CORPORATE SOCIAL RESPONSIBILITY; ETHICS AND THE FUTURE
Case Assignment
Read Case: TOMS Shoes describes a unique business model combining for-profit and nonprofit philosophies into a corporate social responsibility model.
Naeini, A.; Dutt, A.; Angus, J. et.al. (June 7, 2015). A shoe for a shoe, and a smile. Business Today. Retrieved from https://www.businesstoday.in/magazine/lbs-case-study/toms-shoes-shoes-for-free-cause-marketing-strategy-case-study/story/219444.html
Address the following in a 4-page academic essay that demonstrates your critical-thinking skills. It should be written for an audience of business owners. As an ethics expert working for a national ethics association, you have been asked to address the following:
Research another organization that is also high on corporate social responsibility. Compare and contrast their CSR approach with the CSR approach of TOMS Shoes.
What actions of organizations fall under the umbrella of “corporate social responsibility”? Give three examples of CSR activities beyond what you have learned from TOMS and the organization you discussed in this assignment.
Is it expected that successful organizations also have a CSR component in its values? Discuss by giving two additional employer examples.
This assignment should include third-person voice, in-text citations, and a references list. It should be evident that you followed some of the basics of APA formatting. Write a well-integrated paper with a strong introduction and conclusion, and use a few section headings (e.g., do not simply follow a Q & A format).
Bring in subject matter viewpoints (authors or speakers) to validate and support your writing. Utilize at least 3 sources that are not included as background readings in this course and are new to you. These sources, for example, can be found from searching the Trident Online Library databases (such as Academic Search Complete, Business Source Complete, Skillsoft Books 24×7, and/or ProQuest Central).
Body of Knowledge Emphasis
The criterion in the grading rubric has been developed to measure student success in meeting the ETH501 Case 4 “introduced” expectations related body of knowledge. Assessment of any following body of knowledge skills at the “reinforced” and “emphasized” levels may be included in assignments in other courses that follow.
Please follow all instructions. Please see complete assignment details on attached files
Client Description : The Corner Store Network https://cornerstorenetwork.org.au/ The Corner Store Network is a not for profit organisation working on programs relating to climate change, food security, food waste, nutrition and ethical consumption in Australia and the Asia Pacific. Our consumer facing brand, Stock/Store, is the brand that customers and the public know and primarily the brand that allows us to undertake the work that we do. Background There are three main areas that they consider important features of their business: • Coffee Annually we import 20 tonne of coffee fr om Timor -Leste. We roast and distribute within Australia, whilst paying an above fair -trade price to coffee farmers and providing education and training to improve coffee harvest yields and quality. We also plant 1 tree per kilo of coffee that we roast and offset all carbon emissions. • Tree Planting/reforestation We are returning the forests of Timor -Leste, having planted 140,000 mahogany trees over the past 10 years. This program is internationally certified as a carbon offset program. • Food security/waste and nutrition We are running programs in Australia and Timor -Leste to transform ‘food waste’ into preserved food, made available for vulnerable communities to access and giving primarily women skills in food preservation and knowledge around nutrition. Strengths • We have really strong relationships on the ground in Timor -Leste within the communities in which we work. • Our transparency in what we say we do and what we do. Customers can very easily and transparently see where their money goes a nd what it supports and feel comfortable that we are doing what we say we are doing. Weaknesses • Our size. Given the fact that we are a small team, we are stretched across tasks and stretched with the number of hands to get everything done that is needed o n a day to day basis • The coffee market is ever saturated with lower quality coffee that is being purchased at appallingly low cost to the detriment of coffee farmers worldwide. This is affecting roasters like us trying to do the right thing and making it m ore difficult to cut through in a crowded market
Original and non-plagiarized custom papers. Our writers develop their writing from scratch unless you request them to rewrite, edit or proofread your paper.
Timely Delivery. capitalessaywriting.com believes in beating the deadlines that our customers have imposed because we understand how important it is.
Customer satisfaction. Customer satisfaction. We have an outstanding customer care team that is always ready and willing to listen to you, collect your instructions and make sure that your custom writing needs are satisfied
Privacy and safety. It’s secure to place an order at capitalessaywriting.com We won’t reveal your private information to anyone else.
Writing services provided by experts. Looking for expert essay writers, thesis and dissertation writers, personal statement writers, or writers to provide any other kind of custom writing service?
