...Ethics and Compliance Paper FIN/370 Ethics and Compliance Paper In today’s business world, all businesses, organizations, and corporations must conduct business with the utmost honesty and in an ethical manner. This paper has been designed to discuss the Walmart Corporation, its role of ethics and compliance, the procedures used to ensure ethical behavior, the processes Walmart uses to comply with SEC regulations, and a review of Walmart’s financial performance over the last two years. Role of Ethics and Compliance of Walmart The Walmart Corporation prides itself on its ethics and compliances to standards and regulations. Walmart shares all of its strategies and performance ratings in its annual reports, news releases, public filings, conference calls, and Internet resources so that all information is readily available to the public and potential and current stockholders. In regard to financial ethics of Walmart, the requirements are that the Chief Executive Officer (CEO) and Senior Financial Officers (SFO) must supply fair, full, understandable, and timely release of financial rankings in the periodic reports, which the Securities and Exchange Commission (SEC) examines. The CEO and SFOs of Walmart are responsible for reporting information that there may be in regard to deficits in operations in specific or general areas that could have a negative impact on the accurate reporting of financial data. Fraud involving associates who may be acting...
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...STR 581 WEEK 6 LEARNING TEAM PROJECT SELECTION - NEW IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://www.hwspeed.com/STR-581-Week-6-Learning-Team-Project-Selection-NEW-5609666666.htm?categoryId=-1 If You Face Any Problem E- Mail Us At JOHNMATE1122@Gmail.Com Resources: Strategic Plan and Presentation assignment from each team member Review all team members' Week 6 assignments. Discuss each project's strengths and weaknesses. Write an analysis of at least 750 words including the following: • Comparative analysis of the top 2 strategic plans • Selection of one of the strategic plans • Justification for the team's selection Click the Assignment Files tab to submit your assignment. ***************************************************************** STR 581 WEEK 6 INDIVIDUAL STRATEGIC PLAN AND PRESENTATION - NEW IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://www.hwspeed.com/STR-581-Week-6-Individual-Strategic-Plan-and-Presentation-NEW-6565095.htm?categoryId=-1 If You Face Any Problem E- Mail Us At JOHNMATE1122@Gmail.Com Resource: Implementation, Strategic Controls, and Contingency Plans assignment with facilitator feedback Complete a strategic plan for your organization of no more than 3,500 words. Update your plan to incorporate facilitator feedback from the drafts you submitted in previous weeks. Include the following: • Table of contents • Executive...
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...Ethics and Compliance Paper Joe Williams (Team “A") FIN/370 Version 7 January 15, 2014 Ms. Nicolla Tebao Ethics and Compliance Paper Walmart is obligated and committed to following the rules and regulation of U.S. Securities and Exchange Commission (SEC). To understand Walmart’s compliance process, we must first examine the company's three basic beliefs. These beliefs have allowed them to become a valued-based and ethically led company. These three beliefs are “Respect for Individuals, Service to our Customers, and Striving for Excellence”. Based on these beliefs Walmart has established guiding principles for its stores in many countries throughout the world to follow. The guiding principles that influences the process of this company used to comply with SEC regulations are; always act with integrity, follow the law at all times, be honest and fair, reveal and report all information truthfully, without manipulation or misrepresentation. Because Walmart is listed as a U.S. public company, and a global business it must consider the laws in other countries when implementing any form of compliance policy and procedures. Walmart has made improvements to its compliance programs around the world in reference to its processes, procedures, and people. Though Walmart is addressing only 14 compliance subject matters in every business, these areas are common everywhere Walmart does business. The 14 compliance subject matters are “anti-corruption, food security, anti-money laundering...
