Preview

Walmart Annual Report

Powerful Essays
Open Document
Open Document
886 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Walmart Annual Report
An annual report is also often referred to as a company 's annual financial report. An annual report consists of four major parts, each of which can be broken down into specific areas pertaining to the business in question. These four sections reveal the business 's financial status in terms of earnings, spending, debt and long-term assets. The first main section of Walmart’s annual report is assets. The company 's assets are often presented in a category near the beginning of the annual report. The assets show how much the company owns both in terms of short-term and long-term assets. Long term assets can include property or investments, so the value may change over time for both the better and the worse. The assets should be broken down in terms of monthly value, so readers can easily identify where the numbers come from and identify when and where an asset may increase or decrease in value. The second main section on an annual report is liabilities. The company 's liabilities are often presented directly after the assets. The liabilities should be presented in the same format as the assets, as the two are often similar. Liabilities can also be both short-term and long-term and can include banking loans and overall debt of the company. Again, this information should be presented in terms of graphs on a monthly basis so the reader can identify if specific liabilities grow and decrease over the annual period being discussed. Monthly expenses are the third main section of the annual report. A large section of the annual report is the section that discusses the company 's expenses each month over an annual period. While some of the expenses are set each month and do not change, such as rent fees and set service utilities, others can vary drastically. For example, the cost of business dinners or office supplies can change each month, so make sure to note each expense to get an accurate sum of monthly expenses. These expenses should be shown


Links: * Walmart.com (online shopping site) * Walmartstores.com (corporate information) * Wal-Mart International Operations * Samsclub.com * McLane Company An organization 's internal environment is composed of the elements within the organization, including current employees, management, and especially corporate culture, which defines employee behavior. Although some elements affect the organization as a whole, others affect only the manager. A manager 's philosophical or leadership style directly impacts employees. Traditional managers give explicit instructions to employees, while progressive managers empower employees to make many of their own decisions. Changes in philosophy and/or leadership style are under the control of the manager. The following sections describe some of the elements that make up the internal environment.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    There are many different types of financial reports, each showing a different aspect of the financial condition of an organization.…

    • 501 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    A Financial Statement can be defined as, “Summary report that shows how a firm has used the funds entrusted to it by its stockholders (shareholders) and lenders, and what is its current financial position” (Business Dictionary, 2011). The Financial information is required for various users to make an informed Decision. “The purpose of financial information is to provide inputs for decision making” (Kimmel, Weygandt, Kieso, 2009, Para 1, p. 6). There are four different parts covered in a Financial Statement; those are Balance Sheet, Income Statement, Retained Earnings Statement, and Statement of Cash flow. The assignment will elaborate the purpose of each statement and differentiate its utility for different…

    • 749 Words
    • 3 Pages
    Good Essays
  • Good Essays

    According to About.com (2010), economic indicators are economic statistics that indicate how well the economy is doing and how well the economy will do in the future. Economic indicators can range from unemployment to the inflation rate. Economic indicators are not the same across the board, and will vary from industry to industry and company to company.…

    • 1203 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Week 2 Assignment

    • 392 Words
    • 2 Pages

    The comprehensive annual financial report is the complete annual report of that government, city or state. It is broken into three components, which are the introductory section, financial section and the statistical section. The introductory section should include a letter of transmittal and general information as to how the government is organized. It should present an overview of financial and economic conditions faced by the government and summarizes recent key financial developments. In the financial section should contain the management’s discussion and analysis. There will also be the basic financial statements, note to the statements, required supplementary information and the combining and individual fund financial statements. In the statistical section you can see the ten primary statements and a dozen supplementary statements and schedules that are incorporated into notes and supplementary sections. A budget on the other hand is a document that shows the proposed revenues and spending for a specific financial year that has to be passed by legislature and approved. The difference between both is that a budget is…

    • 392 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Within the balance sheet there is the statement of revenue and expense. This particular item shows a period of time rather a point in time or one single date (Baker & Baker 2011). It shows how well my company has been in the current year compared to a previous or a future year. This would help my financial department determine my revenue inflow, expenses, and overflow. The last section that would be focused on is the statement of cash flow.…