Enjoy our bonus services. You can make a free inquiry before placing and your order and paying this way, you know just how much you will pay. A verdict was rendered against three parent chaperones. How was the third parent included in the case?
Premium papers. We provide the highest quality papers in the writing industry. Our company only employs specialized professional writers who take pride in satisfying the needs of our huge client base by offering them premium writing services Creditors’ Voluntary Liquidation File (CVL)
Assignment ACC201 Management Accounting Assessment details Weight 25% This is an individual assessment task You are required to complete a research-based assignment Instructions
Search for articles, academic journals, newspaper, magazines, etc.
Write an essay of 1,500 words and cover the following: • Background of Activity Based Costing (meaning, how it is started) • Comparison between traditional costing systems and Activity Based Costing • Impact of Activity Based Costing on company’s profit • How Activity Based Costing impact on managerial decision making • What are the limitations of Activity Based Costing How to present your assignment Length: 1,500 words Structure: use essay structure (i.e. introduction + main body + conclusion + reference list) Formatting: standard 12 point font, 1.5 line spacing, and side margin 2.5 wide. Referencing: all sources (i.e., the work and ideas of others) cited and referenced using APA referencing system. You need to provide both in-text referencing and the reference list Page | 1 out of 4 SUBMISSION INSTRUCTIONS This assignment must be submitted via Turnitin in Moodle. Hard copies will not be accepted or marked You may make TWO submissions via Turnitin to check your work for plagiarism and make adjustments accordingly up until the due date. To avoid plagiarism you must: • keep similarity rate less than 10% • Make enough in-text referencing • Paraphrase original ideas • Provide reference list Late submission 10% penalty will apply for every 24 hours delay in submission Support Academic support: https://moodle.gatewaycollege.edu.au/course/view.php?id=15 Academic Misconduct policy: 4ed4c59bffb3328f26ecf3f10dfcb988.pdf (gatewaycollege.edu.au)
Original and non-plagiarized custom papers. Our writers develop their writing from scratch unless you request them to rewrite, edit or proofread your paper.
Timely Delivery. capitalessaywriting.com believes in beating the deadlines that our customers have imposed because we understand how important it is.
Customer satisfaction. Customer satisfaction. We have an outstanding customer care team that is always ready and willing to listen to you, collect your instructions and make sure that your custom writing needs are satisfied
Privacy and safety. It’s secure to place an order at capitalessaywriting.com We won’t reveal your private information to anyone else.
Writing services provided by experts. Looking for expert essay writers, thesis and dissertation writers, personal statement writers, or writers to provide any other kind of custom writing service?
Enjoy our bonus services. You can make a free inquiry before placing and your order and paying this way, you know just how much you will pay. A verdict was rendered against three parent chaperones. How was the third parent included in the case?
Premium papers. We provide the highest quality papers in the writing industry. Our company only employs specialized professional writers who take pride in satisfying the needs of our huge client base by offering them premium writing services Impact of Activity Based Costing on company’s profit
The Business School Edinburgh Napier UNIVERSITY MKT11108 Principles and Practice of Marketing Dr Mavis Gutu, Dr Alessandro Feri, Prof. Anna Watson Dr Elaine Prof. Christof Backhaus The Business School Edinburgh Napier UNIVERSITY Welcome: Principles and Practice of Marketing Dr Mavis Gutu (Module Leader) M.Gutu@napier.ac.uk Dr Alessandro Feri A.Feri@napier.ac.uk Prof. Anna Watson A.Watson@napier.ac.uk Dr Elaine Thomson Prof. Christof Backhus Module Guide available on Moodle The Business School Edinburgh Napier What will you learn? UNIVERSITY Aim: To enable you to develop awareness, knowledge and understanding of fundamental marketing theory and practice. — LO1 Identify, understand and critique the role and function of marketing within both “for-profit” and “not-for-profit” organisations — L02 Comprehensively and critically examine key marketing concepts, models, and processes. — LO3 Analyse internal and external marketing problems, using the cognitive skills of critical thinking and synthesis, within macro- and – micro organisational environments — LO4 Evaluate and apply