to+acquire+Freescale+Semiconductor.&source=bl&ots=G0j0u2sfEr&sig=LjGg_j9QBzBPcHs64uXzCXKf-rU&hl=en&sa=X&ei=n1H7U8n3CcX-yQS8uoHAAw&ved=0CB4Q6AEwAA#v=onepage&q=during%20the%20summer%20of%202006%2C%20a%20syndicate%20of%20investors%20led%20The%20Blackstone%20Group%2C%20one%20of%20Wall%20Street’s%20largest%20private%20equity%20investment%20firms%2C%20initiated%20a%20secret%20plan%20to%20acquire%20Freescale%20Semiconductor.&f=false

Prepare a twelve to twenty (12-20) slide PowerPoint presentation with speaker
notes in which you:

1. Give your opinion as to whether or not additional laws and harsher penalties
   on financial fraud can eliminate or mitigate financial fraud. Support the
   rationale.
2. Suggest three (3) new strategies that you believe the government can
   implement to eliminate or mitigate insider trading. Provide a rationale to
   support the suggestion.
3. In this case study, leaked merger and acquisition information was used to
   enable the fraud. Determine the key internal controls needed over the
   communication of confidential information to outside parties, and analyze the
   manner in which these controls act as a deterrent to fraudulent activities.
4. Pretend you are Donna Murdoch in this case study and propose an alternative
   plan to act on the leaked information. Next, recommend one (1) strategy to
   communicate the alternative plan and determine whom the plan should be
   communicated with. Justify the response.
5. In this case study, E&Y was providing a consulting service to The
   Blackstone Group related to its planned acquisition of Freescale Semiconductor.
   Compare and contrast the different auditor’s professional responsibilities
   between consulting engagements and audit engagements.
6. Take a position on whether more legislative and/or regulatory agency
   oversight will increase or decrease corporate fraud. Provide a rationale to
   support the position.
7. Use at least two (2) quality academic resources in this assignment. Note:
   Wikipedia and similar type Websites do not qualify as academic
   resources.

Your assignment must follow these formatting requirements:

• Apply APA standards to citation of sources

• No more than four (4) bullets per slide

• No more than six (6) words per bullet

• Headings:Times New Roman Font:36 Points

• Bullets:Times New Roman Font:24 Points

• Add bulleted speakers notes

• Include a cover page containing the title of the assignment, the student’s
  name, the professor’s name, the course title, and the date.

The specific course learning outcomes associated with this assignment
are:

• Examine the various types of financial fraud and the auditor’s
  responsibilities related to fraud detection.

• Evaluate the legal environment for liability related to financial audits and
  the proactive activities that a professional may take to prevent
  litigation.

• Use technology and information resources to research issues in
  auditing.

• Write clearly and concisely about auditing using proper writing mechanics.