Question
The company for this assignment is Starbucks Your mission is to develop a comprehensive report to your CEO based on the topics covered in the
The company for this assignment is Starbucks
Your mission is to develop a comprehensive report to your CEO based on the topics covered in the course. Your task is to analyze the company in this context and provide recommendations.You decide how each topic should be addressed, and include research to make/support your strategy/policy recommendations. Your report should include an assessment of your company's corporate governance "readiness" and provide suitable recommendations to ensure compliance with the Sarbanes-Oxley Act of 2002 and new regulations published by the regulatory bodies.
In the spirit of aForensic Financial Analysis,You should conduct an analysis of the firm's financial statements and policies as a risk management exercise for the benefit of the company CEO.Look for any "bodies" buried in the statements and associated notes, as well as the types of information disclosed to the public (e.g., pro forma earnings).Your goal here is to identify any areas where the firm is vulnerable to SEC action (fraud or otherwise) and report these to the CEO as a preemptive risk mitigation action.The required textFinancial Shenanigansshould be used as a reference to guide your approach in this area. I recognize this is a difficult task, given the short exposure to forensics financial analysis and the restricted information available to you. Do the best job you can.
For your Corporate Governance Assessment,you shouldassess the integrity and rigor of the firm's corporate governance structure (Board, Audit Committee, stock options policies, pension fund policy, etc.) to identify any weaknesses you can find and provide recommendations to strengthen governance policy. The corporate governance readings and recommended text,Building Public Trust: The Future of Corporate Reportingprovide a good framework for your analysis and research. I recognize this is a tall order, given the complexity of the task and your limited access to relevant information.
Your report should be 6 double-spaced pages, not including attachments.
Here are additional topics you may discuss in the CFO Report: 1. The changing role of the CFO 2. Leveraging ERP Investment in Support of Finance 3. Risk and Cost of Capital in a Strategic Context 4. Streamlining the Financial Supply Chain 5. Reshaping 6. Moving to Managed Services and Outsourcing 7. Operating Leverage 8. Strategic Valuation 9. Connecting Strategy with Operations and Strategic Enterprise Management 10. Converting Data into Action 11. Performance Metrics 12. Working Capital Management 13. Real Options Valuation 14. Intellectual Capital 15. Managing Intangibles: the CFO's role 16. Strategic Planning and Control 17. The CFO Portal 18. Forensic Financial/Accounting Analysis 19. Earnings Management: Shenanigans or Simply Good Management? 20. Mergers and Acquisitions 21. Sarbanes-Oxley 22. Ethics and Corporate IntegrityStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started