relevant and appropriate marketing theory and analytical and conceptual frameworks to different marketing contexts — LO5 Generate and select alternative solutions to identified marketing problems using effective problem solving and decision making skills The Business School Edinburgh Napier Theory and Practice UNIVERSITY ¦ This module will critically analyse the overall principles of marketing management and help you learn how to apply this theory in practice. ¦ This module is about thinking about marketing in its entirety, rather than an examination of one or other of its different components. What will the lectures cover? ¦ Environment, segmentation, positioning ¦ Objective setting and strategy ¦ The creation of value (brands, pricing, communications, services, experiences) ¦ Sustainability ¦ Evaluating success: Resources, implementation, measurement and control The Business School Edinburgh Napier UNIVERSITY Lecture schedule Tri Week Marketing Concept and Planning Lecturer Week 1 Induction Week (no classes) Week 2 Module and Assessment Information – Introduction to Marketing Mavis Week 3 The Marketing Environment Mavis Week 4 Strategy and Planning Alessandro Week 5 Products and Brands Alessandro Week 6 Marketing Communications (on-line and off-line) Alessandro Week 7 Services Marketing: Relationships and Experiences Anna Week 8 Distribution Channels and Pricing Strategies Anna Week 9 Dimensions of Sustainability Anna Week 10 Defining and Measuring Marketing Performance Anna Week 11 Revision and Assessment Formative Feedback Mavis Week 12 Easter break Week 13 Easter break Week 14 Assessment Submission (online) – Wednesday 21st April by 12 noon The Business School Edinburgh Napier UNIVERSITY The Assessment • A 3,000 word (max) single-authored report (worth 100%). Assessments that exceed the 3,000 word limit will be capped at P1. The brief: Acting as a Marketing Consultant: Launch a product or service of your choice onto the UK market in 2020/21 or 2021/22 and sustain it for 12 months. You could also select a company from the list below and launch a new product or service: • Aramark, Boeing, Caterpillar, DuPont, Emirates, General Electric, ICICI Bank, L’Oreal, Nairn’s Oatcakes Ltd, PayPal, Reliance Industries Ltd, Tyson Foods, Tata Consultancy Services, United Health Group; Verizon Communications, Walt Disney, Waste Management Inc. You must not choose a product or service that is already on the market, UNLESS you are planning a substantial repositioning and rebranding of that product or service. Consider one of the following: – a particular product or service – a product or service range – an event – another aspect which requires communication to a user / customer Students are expected to discuss all elements of the marketing or services mix. In business it is important to be concise, and relevant. The word count of this report will help you develop these skills. The assessment should be submitted via Turnitin in week 14 (Wed 21st April, 12 noon). The Business School Edinburgh Napier UNIVERSITY The Assessment ¦ /“The report should have three (3) parts. Part 1: Analysis of the Market & Objectives Analyse the current market (competitors, environment – internal/micro, external / macro) ¦ Identify objectives (corporate and marketing) / key performance indicators / P Part 2: Strategy, Target and Tactics/Actions /l_ ¦ Set a strategy Define target market Identify tactics (marketing mix) ¦ ¦ Identify tactics (marketing mix) /I !_¦ Address sustainability issues /I 1/ l_Part 3: Measurement and control What resources are required? How will strategy be implemented? How will success be measured? ¦ ¦ ¦ The Business School Edinburgh Napier UNIVERSITY The Assessment ¦ Be detailed and specific. ¦ Apply theory ¦ Explain and justify your choices ¦ Include the following: ¦ An analysis of the internal and external environment ¦ Your targeting strategy ¦ SMART objectives ¦ A discussion of the relevant aspects of the marketing/services mix ¦ Definition of relevant and justified controls and measurements (Key Performance Indications and Critical Success Factors). ¦ Analysis of issues of sustainability and how these might be addressed ¦ A timeline for the campaign period and budget breakdown of expenditure. The Business School Edinburgh Napier The Assessment UNIVERSITY ///I Marking criteria: ¦ Situation Analysis and Objectives (30%) (Internal and external marketing environment, Objective setting ) ¦ Strategy, Target, Tactics/actions (50%) (Proposal and justification ofrarget market, strategic planning, tactical implementation (marketing /services mix)) ¦ Measurement and Controls (10%) (Proposals for project management and measurement of campaign) ¦ Referencing