Lets consider the key topics learned in class, including:

• Financial Statements, Cash Flow, and Taxes
• Financial Assets and Inventories
• Global Business and Accounting
• Capital Budgeting and Capital Structure Decisions
• Corporate Governance
• ESG and Triple Bottom Line Accounting

Please select one of the key topics listed, and address the following items:

1. Provide a detailed description of the topic.
2. Provide two examples of how the concept selected is applied.
3. Discuss the challenges faced with the concept selected. As part of this discussion, how will the selected item be implemented in an organization and its significance?
4. Discuss how the selected concept will change 5 years from now. What can the organizational leaders, financial analysts do today to ensure they are prepared for these advancements?