Organization successful

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write a research paper on an organization of his or her choice (5-7 pages minimum). The organizational analysis will utilize a minimum of five external, peer-reviewed academic sources and contain the following sections:

· What is the organization and how would you describe it?

· Who are the leaders of the organization?

· Is the organization successful?

· How do you determine whether an organization is ethical or not?

· Based on your assessment and research, is the organization ethical?

· What would you change about the organization to make it better, without sacrificing ethical standards?

 

Sample Solution

Organization successful

Walmart, in full Walmart, Inc., formerly Wal-Mart Stores, Inc., American operator of discount stores that was one of the world`s biggest retailers and among the world`s largest corporations. Company headquarters are in Bentonville, Arkansas. Walmart is huge, and so is its Executive leadership team. With almost as many leaders as there are stores, Walmart clearly believe there is quality in quantity. Carl Douglas McMillon is the president and chief executive officer of Walmart Inc. he sits on the retailer`s board of directors. Over the past twenty years, Walmart has become the world`s largest and arguably most powerful retailer with the highest sales per square foot, inventory turnover, and operating profit of any discount retailer.

  • Consolidating every aspect of a business’s dealings into one set of statements, financial reports allow the world to analyze and interpret every aspect of a company’s dealings. These statements include the income statement, the balance sheet, and the statement of cash flows.The income statement summarizes the totals of revenues and expenses, calculating net gain or loss for a period. The balance sheet shows the current calculated or estimated values of a company’s assets, liabilities, and owners’ equity. This statement does not summarize a period like the income statement but rather provides a snapshot of a company’s current financial position. The statement of cash flows contains all sources and uses of a firm’s cash supply during a period and explains liquidity of a business.

    Using values from these statements, a reader can calculate certain financial ratios that help compare and contrast companies. The ability to correctly create and interpret these statements is vital for an accounting professional because succeeding in the industry requires communication through these means. This vocabulary may take years of education and/or training to perfect, as there are many small nuances in financial statement terminology. Failure to comprehend the common acronyms found in these statements can significantly hinder one’s ability to make sense of the financial statements and confidently assess a company’s future potential. These include, but are not limited to:

  • Dr (debit) – a numerical entry to the left side of the balance sheet
  • Cr (credit) – a numerical entry to the right side of the balance sheet
  • ROI (return on investment) – measures the amount of return on an investment relative to the investment’s cost
  • PV (present value) – the current worth of a future sum of money or cash flows given a specified rate of returnProfessional Discourse Communities within the Accounting IndustryThere are many discourse communities that members of the accounting industry belong to, but the most significant one for public accountants is the American Institute of Certified Public Accountants (AICPA), which represents the CPA profession nationally. The organization educates its members in the form of daily columns and newsletters. In addition, it develops and grades the CPA Exam and enforces compliance with the profession’s ethical standards (AICPA, n.d.). The AICPA provides guidance in setting new rules and standards for the industry and serves as the profession’s advocate before legislative bodies, public interest g

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