and Presentation of Report (10%) (Sourcing and using appropriate material. Using appropriate referencing and . ( ( 1J I I I ( I I I citation conventions.) ¦ Theory should be applied throughout. ¦ Issues of sustainability should be addressed where necessary The Business School Edinburgh Napier UNIVERSITY Books? PRINCIPLES AND PRACTICE OF MARKETING David Jobber and Fiona Ellis-Chadwick The Business School Edinburgh Napier UNIVERSITY Purchase your core textbook with a 20% discount and free delivery • Your core text is Principles & Practice of Marketing by Jobber 9e and is available in print or e book • To purchase your own copy with 20% discount, please click on the following link ¦ https://www.mheducation.co.uk/principles-and-practice-of-marketing-9e-9781526847232-emea-group • Add the PRINT OR E BOOK TO THE CART • Insert the Promo code MGH20UK6 where it states APPLY DISCOUNT CODE for the 20% discount to make the final cost £43.99 FOR PRINT & £31.33 FOR E BOOK I l/l 1—1/1 /~ Edinburgh Napier UNIVERSITY The Business School The Business School Edinburgh Napier UNIVERSITY Quick quiz: l.How long is your assessment for Principles and Practices of Marketing? a. 2,500 b. 3,000 c. 4,000 d. 2,500 +/-10% 2.When and where do you submit your assessment? a. Wednesday 21st April 2021 via Turnitin on Moodle b. Friday 16th April via Panopto c. Thursday 22nd April. Take it to the I-point d. Monday 26th April. Leave it on the bedroom floor and hope someone finds it. More quiz a VW2 b a c a d WTF a The Business School RE1/DE1 QVC4 d. Kim Kardashian Edinburgh Napier UNIVERSITY 4. Who said: “creativity is intelligence having fun | a. Steve Jobs b. Hedy Lamarr C/c. Albert Einstein UlBrJLc JH 3.If you need an extension, which form should you look for on My Napier? a The Business School Edinburgh Napier More quiz UNIVERSITY 5.The first Instagram photo featured what animal? a. 2004 b. 2005 c. 2006 d. 2007 a. A dog b. A parrot c. A cat d. A shark 6.In what year was the first tweet Final quiz 7. How many of these social influencers can you name? ¦¦ The Business School Contemporary opinion: Lou Stoppard, ‘Influencers lose their gloss,’ Financial Times May 28th 2020 Edinburgh Napier UNIVERSITY The Business School Edinburgh Napier^^ UNIVERSITY Interesting on-line industry publications ¦ https://www.thedrum.com/ ¦ https://www.marketingweek.com/ ¦ https://www.ama.org/ ¦ https://www.socialmarketinggateway.co.uk/ ¦ https://www.thedrum.com/topics/award-winning-case-studies The Business School Edinburgh Napier UNIVERSITY __What is marketing? It is about creating value that meets customers expectations in order to retain them. -/• 4P’s: product, price, place, promotion (people, physical evidence, processes) Relationships, value creation, co-creation. It is at the heart of all successful businesses The most dynamic of all business functions Aims at creating value Long term satisfaction means loyal customers Marketing can be described as the study and management of exchange relations /| • “The aim of marketing is … to attract and retain customers at a profit.” (Drucker, 1999) The Business School Edinburgh Napier UNIVERSITY I l/L Success? • Commercial – profit • Not-for-profit – behaviour change (social marketing) • Charities – donations, volunteers What you learn on this module should be applicable to business and not-for-profit / charitable organisations. The Business School Cabrita, M. D., & Cabrita, M. (2014). Applying Social Marketing to Healthcare: Challenges and Opportunities. In Kapoor, A., & Kulshrestha, C. (Ed.), Dynamics of Competitive Advantage and Consumer Perception in Social Marketing (pp. 78-97). The Business School Edinburgh Napier UNIVERSITY Customers / competition • Existing customers vs new customers • 6 x cheaper to retain existing customers than to find and retain new ones • Relationship building is essential, and is more important than transaction-based exchanges (Seth and Parvartiyar, 1995) • Almost all markets, whether for consumer products, B2B or not-for-profit and subject to competition — What do your customers want? — What do your competitors provide? I l/L The Business School Edinburgh Napier UNIVERSITY Dynamic marketing Digital marketing has transformed the marketplace • Market research • Marketing communications • Distribution Marketing as an exchange • The key to understanding marketing is the focus on the customer, and on the competition. • “the marketing concept can be expressed as the achievement of corporate goals through meeting and exceeding customer needs and expectations better than the competition.”