Preview

Ethics And Ratio Analysis Paper

Powerful Essays
Open Document
Open Document
854 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ethics And Ratio Analysis Paper
Running head: ETHICS AND RATIO ANALYSIS PAPER

Ethics and Ratio Analysis Paper

Ethics and Ratio Analysis Paper This will be an Ethics and Compliance paper on the organization Disney. We will obtain and include a copy of our selected organization’s annual report and SEC filings for the past two years. The objective of this paper will be to analyze the data in our selected organization’s annual reports and SEC filings. Our analysis will address the following: Assess the role of ethics and compliance in your selected organization’s financial environment. This paper will describe the procedures that Disney has put in place to ensure ethical behavior. This paper will identify the process Disney uses to
…show more content…
In furtherance of this commitment, the Board of Directors (the "Board") promotes ethical behavior, and has adopted this Code of Business Conduct and Ethics for Directors ("Code"). Every Director must:
(1) represent the interests of the shareholders of The Walt Disney Company; (2) exhibit high standards of integrity, commitment and independence of thought and judgment; (3) dedicate sufficient time, energy and attention to ensure the diligent performance of his or her duties; and
(4) comply with every provision of this Code.” (The Walt Disney Company [Disney.com], n.d., p.
…show more content…
This can explain how Disney has the ability to pay back its short term liabilities with the short term assets. In 2009 the company is above average which allows Disney to pay off any obligations if it came due at one

You May Also Find These Documents Helpful

  • Powerful Essays

    Disney has taken great lengths to ensure they are practicing ethical behavior when it comes to their financial environment. Disney Company has a division that was created called Evaluation of Disclosure Controls and Procedures whose sole purpose is ensure that the company is following ethical behavior when reporting files within a timely manner as mandated by SEC…

    • 1506 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    fsa3e quiz mod01

    • 472 Words
    • 6 Pages

    3. At the beginning of a recent year, The Walt Disney Company’s liabilities equaled $26,197 million.…

    • 472 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    The purpose of this assignment is to assist you in refining problem-solving capabilities that organizations already possess for use in business ethics applications. This paper uses a structured, objective format sometimes called a system of inquiry. This assignment is a systematic formalized inquiry into or examination of the code of ethics of an organization and its effects to achieve a specific level of ethical behavior in employees, management, and executives.…

    • 655 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Acc/325 Phase 2

    • 983 Words
    • 4 Pages

    Ethics plays such an important role in the business world. There are organizations and boards that set guidelines specifically to improve the work environment and help control the amount of ethical dilemmas. The SEC works as the head quarters for these boards and has developed many new guidelines since the crisis of the early 2000’s. The International Ethics Standards Board for Accountants (IESBA) has established ethical standards and guidelines for accountants similar to those of the AICPA’s Rules of Conduct. There are many organizations that are working in unison to create the best atmosphere for the business world and those involved.…

    • 983 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Financial Statement Review What is the net income for the current fiscal year Is it up or down from the prior year Why would this information be important to investors As of June 28, 2014 net income is 2,245 Millions compared to June 29, 2013 when net income was 1,847 Millions. Net income increased by 398 Millions Net income provides information regarding the companys bottom line. If the company is profitable each year investors are likely to invest in the company. What is the ending balance in stockholders equity Why would a labor union potentially be interested in this information Ending balance of stockholders equity was 45,520 Millions. Labor unions are interested in companys stockholders equity as they may suggest to management that dividends paid to investors should be reduced and an increase to employee benefits and negotiate contracts with employees. What is the total value of assets Why would this information be important to a potential creditor Total assets are 83, 723 Millions Total assets including international theme parks are 80,424 Millions. Creditors are interested in the companys assets because it shows the company has the means to pay off or keep up with debt. Banks are interested if the company has something of value to concert to cash to pay down debts if it gets to that point. If the company is interested in obtaining a loan or more credit from a bank the total value of assets shows that the company is willing to risk assets. What is the total cash flow from operation Total cash flow was 6,675 Millions from operation What financial statement user would find this information most important Management and investors would use the statement of cash flows to determine the companys financial health over a period of time. The users of these statements find the cash flow statement to be informative as it cannot be manipulated, such as net income. Reference Reports and Financial Information The Walt Disney Company. (n.d.). Retrieved October…

    • 653 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Any organization would need to make sure it is on solid ground before taking a chance on growth and return. Strategically the initiative would be to build a relationship between three solid areas; sell the strategic need first, operational development, and financial planning. Our team paper will illustrate a strategic initiative for the Disney organization as well as identify an initiative discussed in Disney’s Annual Report. The focus will look at how the initiative affects Disney’s financial planning and explain how the initiative can affect the costs as well as sales within this organization. Last but not least, our paper will describe the risks associated with the initiative and financial effects the risks may have to the organization. The conclusion will recap the importance and value of the relationships between the strategic and financial planning initiatives within The Walt Disney Company.…