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...Ethics and Compliance Sarah jane FIN 370 July 17, 2010 Michael Joe Ethics and Compliance Paper Ethics and compliance play a significant role in an organizations financial environment. The ethical and compliance standards set in a company lay the foundation of how a company will do business with internal and external customers. Walt Disney Company is a well-known name around the world. A big company like Walt Disney set procedures that will ensure ethical behavior, and follow rules and, regulations that are set for them. PriceWaterHouseCoopers LLP is a public accounting firm that confirmed that Walt Disney Company’s financial statements were fairly done and proved that Walt Disney’s internal control was effective on financial reports (The Walt Disney Company, 2012). According to "U.S. Department of The Treasury" (n.d.), “The U.S. financial markets consist of many separate markets for diverse products offered on a range of trading platforms and exchanges.uyuyuhyuhuhuukhkuh” Taking out a loan for a car or home automatically makes a person part of a financial market. There are three principal groups of players that interact; they are borrowers, savers (investors), and financial institutions. Borrowers are those who need money to finance their purchases, such as businesses that need money tjhujhijikhnjhjhumjhjh o make investments, or individuals who need money to purchase a car. Savers (investors), are those who have money to devote, these individuals save money...
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...Ethics and Compliance Paper for Disney Corporation Team A FIN 370 July 13, 2011 Steven Russell Ethics and Compliance Paper for Disney Corporation The role of ethics and compliance that Disney Corporation commits to in accordance to their financial standards promotes conducting their business with the highest standards of business ethics, rules, laws, and regulations, which Disney Corporation has adopted Code of business conduct and Ethics for Directors Code. Directors have guidelines that consist of four basic guidelines such as, representing the interest of shareholders of the Walt Disney Company, display commitment, high standards of integrity, and independence of judgment, devote time, and energy to guarantee the diligent performance of his or her responsibilities, and complying with every condition of this code. Another major responsibility that Disney Corporation commits to is integrity in the company’s financial statements; compliance with all legal and regulatory requirements; qualifications and independence of the Company’s independent auditors; and performance of the company’s internal audit function (The Walt Disney Company, 2009). The Disney Company will review with management all financial reporting issues, which includes analyses of any effects of alternative GAAP methods on the financial statements. Disney Company’s internal control has an effective system that promotes the reliability of financial and operating information, which complies with applicable...
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...| Financial Terms and Roles | Individual Assignment | | FIN/370 | May 7, 2012 Kristopher Karazassis | | Financial Terms and Roles Finance is concerned with how individuals, such as managers, lenders, businesses, firms, investors, and borrowers allocate money over a specified period. This paper lists the definitions and roles of financial and accounting terms provided in the course design. The terminology that follows explains and interprets the concepts and elements relevant to the first week’s objectives and topics in Finance 370. Emphasis is placed on types of securities, markets, finance, equity, liability, ratios, and assets. Finance is the study of how people and businesses evaluate investments and raise capital to fund them. The key role of finance is the management of cash flow in deciding on investments, how to fund them, how to allocate money for day-to-day operations over time, and the interpretation of financial concepts, which is the central focus of finance. Efficient Market is a market price unbiased of the investments true mean value. The fact that...
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...Ethics and Compliance Paper FIN: 370 Finance for Business May 12, 2011 Walmart “Lowest prices guaranteed, Rollback prices and price matching”. You may have heard these lines on the radio or watched them in a commercial. These are all quotes from Wal-Mart advertisements promising the lowest prices. Wal-Mart is the biggest retailer in the world, with over 4,227 stores in the United States alone and 3,210 stores internationally. Sam Walton opened up the first Wal-Mart store in 1962 in Rogers, Arkansas little did he know how that was the start of a now; one of the largest worldwide enterprises. Wal-Mart; the largest retailer in the world, is a publically traded company. Wal-Mart has a very detailed ethical responsibility to their stakeholders, to ensure that their business practices are ethical and in compliance with the financial and legal requirements of each of the countries that Wal-Mart operates in. Ethics and Compliance Wal-Mart is one of the worlds leading companies financially, they have been widely recognized for many of there contribution (giving back to community), donations, foundations, military support, hunger relief, and world disaster relief programs. Wal-mart has also been recognized for working to reduce energy use and green house emissions buy continuing to transition to renewable energy and their goal is to one day only use energy that is derived from renewable resources. Wal-Mart has also joined with Humana, a health care insurance company...