(Jobber and Ellis-Chadwick, 2020: 6) The Business School Edinburgh Napier UNIVERSITY Value, satisfaction, loyalty Customer value • Customer value = perceived benefits – perceived sacrifice / risk Customer Satisfaction • Meet and exceed customer expectations better then the competition • Satisfaction depends on perceived performance vs buyer expectations • Exceeded expectations, delight by over-delivering Customer loyalty • Convenience, quality of service / product, social interaction, price. Long term customer relationships • Social media to understand and engage customer. The Business School Edinburgh Napier UNIVERSITY TASK Everyday marketing: social media and loyalty creation Take a look at your social media profile. How many social media platforms do you use? Do you follow any brands / organisations? Pick a brand / organisation that you follow. Take five minutes to consider how they use social media to encourage your loyalty. • Describe what they do (give examples) • Explain how what they do encourages loyalty. I l/l The Business School Edinburgh Napier UNIVERSITY TASK Managing complaints at the Glenbogle Hotel You are the marketing intern for the Glenbogle Hotel. On the hotel’s Twitter account, @happytourist (who has over 15k followers) has written the following: Terrible short break at @GlenbogleHotel this weekend. Cold room, cold food. Waited forty minutes to be served at the bar. Staff walked straight past me! Highland hospitality? I dont think so! • Tweet your response to @HappyTourist Edinburgh Napier UNIVERSITY TASK The Business School Communicating with your customers on social media Exclusive Edinburgh fish restaurant ‘Skippers’ need to tell customers that they have a new menu using Scottish produce and are open for business, with COVID19 social distancing measures in place. How would you use Twitter, Instagram and Facebook to encourage people to come to Skippers? • Write out a tweet / FB post for Skippers. OR On-line skateboard shop ‘Sharksk8’ have struggled during the COVID19 lockdown. They have ordered in a load of new gear and hope to take advantage of the easing of restrictions to make some money. • Write a tweet / FB / Insta post aimed to help Sharksk8 shift their stock. The Business School Edinburgh Napier UNIVERSITY TASK Thinking about marketing: reflecting on your own experiences • Identify TWO examples of organisations that you consider provide customer value, and describe how they do it. I l/L The Business School Edinburgh Napier UNIVERSITY TASK Thinking about both sides of the argument. Marketing assists in the creation of value, but is it also responsible for many of society’s current problems? • Set out three arguments celebrating the role of marketing (the good things) • . . . and three arguments questioning marketing’s role in society (the bad things). Rather than speaking in abstract terms, illustrate your answers with examples. The Business School Edinburgh Napier UNIVERSITY Coming next… Environment: the big picture • Marketing audit: PESTEL, Competitors, SWOT Strategy: where are we going, why, and how fast? • Objective setting Tactics • Product / service mix • Communications, distribution, pricing. Ethical considerations • Sustainability? Implementation • Evaluation • Measurement The Business School Edinburgh Napier UNIVERSITY References • John Fahy and David Jobber (2019), Foundations of Marketing, 6th Edition (London, McGraw-Hill) • David Jobber and Fiona Elis-Chadwick (2020), Principles and Practices of Marketing, 9th Edition (London’ McGraw-Hill) • Peter Drucker, The Practice of Management (1999), (London, Heineman) • J.N.Sheth and A. Parvatiyar (1995), ‘The evolution of relationship, International Business Review, 4(4), 397-418 • L. Quinn, et al (2016), ‘Troubled waters: the transformation of marketing in a digital world,’ European Journal of Marketing, 50(12): 2103-2133
Timely Delivery– primewritersbay.com believes in beating the deadlines that our customers have imposed because we understand how important it is.
Customer satisfaction- Customer satisfaction. We have an outstanding customer care team that is always ready and willing to listen to you, collect your instructions and make sure that your custom writing needs are satisfied
Writing services provided by experts- Looking for expert essay writers, thesis and dissertation writers, personal statement writers, or writers to provide any other kind of custom writing service?
Enjoy Please Note-You have come to the most reliable academic writing site that will sort all assignments that that you could be having. We write essays, research papers, term papers, research proposals. LO1 Identify, understand and critique the role and function of marketing within both “for-profit” and “not-for-profit” organisations
The assignment is about Cost volume profit analysis and Capital bugeting.
