Business Finance Homework Help

Internal Controls

Activity Instructions

There is an ongoing debate about the cost-benefit relationship of internal controls and their ethical implications. Find one recent news article (published within the past three years) relating to internal controls over cash. Search Web sites like those of the New York Times and the Wall Street Journal. Then write a 1–2 page analysis of the particular situation, and discuss the ethical implications of the internal controls in that context. Apply what you know and have learned about the ethical standards of accounting practices to analyze the situation. Include a cover page and references in APA format.

Submission Requirements

Written communication: It should be free of errors that detract from the overall message.

APA formatting: Resources and citations are formatted according to APA (6th edition) style and formatting.

Length of paper: 1–2 pages, not including cover page and references.

Font and font size: Times New Roman, 12-point.

• Refer to the scoring guide for this assignment to ensure that you meet all of the grading criteria before submitting your document for instructor feedback and evaluation.
• Revenue and Gross Margin
• For this discussion, assume that you are an investor and considering the buyout of an existing publicly traded company. There are several areas you plan to focus on during your due diligence process in order to determine the organization’s potential as a long-term investment. Discuss the key factors you would evaluate on the statement of cash flows and what significance the income from operations line item has on your decision. In addition, discuss why the accounts receivable turnover rate and accounts payable turnover rate would be of interest in your decision making. Lastly, explain what meaningful insight you might obtain by reviewing the sales allowances and sales discounts amounts for this company.