    • 363 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    UNIT 524

    • 6991 Words
    • 27 Pages

    The internal environment is very much associated with the human resource of the business or organization, and the manner in which people undertake work in accordance with the mission of the organization. To some extent, the internal environment is controllable and changeable through planning and management processes.…

    • 6991 Words
    • 27 Pages
    Powerful Essays
  • Better Essays

    Before understanding the charts presented in the corporate annual report, the shareholder needs to have an understanding of what the basics are and what is presented on these charts. Shareholders also need to understand how these numbers are computed and they might also want to see how the company has done over the past few years. There are many different components and factors that go into just one chart. The most basic of components and one of the most valuable to a company is an asset. An asset is an economic resource that is expected to be of benefit in the future. Assets are split up into two different ways that they can be claimed on. The first is a liability. A liability is an economic obligation or…

    • 2647 Words
    • 11 Pages
    Better Essays
  • Good Essays

    *IFRS requires separate display of the portion of profit or loss attributable to the minor-…

    • 730 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Management and leadership differentiation between the two methods of employee direction utilized in today’s organizations. Management and leadership have the team-based work environment in common. Certainly, both styles associate with teamwork; however, the messages they send to teams are different from each other. Management influences teams through intimidation, rigorous systems and defined roles within the organization allow a few individuals to control the company’s operations. Management lacks either the knowledge or the desire to encourage employees’ personal growth as it puts emphasis on rehiring resources rather…

    • 1233 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    General Motors Company list and classifies their assets on their balance sheet based on amounts placed in the millions (Hoover 's Inc, 2011). This information can be viewed by quarterly report or annually. In each case, assets are generalized under such headings as cash, net receivables, inventories, other current assets, net fixed assets, and other noncurrent assets (Hoover 's Inc,…

    • 1558 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    The information of an annual report regarding current assets, liabilities, etc. are important to potential investors and employees because it all identifies the overall worth of the company. The company has to show its proficiency within financial worth in order to obtain serious investors and employees. These investors and employees are looking for a company that will have the most incentives (profitability) to not only invest…

    • 397 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Walgreens Annual Report

    • 951 Words
    • 4 Pages

    The annual report for a company is a very important tool for the company. It can tell it’s investors, customers, and employees how the company is doing and what income has come in, what was paid out in expenses, what was paid out in dividends, if any, what the net income is and whether the company is doing well and has a profit for the year or if the company is doing poorly and is in the negative for the year.…

    • 951 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Personal Budget

    • 1056 Words
    • 5 Pages

    Under your heading MONTHLY BUDGET, enter a budget amount for each ITEM category. Under the heading for each Month, enter an actual expense amount for that item for that month. (For example, in the winter months, your utility bills might be higher). While some items…

    • 1056 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Users of financial statements will look to the income statement to learn assess a company’s performance over a set period of time, often a month or a year. This statement depicts the company’s revenues and expenses with the difference reflecting the net income (or loss) resulting from the firm’s business activities. The revenue will be broken down by the category from which it derived with expenses broken down in a similar fashion. Those most interested in a company’s income include shareholders, potential investors, banks (for the purpose of assessing past performance and potential loan risk), creditors, and executives charged with ensuring profitability for the business. The complexity of an income statement will vary based on that of the company from whence it derives and the depth of its business activities (www.accountingcoach.com). In larger corporations an accrual basis of accounting is commonly used where revenues are recorded when the money is actually earned, as opposed to cash being received which would count simply as a…

    • 1081 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Kaleb Nielsen

    • 1663 Words
    • 7 Pages

    Almost everyone has been an employee at one point in their lives. Most have had managers that were either a positive or negative influence on shaping their work habits; managers that made them want to work harder or, conversely, give up on the tasks that were to be completed. The way a manager leads his employees is sometimes a chosen path and other times entered into at birth. Either way, the attitudes of his employees are a direct reflection of his management style. The effects of management philosophy, styles and priorities and how they impact the behavior of employees, or in this case, actors, will be discussed in this paper.…

    • 1663 Words
    • 7 Pages
    Powerful Essays