Instructions:
With the opening of UCW’s new downtown Vancouver House, you are to provide an investment recommendation on a 2,000 square foot open space on the retail floor of the campus. The use of space will be at your discretion and is to be written for the Board of Directors of UCW. You may, for example, determine that the best use of space is a café, tutoring classes, or cross-fit franchise, among others. You are to put together a limited business case, and assemble figures (ie., revenues, costs, # of customers, etc) based on your market assessment. You may use the assignments completed in this course as a guide, and bring concepts from your other courses and work experiences into the analysis (eg., SWOT analysis). Particular emphasis on the business case should be on cost-volume-profit analysis and as assessment of the various capital budgeting techniques introduced in this course. Marks will be allocated for originality, depth of analysis and formatting/ presentation of your work. The course rubric will also be a guide for grading. Please include an executive summary, calculations of your work, assumptions made, sources for your estimates (if any), relevant pro-forma income statements and cashflows, and conclusion
Original and non-plagiarized custom papers. Our writers develop their writing from scratch unless you request them to rewrite, edit or proofread your paper.
Timely Delivery. capitalessaywriting.com believes in beating the deadlines that our customers have imposed because we understand how important it is.
Customer satisfaction. Customer satisfaction. We have an outstanding customer care team that is always ready and willing to listen to you, collect your instructions and make sure that your custom writing needs are satisfied
Privacy and safety. It’s secure to place an order at capitalessaywriting.com We won’t reveal your private information to anyone else.
Writing services provided by experts. Looking for expert essay writers, thesis and dissertation writers, personal statement writers, or writers to provide any other kind of custom writing service?
Enjoy our bonus services. You can make a free inquiry before placing and your order and paying this way, you know just how much you will pay. Cost volume profit analysis and Capital bugeting
Premium papers. We provide the highest quality papers in the writing industry. Our company only employs specialized professional writers who take pride in satisfying the needs of our huge client base by offering them premium writing services.
Complete 3 pages APA formatted article: Business Law.
Jake Johnson’s Company has been seen to have a profit of 200% in a period of only two years. This information has been doctored and therefore the financial statement of the media company should be suspended or be prevented from use. The plan by Johnny Jones to start a new Ethanol manufacturing plant is not a plan that has been included in the company’s registration statement and therefore such a plan should be prevented and suspended. Section 11 of the Securities Exchange act states that it will be deemed unlawful for any person who is a member of any securities exchange to make a transaction on such an exchange for his own account, that of an associated person, or exercises investment discretion.
In this case, Joan is acting in the capacity of a market maker in that she is a stockbroker and therefore such a transaction can be seen been unlawful. Johnny also does not have any authorization to conduct such transactions in ethanol neither does he comply with the rules of the commission. A registration that is made under the exchange act entitles one to make periodic and current reports regarding the company. This is the duty to disclose which is made public for a market evaluation of the specific company together with the way the company conducts the pricing of its securities (Smith, Washburne, & Pham).
Johnny Jones does not disclose periodic and current reports for the company that has expanded instead he is seen to enrich their stock portfolio which is taken as an unlawful activity. The Securities Act provides a penalty of not more than $10,000 upon conviction while the security exchange act provides that any person or anyone who becomes associated with someone who violates the requirements of the act or makes a false and misleading statement with regard to the act will be liable to a fine of $ 5,000,000 or imprisonment that does not exceed 20 years.
In this case, Jonny Jones, Joan, and Jake will be liable to such fines and even imprisonment for the violation of the Securities Act and the Securities Exchange Act. They do not have reports for their Ethanol manufacturing thus, they contravened the duty to disclose. Johnny also made a misleading statement to his secretary. Class action suits occur whereby so many plaintiffs sue the same defendant over the same subject matter. In this case, a class action suit is likely to arise because the defendants violated so the provisions of the Security Exchange Act, the current company, and the investor who doctored his company documents.
He is responsible for giving the wrong amount of profit by over 100% and he, therefore, participated in triple profit disgorgement. Joan is likely to be held liable for insider trading as all the components of the fraudulent activity were taking place when she was still a stockbroker and she could have disclosed such information relating to securities to others. It is unethical for an investor to participate in profit disgorgement just as it is for a stoke broker to involve herself in insider trading.
More so, a certified public accountant should not alter any documents or statements of account or issue any misleading documents. Johnny, Joan, and Jake had a fiduciary role to play in the committal of acts that are deemed to be in violation of the Security Exchange Act together with the Security Act as they were all participating as beneficiaries in the commission of the said fraudulent acts. If there were any one of them who did not benefit then they would be excluded as a fiduciary participant.
Under the Sarbanes-Oxley Act, a person who is found to have violated the provisions of this act shall be fined or imprisoned for a period of not more than 25years.In this regard, suitable sentencing would be under the Securities Exchange Act whereby the fine and the imprisonment fit the violations that Johnny, Jake, and Joan engaged in
Original and non-plagiarized custom papers. Our writers develop their writing from scratch unless you request them to rewrite, edit or proofread your paper.