    • 1317 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    The Walt Disney Company is the world’s second largest media company, with a revenue of over twenty five billion dollars in the year 2000. 46% of their income comes from films, publishing, and merchandise, 23% of their income comes from theme parks and resorts, and the other 31% comes from broadcasting. The company has many internet, music, recreational, publishing, broadcasting, and (obviously) filming assets, including:…

    • 1263 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Since the beginning of the Walt Disney Company, ethics and compliance were very important for the entire organization and the Walt Disney Company of today the business standards and ethics are well written, and outlined in great detail. One of the reasons that the ethics and compliance standards were implemented is to ensure that the financial health of the company is not compromised by the misused of proprietary information to gain wealth illegally by the employees and the Board of Directors. All employees, managers and Directors are responsible for the financial health of the company and the best interest of the stockholders. Walt Disney Company used internal audits to ensure that all documentation and reports are accurate and also that all financial statements are in compliance with the general accounting practices.…

    • 1207 Words
    • 5 Pages
    Better Essays
  • Best Essays

    This paper will address the strategic and financial planning associated with the operations of Disney. In addition, the paper will show the correlation between strategic and financial planning. The impact of the organization’s initiative costs, sales, and associated risks the organization encounters during the financial and strategic planning will be addressed. “Thus, the financial planning process provides a tool for preparing for the future working-capital requirements of the firm.” (Keown, 2005)…

    • 1206 Words
    • 5 Pages
    Best Essays
  • Better Essays

    Business codes of ethics are written guidelines use by an organization to set the standards for employees and management conduct and behavior ("Businessdictionary.com," 2013). Business code of ethics is important to deal with ethical the rules and principles needed for a successful business. Also known as code of conduct a business code of ethics reflect an organization values, ethics, objective, and responsibilities ensuring corporate responsibility, quality assurance, and customer satisfaction creating excellence, accountability, and transparency. In this paper an explanation and description of some general information concerning Starbucks mission, and ethical system uses with examples of their uses. The essay will also identify how the code of ethics affects employees, managers, and board of directors within the organization. An explanation of the organization need to modify the existing code of ethics and the best method to implement these changes will be discussed. Furthermore, a discussion of the possible reactions from employees, managers, and the effects the code may have on the organization will be provided.…

    • 1232 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Walt Disney Controversy

    • 613 Words
    • 3 Pages

    The Walt Disney Company has the mission to be one of the world’s leading producers and…

    • 613 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Through well thought strategic planning and financial planning, the Walt Disney Company continues to influence the people of the world with entertainment and communication. The success of Disney Land Park in Anaheim, California and Disney World in Orlando, Florida guided the Walt Disney Company with the vision to become the company it is today. Financial forecasting and financial analysis of previous initiatives along with marketing helped the Walt Disney Company to expand and introduce new initiatives. Successfully managing the company’s capital budgets, working capital and corporate risk have been crucial to the financial health of the Walt Disney Company we recognize…

    • 1754 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    Disney Strategic Assessment

    • 2350 Words
    • 10 Pages

    Walt Disney Company for eighty years has captured the attentions of millions of people around the world, offering family entertainment at theme parks, resorts, recreations, movies, TV shows, radio programming, and memorabilia (David, 2009). Today, Walt Disney possesses four main business segments: Disney Consumer products, Studio Entertainment, Parks and Resorts, and Media Networks. Each of Disney's business units increased profits apart from its interactive division, which was recently restructured (Garrahan, 2011). By combining Disney's long history with the commitment to quality, Disney Consumer Products has had a large and steady presence in the toy marketplace (Anonymous, 2010). Studio entertainment has been somewhat of a problem for Disney and has not increased revenues by great percentages. Parks and Resorts increased revenue by 29 percent in 2006 and media networks increased revenue by 43 percent. The Media Network segment brings in the most revenue and operating income (David, 2009). This segment and the Parks & Resorts segments are growing.…

    • 2350 Words
    • 10 Pages
    Better Essays
  • Better Essays

    Ethics are the very principle foundations utilized by organizations to govern the activities and decisions of all individuals involved in and attached to an organization. The importance of these guiding principles directs the manner in which the organization conducts its business, therefore has a direct bearing on the organization’s reputation, productivity, and bottom line (Kelchner, 2015). The components of an ethical culture of any organization are comprised of leadership ethics and employee ethics. Successful organizations ensure their leaders…

    • 1783 Words
    • 8 Pages
    Better Essays
  • Satisfactory Essays

    Walt Disney is a major amusement park conglomerate, understanding the dynamics of the business culture, economy, competition, information technology, and adhering to the social responsibility and ethical guidelines that are expected of the company to the stakeholders, along with regulatory forces. The goal of Walt Disney Corporations is to humbly embrace how the cultural differences in a society can be inclusive in working together for the common good of all…

    • 71 Words
    • 1 Page
    Satisfactory Essays