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...` Ethics and Compliance and paper FIN/370 June 4, 2012 Introduction Barnes & Noble the internet’s largest bookstore is a wholly owned subsidiary of Barnes & Noble, Inc., a publicly traded company listed on the NYSE under the symbol "BKS." Barnes & Noble.com leverages the power of the Barnes & Noble brand to offer online customers the Web's premier destination for books, eBooks, magazines, toys & games, music, DVD and Blu-ray, video games, and related products and services” (Barnes & Noble’s, 2012). In this paper Team C will study the ethics and compliance of Barnes & Noble’s. After we obtain the company’s annual report and SEC filings for the past two years Team C will focus on the following: study the data provided in the report and address the ethical issues by reviewing the role of ethics and compliance in Barnes & Noble’s financial environment, explain the companies procedures that are in place to ensure ethical behavior is specified, give an explanation on financial markets and how it works in the United States, pinpoint the processes that the company uses to abide by SEC regulations, evaluate the organizations financial performance for the past two years will be displayed by using financial ratios for each year, and provide a discussion of the two year trend for each ratio and the finding of the organization’s financial health will be provided. Ethics and Compliance at Barnes and Noble Barnes and Noble is a successful organization...
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...Ethics and Compliance: Amazon.com FIN/370 May 31, 2013 John Wetherington Ethics and Compliance: Amazon.com To assess the role of ethics and compliance in Amazon’s financial environment we examine the procedures that ensure ethical behavior and that business is conducted following ethical standards. Compliance with SEC regulations and the last two years overall financial performance of Amazon will be examined and discussed. . Assess the role of ethics and compliance in your organization’s financial environment. Amazon.com employees, from the Board of directors to the newest employee agree to follow the Code of conduct. All employees agree to act lawfully, ethically and, in the best interest of Amazon.com. They maintain all financial statements, books, records and accounts in appropriate detail. They must properly reflect the company’s transactions while conforming to both applicable law and the organizations system of internal controls. The Company's financial, accounting and legal groups are responsible for procedures designed to ensure proper internal and disclosure controls, and all employees should cooperate with these procedures. Amazon.com in their message to shareholders states that one of the company’s main focuses will be to “make bold investment decisions in light of long-term leadership considerations rather than short term profitability considerations or short term Wall Street reaction.” They have made cash flow a priority over the appearance of their...
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...Ethics and Compliance Chris Ruoss FIN 370 July 15, 2013 Professor Ryder Ethics and Compliance Wal-mart started their business years ago with the same strategic initiative that will address within this paper: providing goods at a lower cost than their competitors. This strategic initiative worked when they began this organization and continues to be successful today. So successful those competitors find it difficult to compete (Wal-mart, 2011). Wal-mart analyzes the market to decide what the company can do to continue to be the low price leader. Beating competitors with aggressive price point is how Wal-mart makes this happen. Wal-mart is relentless in bringing the lowest cost to their customer. No other competitor can provide the cost leadership that Wal-mart has achieved. With this cost leadership, Wal-mart believes that they are making lives better everywhere in the world. By saving their customers money and still showing an amazing profit: Wal-mart is successful in facet of their organization. Wal-mart believes that they are the best positioned retailer to know and provide all their customer’s needs globally. This strategic initiative points to the opportunity Wal-mart Corporation have with the Next Generation Wal-mart and the mission of saving people money so they can live better (Wal-mart, 2010). Wal-mart realizes in the world’s present economic state, offering their customers a way to save money is their best opportunity to remain successful. Affect that providing...
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...Ethics and Compliance Paper of Microsoft Vincent Borja, Bonnie Broughton, Carrie Holland, Bonejean Jordan, Kat Kegley FIN/370 June 17, 2013 Beth Gannouni Introduction – Carrie In this paper Microsoft’s filings for the SEC and their annual reports will be analyzed. It will show the role of ethics and compliance in the financial environment of Microsoft, and describe what procedures Microsoft has in place to ensure that their actions are done with ethical behavior. It will also show what processes Microsoft used to insure they are in compliance with the regulations of the SEC. It also shows an evaluation of Microsoft’s financial performance for the past two years, the trend of each ratio, and what the financial health is for Microsoft. Role of ethics and compliance of Microsoft’s financial environment - Kat Microsoft is an organization that handles issues of technology through the production of computing products, which are useful for many organizations. The financial environment of Microsoft plays an enormous role in determining and analyzing the future status of the company. In this case, compliance committee within the organization helps in meeting set rules and objectives set by the company. Ever since the formation of Microsoft by Bill Gates, financial environment has been sustainable (Biegelman & Biegelman, 2010). This means that all people who work within the organization work hard to ensure that goals are achieved rather than working in order to be paid...