Timely Delivery. capitalessaywriting.com believes in beating the deadlines that our customers have imposed because we understand how important it is.
Customer satisfaction. Customer satisfaction. We have an outstanding customer care team that is always ready and willing to listen to you, collect your instructions and make sure that your custom writing needs are satisfied
Privacy and safety. It’s secure to place an order at capitalessaywriting.com We won’t reveal your private information to anyone else.
Writing services provided by experts. Looking for expert essay writers, thesis and dissertation writers, personal statement writers, or writers to provide any other kind of custom writing service?
Enjoy our bonus services. You can make a free inquiry before placing and your order and paying this way, you know just how much you will pay. Jake Johnson’s Company has been seen to have a profit of 200% in a period of only two years.
Premium papers. We provide the highest quality papers in the writing industry. Our company only employs specialized professional writers who take pride in satisfying the needs of our huge client base by offering them premium writing services.
Select one (1) not-for-profit organization in an area of interest to you and review the financial statements and audit report for the organization. The financial statements and audit report of the not-for-profit organization should be readily and publically available on an active Website.
Write a three page paper in which you:
Analyze the selected not-for-profit’s financial statements to determine if the statements conform to Financial Accounting Standards Board (FASB) guidance in Statement No. 117, Financial Statements of Not-for-Profit Organizations (FASB ASC 958-205-45). Explain the selected organization’s use of the three (3) fund categories. Recommend at least two (2) areas of potential interest to the stakeholder concerning the status of revenue and expenses. Analyze the organization’s statement of cash flows. Explain the format that the organization utilizes, including any unique areas of emphasis that differ from-GAAP accounting format. Compare the organization’s reporting of pledges and contributions to its reporting of exchange transactions. Discuss the funds that are utilized. Assess the fiscal condition of the selected organization utilizing and interpreting financial indicators, using financial ratios that are widely accepted as being indicative of fiscal health. This assessment should also be expanded to include fund-raising analysis, program review, contributions, and grant analysis and revenue analysis. Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. 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 cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are:
Assess the accounting and financial reporting requirements for not-for-profit organizations. Use technology and information resources to research issues in government and not-for-profit accounting. Write clearly and concisely about government and not-for-profit accounting using proper writing mechanics.
Financial Statements and Audit Report for World Vision Canada (WVC)
The Government Accounting Standards Board (GASB) provides a set of guidelines that govern the accounting and financial reporting among the governmental entities and for-profit organizations. However, the not-for-profit and non-governmental bodies must adopt the Financial Accounting Standards Board (FASB) guidelines in making their annual financial statements and reports. According to (Becker & Terrano, 2008) statement number 117 in FASB demands the not-for-profit organization to have a statement of their financial position, statement of activities and statement of cash flows, in their financial statements.
A scrutiny of the 2016 financial statements of World Vision Canada reveals that the organization released financial statements in conformity with the FASB guidelines (Charity Intelligence, 2017). The WVC audited statements outlines the financial position, statement of revenue and expenditures, statement of cash flows and the statement of net changes in revenues. The organization also shows conformity with the FASB in its classification of assets, gains and losses, expenses and revenues. This classification as indicated in the financial statements was done based on the existence, absence and the use of restrictions imposed by donors as outlined in the FASB provisions. In regards to the status of revenue and expenses, the not-for-profit organizations stakeholders are interested in areas such as programs undertaken……………………………………………………………………………………………………………………………………………………………………………………………………CLICK HERE TO ORDER THIS PAPER………………………NO PLAGIARISMGet 100% Original papers from the writing experts
Analyze the selected not-for-profit’s financial statements to determine if the statements conform to Financial Accounting Standards Board (FASB) guidance in Statement No. 117, Financial Statements of Not-for-Profit Organizations (FASB ASC 958-205-45). Explain the selected organization’s use of the three (3) fund categories. Recommend at least two (2) areas of potential interest to the stakeholder concerning the status of revenue and expenses. Analyze the organization’s statement of cash flows. Explain the format that the organization utilizes, including any unique areas of emphasis that differ from-GAAP accounting format. Compare the organization’s reporting of pledges and contributions to its reporting of exchange transactions. Discuss the funds that are utilized. Assess the fiscal condition of the selected organization utilizing and interpreting financial indicators, using financial ratios that are widely accepted as being indicative of fiscal health. This assessment should also be expanded to include fund-raising analysis, program review, contributions, and grant analysis and revenue analysis. Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. 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 cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are:
Assess the accounting and financial reporting requirements for not-for-profit organizations. Use technology and information resources to research issues in government and not-for-profit accounting. Write clearly and concisely about government and not-for-profit accounting using proper writing mechanics.
