Got a tricky question? Receive an answer from students like you! Try us!

Assignment 3: Capstone Project - Research Paper Example

Only on StudentShare
Author : alexandrea34

Summary

Financial Analysis of Durango Manufacturing Name Institution Financial Analysis of Durango Manufacturing Company Introduction There is little doubt in the value of enterprise-wide supply management practices among supply chain professionals in large, complex companies (Csaszar, 2012)…

Extract of sample
Assignment 3: Capstone Project

This analysis employs Durango manufacturing company's organizational situation to access the form and nature of financial management and the impact of the principles of stakeholder management, alongside aligning the organizational structure to achieve the right efficiency for the generation of high revenues. Case Study Durango Manufacturing Company is a firm that deals in manufacturing of a variety of products and the supply of industrial products . The firm deals in aircraft manufacturing, apparel manufacturing, automotive manufacturing, chemical and allied products, glass manufacturing, home and garden supplies, industrial importers and exporters, paper and pulp, railroad manufacturing, and other forms of manufacturing. The organization has in the past received Best Business Bureau (BBA) accreditation , which recognized their relentless commitment to make strenuous efforts of satisfying consumer complaints. The award considers the period of time the business has been in operation, the amount of information available concerning the business, and most importantly, there should be no consumer complaint filed with the Better Business Bureau (Csaszar, 2012). Durango manufacturing company’s Chief Executive Officer (CEO) does not have sufficient expertise in financial management and creating value for the firm’s various stakeholder groups. ...
Download paper

Related Essays

Capstone Research Project
The rise and fall of organizations is dependent on the business practices adopted by them in a particular business environment. It is often assumed that the prime responsibility of any organization is to promote fair and honest business practices along with being transparent and honest to stakeholders in the short as well as in the long run. In terms of effective business practices, it is judicious to follow the prescribed financial standards and parameters of the recognized bodies. The Financial Accounting Standards Board designs Generally Accepted Accounting Principles for public and private…
10 pages (2510 words)
Research Assignment
In this scenario the priority for both of the boards were to converging IFRS and US GAAP. According to the Norwalk Agreement (September, 2002) in association with the regional bodies the IASB and the FASB started to work together for removing the differences of the accounting standards. The objectives of the project are to updating the existing concepts like setting up the standards, improve consistency and achieve completeness which would reflect the business practice changes, changes in market over the year. The boards are conducting the project in 8 phases, among these the phase A of the…
5 pages (1255 words)
Capstone Research Project
The foremost factor that has to be understood before representing the misstatement as a fraud is the ‘nature of misstatement’. Nature represents as to whether the misstatement has been made intentionally or unintentionally. According to the specifications within SAS No. 82, fraud is an action that is conducted intentionally and as a result of which ‘material misstatements’ occur within a firm’s financial statements (American Institute of CPAs, 2011). There are several indicators of fraud that have been represented within the SAS No. 82. These are also considered as factors of risk,…
Capstone Research Project (5)
GAAP rule works in connection with SEC rules for public companies. GAAP rule emphasizes on covering financial statements presented in balance sheet for at least three years. GAAP need to work closely with SEC regulations in order to measure performance of companies. In accordance to GAAP guideline interim periods must be viewed as essential part of financial year. This guideline helps accountants to allocate cost elements for different financial period. GAAP also focuses on examining unscrupulous transactions in order to identify financial frauds. Although GAAP rules differ on the basis of…
Assignment 3: Tax Credits
Tax credits are neutral and enable the Congress in making certain that specific taxpayers get tax credit as concerns marginal tax rates (Cordes, Ebel, & Gravelle, 2005). This purpose is still relevant for today’s taxpayer because the economy of the country has continued to deteriorate over the years. As such, individual and businesses still need protection from harsh economic times. Fairness of Tax Credits and Their Impacts on Taxpayers According to (Murphy & Higgins, 2011), tax credits provide incentives to taxpayers hence motivating them to actively engage in certain economic activities.…
8 pages (2008 words)
Module 3 Case Assignment
al Production Cost 3,100,000 Total Production Units 50,000 Production Cost Per Unit 62 Performance for the 2nd Quarter As far as the improvements are considered for the 2nd quarter, the assessment for Mr. Rosen is not under right direction. The information that they had provided, gives the same amount of net income under both approaches. Sales are same for both these approaches. However, the costing side is affected by these two approaches such that the costs are broken up on different methods under the two approaches.
3 pages (753 words)
Capstone Research Project
The company was exercising a share based compensation plan for its top executives comprising of stock options. These were also not reflected in the financial statements. The company is planning to enter into partnership for which it requires presenting financial report to IFRS. Negative impact of the fraudulent activity on the company followed by recommendations to CFO The inventory write downs are often associated with various negative impacts on the organization. It negatively impacts the operating performance of the organizations. It has been seen that the extreme sales growth in companies…
11 pages (2761 words)