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...Ethics and Compliance Paper FIN/370 July 14, 2011 Ethics and Compliance Paper Introduction Starbucks boasts that they serve the best coffee possible to meet their mission to inspire and nurture the human spirit, one person, one cup, and one neighborhood at a time. Starbucks has grown from one store in Seattle founded by two teachers and a writer in 1971 to more than 17,000 stores throughout the United States and overseas companies. Of these, 53% are directly owned by Starbucks and the rest in franchised contractor leases. This amazing feat brought three people together, each using $1,350, and borrowing $5,000 to make over a billion dollar per year successful business 40 years later. The name Starbucks was their original name in reference to the coffee-loving first mate in Moby Dick, and the design was from the two-tailed siren mermaid. Most recognize the Starbucks brand as a house-hold name and should also know that they are proud and committed to their coffee knowledge, customer service, and product expertise. They call their employees partners and offer Starbucks internal programs such as comprehensive health coverage and equity in the company. Every Starbuck’s employee knows he or she is a visual symbol of the company and needs to work as if each store was hid or her own. Starbucks also adheres to the requirements of the Security Exchange Commission (SEC), which is a publicly traded company known as SBUX. The aim of this paper is to discuss the roles of ethics...
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...Ethics and Compliance Paper FIN/370 June 18, 2012 Introduction Ethics and compliance play an important role in a company’s financial environment. In large corporations, such as Wal-Mart, who employ 2.1 million employees worldwide and 9029 retail units fewer than 60 different banners in 15 different countries is a prime example of how ethics and compliance practices are used effectively (Walmartstores.com) (2011). An assessment of the role ethics and compliance plays in Wal-Mart's financial environment along with procedures Wal-Mart has in place to ensure ethical behavior will be examined and discussed in this paper. Also covered in this paper: An explanation of how financial markets work in the United States and identifying the processes Wal-Mart uses to comply with SEC regulations, and an evaluation of Wal-Mart’s financial performance during the past two years using financial ratios and the trend each ratio tells about the financial health of the company. Assess the role of ethics and compliance in your organization’s financial environment The role of ethics and compliance in Wal-Mart’s financial environment is founded on the three Basic Beliefs set forth by Sam Walton (founder of Wal-Mart). The three Basic Beliefs as stated in Wal-Mart’s ethics statement are: Respect for the individual, Service to our customers and striving for excellence (Wal-Mart, n.d.). The open door communications process is another role of ethics and compliance in Wal-Mart’s financial...
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...Ethics and Compliance Paper-2 Larry Oliver and Charles Barker FIN 370 June 11, 2012 Robert Porter In the business world planning is a key factor to the success of any endeavor. The two key ways to plan is to strategically plan and financial plan. For most companies it is understood that if a plan is not put in place at least 6 months to a year out, then it stands a chance to fail with in the first two to five years. In this paper it will be discussed about the difference between strategic and financial planning, the strategic planning initiative for the organization of Hewlett Packard’s annual report, the initiative affects for H.P.’s financial planning in terms of cost and sales. Lastly, the risks associated with the initiative and the effects they may have. The difference between strategic planning and financial planning Strategic planning is the reason the business runs. Once the business understands its reason, then it can figure out the how, the requirements to get there which includes the placement of the financial resources, human resource needs, and investments. Financial planning is the allocation of all the resources (money, employees and equipment). Over time this is all done to meet the goal set in strategic planning. A strategic planning initiative for Hewlett Packard According to the Hewlett Packard 2011 Annual...
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