Financial Statements and Audit Report for World Vision Canada (WVC), Year Ended Sept. 2016
Analysis of Financial Statement to Determine Conformity to FASB Guidance
The accounting and the financial reporting for the governmental and not-for-profit firms are governed by the Government Accounting Standards Board (GASB). In contrast, the accounting and financial reporting for the no-governmental and not-for-profit organizations are governed under the Financial Accounting Standards Board (FASB). The FASB guidance in statement number 117 requires that the not-for-profit organization financial statements must have a statement of their financial position, statement of activities and statement of cash flows (Becker and Terrano, 2008). The financial statements of World Vision Canada follow the FASB guidelines. An analysis of the audited financial report for the year 2016 reveals statement of financial position, statement of revenue and expenditures, statement of cash flows and the statement of net changes in revenues (Charity Intelligence, 2017). The conformity of the WVC financial statements to the FASB can also be seen in the company’s classification and its use of net assets, revenues, expenses, gains and losses. The classification in the organization financial statements was
Identify a nonprofit health care organization and a for-profit health care organization of your choosing. Answer the following: Summarize the types of services provided, clientele served, and provider groups involved. Compare and contrast the strengths and weaknesses of each organization from patient, provider, administrator, and third-party payer perspectives. Provide at least 2 suggestions for each organization to minimize the identified weaknesses. Summarize which organization you would rather be part of, using rationale
Health Care: Research Paper
(Course Instructor)
(University Affiliation)
(Student’s Name)
Comparisons between Nonprofit and For-Profit Health Care Organizations
There are three types of health care organizations in the United States health care system; the nonprofit, for-profit and government health care organizations (Horwitz, 2005). All these types of health care organizations contribute to the quality of health care and have varying services, clientele and specializations. The paper will focus on the comparison between nonprofit and for-profit health care organizations in US, while drawing considerations on the strengths and weaknesses of each organization in the third-payer, patient and administrator perspectives.
The Methodist Hospital – A For-Profit Hospital
The Methodist hospital is a for-profit hospital that is based in San Antonio (U.S News, 2016). The hospital offers a number of health care services, which include specialties in family medicine, hepatology, cardiovascular services, congenital heart surgery, advanced heart failure and heart transplant, adult blood and marrow stem cell transplant, cardiac electrophysiology, inpatient psychiatry, kidney and liver transplant, pediatrics, cancer, urology, primary care and outpatient cardiology, among other services. Chattered in 1955 and opened in 1963, the hospital has into a world-renown health care facility owing to its quality health care services. The hospital has expanded with San Antonio’s, Texas, being the largest and most preferred provider among its hospitals. The hospital serves the nearby population and people from around the US and world. The hospital’s experienced health care professionals include highly trained nurses and physicians…………………………………………….…………………………………………………………………………………………………………………………………………………………………………………………………………………………….
Strategic Planning for Not-for-Profit and Public Health Organizations
The success of any organization is hugely dependent on its strategic planning process and the ability to link the strategic plan with the organization mission and vision statement. However, the development of the organization strategic plan differs depending on the purpose of the organization the organization exists to serve (Bryson, 2015). Since, the organizations can be categorized broadly into for-profit and not-for-profit, the needs and capacity assessments differs greatly between the two sets of organizations. Although both strive to attain financial stability, the motive of the for-profit organization is to make profits, while the not-for-profits is to fill the gaps in service within the community.
When carrying out strategic planning in not-for-profit and in public health organizations, there is often the need to carry out capacity/needs assessment in lieu of other strategic analyses such as SPACE analysis. The programs that are delivered by the public health and not-for-profit organizations are determined by the needs of the community and the capacity of the organizations to deliver on such needs (Duncan, Swayne, & Ginter, 2013). Although some programs such as disease control are mandated by the legislations, there is an assumption that such legislations are because of important needs and are supported by non-discretionary funding (Ugboro, Obeng, & Spann, 2010). The needs of the community are functions of the requirements of the community, (which include disease, environmental and sanitation), the community……………………………………………………
