Project Parameters Research

Do you require help with your paper? Use our custom writing service to achieve better grades and meet your deadlines. Trust our team of writing experts with your work today, and enjoy peace of mind.

Order a Similar Paper Order a Different Paper

Project Parameters:
You have been selected as the consultant to develop a business plan for Durango
Manufacturing Company, which is a start-up, medium-sized public manufacturing
company. The CEO has a background in manufacturing and is well versed in supply
chain management. However, the CEO has limited experience in financial
management and creating value for the various stakeholder groups. Your business
plan must include a five (5) year strategy to increase revenues by 10% and a
recommendation for creating an organizational structure to comply with SOX
mandates for strong corporate governance over the internal controls. Your
business plan must also include prescriptions for creating an ethical
environment. Your recommendation must be approved by the Board of Directors
before the company can begin its operations.

Based on your knowledge of accounting and financial, prepare a ten to twelve
(10-12) page report in which you:

  1. As
    the consultant, create an argument that you will present to the CEO that
    suggests accounting and financial management knowledge and skills will be
    essential to the company’s success and stability over the next five (5)
    years. Provide support for your argument.
  2. Suggest
    to the CEO how the company’s stakeholders (investors, lenders, and
    employees) will use financial statement information and ratio calculations
    to make key determinations related to the financial condition and
    operational efficiency of the company. Provide support for your rationale.
  3. Given
    the strategy to increase revenue during the five (5) year plan period,
    which will need to be achieved through expansion and capital expenditures,
    determine which capital budgeting ratio is appropriate for Durango to
    evaluate its proposals for capital expenditures, such as NPV, IRR, etc.
    Defend your position.
  4. In
    order for the company to improve its operational efficiency, recommend
    which production departments should use process, job order, and
    activity-based costing—all three (3) of which must be implemented within
    Durango. Defend your choice for each department.
  5. The
    CEO would like to consider outsourcing his manufacturing operations if
    labor can be supplied cheaper overseas than in the U.S. Create an argument
    either for or against outsourcing the manufacturing operation to a foreign
    country. Your argument should include key points that support your
    position. The key points should address economic and business management
    aspects related to outsourcing.
  6. Predict
    the economic and business environment over the next five (5) years,
    indicating at least two (2) ways it may impact Durango Manufacturing
    Company’s ability to achieve the desired 10% growth in revenue. Provide
    support for your prediction.
  7. Formulate
    a strategy to improve the opportunities for Durango to reach its revenue
    goals (i.e., increase revenue by 10% within five [5] years). 
  8. Use
    the Internet to research a company similar to Durango that has been
    accused of committing fraud. Determine the specific internal control that
    was defective, along with aspects of corporate cultural environment that
    contributed to the fraud or unethical behavior. Based on these findings,
    determine how improving this internal control failure can mitigate future
  9. Assess
    the potential for fraud within Durango based on the lack of IT controls,
    and determine at least two (2) ways Durango will structure its internal IT
    controls to ensure that such controls are effective in detecting
    fraudulent transactions. 
  10. Examine
    the current roles and responsibilities of Durango’s audit committee
    members, and propose a model for your company to improve the effectiveness
    of the audit committee and thus ensure effective corporate governance.
  11. Use
    at least six (6) quality academic resources in this assignment. Note:
    Wikipedia and other Websites do not qualify as academic resources.

Your assignment must follow these formatting

  • 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
  • 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

The specific course learning outcomes
associated with this assignment are:

    • Analyze financial
      reports, prepare analysis, and draw conclusions based on the financial analysis

    • Calculate and
      interpret various financial and operating ratios used in business.

    • Apply activity-based
      costing and other managerial accounting concepts to various business

    • Evaluate capital
      budgeting situations by calculating financial returns and drawing appropriate

    • Evaluate internal
      controls within an organization and create a risk assessment.

    • Analyze ethical
      theories to evaluate a decision-making process to determine compliance with
      professional codes of ethics.

    • Evaluate the health of
      organizations to assess the level of risk in an audit engagement.

    • Evaluate financial
      data for potential fraud and prepare an audit approach for detecting fraud.

    • Assess the risk of
      financial misstatement in an IT-based environment.

    • Evaluate financial
      data for potential fraud and determine the business relationships contributing
      to the fraudulent reporting.

    • Use technology and
      information resources to research issues in accounting management.

    • Write clearly and
      concisely about accounting management using proper writing mechanics.

Do you need help with this or a different assignment? We offer CONFIDENTIAL, ORIGINAL (Turnitin/LopesWrite/SafeAssign checks), and PRIVATE services using latest (within 5 years) peer-reviewed journal articles. Kindly click on ORDER NOW to receive an A++ paper from our masters- and PhD writers.

Get a 15% discount on your order using the following coupon code SAVE15

Order a Similar Paper Order a Different Paper