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Week 7 discussion

Description

Analyze a selected company, its operations, and its associated industry and evaluate these areas for development of a business plan for growth to increase revenues by 10% over the next five years with ethical financial practices.

Recommend three or more well-defined improvements to corporate governance over the internal controls supported with examples of how the recommendations would impact the company’s financial statements.

  1. The recommendations could be for improvement of sales, justification of opening different markets, or enhancement of current operations.
  2. Recommend two or more improvements in ethical standards from an accounting perspective that are supported with examples of how the recommendations would impact the company’s financial statements.

The recommendations could be for better financial control, reduction in the loss of product, or increase employee collaboration.  

  • Evaluate at least two industry financial best practices to increase financial performance, optimize market position, and maintain ethical practices currently not applied at the selected company to propose a method for the company to integrate the best practices with the least cost possible.  
  1. Recommend at least two industry practices to apply within current operations of the selected company that will increase financial performance, optimize market position, and maintain ethical practices.

Provide at least four reliable, relevant, peer-reviewed references, published within the last five years that support the paperàclaims. 

  • Develop financial strategies for growth for a given company that integrate elements from current industry standards as appropriate to meet the company’s requirements.  
Explanation & Answer:

8 Pages
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