2024 – Accounting for a Specific Circumstance Please respond to the following Use the Internet or the Strayer

“Accounting for a Specific Circumstance” Please respond to the following:

• Use the Internet or the Strayer Library to research companies who have potential (1) pollution problems, (2) environmental-disposal problems, or (3) demolition issues (specifically big-box stores). Next, analyze how you, as the Chief Financial Officer (CFO) of a “big box store” that has potential pollution, environmental-disposal, or demolition problems, would handle these costs in your financial statements and communicate this proposed plan to your colleagues on the management team. Indicate how any resistance would be overcome. Support your stance with the information that you obtained through your research.
• Recommend the advantages and disadvantages of recording the above-referenced costs in the financial statements and how this might alter the company’s public image.

“Researching Financial Information” Please respond to the following:

• Go to the Securities and Exchange Commission Website, located at http://searchwww.sec.gov/EDGARFSClient/jsp/EDGAR_MainAccess.jsp?search_text=*&sort=Date&formType=Form10K&isAdv=true&stemming=true&numResults=100&numResults=100. Analyze the section showing typical stock information and financial positions of companies. Next, analyze one company’s financial position and determine whether or not the stock potential will rise, remain stable, or decrease in value. Determine whether you would invest in it or not at this time. Provide a rationale for your response. 
• Assess how profitable the company has been over the past five (5) years and determine how you would advise the company about its future profitability potential.

“Accounting Methods and Inventories” Please respond to the following:

• Create a corporate policy designed to minimize inventory shrinkage related to theft, stocking errors, shipping errors, etc., indicating how the policy will be enforced and procedures that may need to be implemented.
• Inventory control requires constant attention. Propose a set of guidelines that reflect the necessary monitoring controls for three distinct types of business (e.g., a shoe retailer, a physician’s office, and a food vending truck) to minimize loss and waste. Indicate how each control will minimize risk of inventory loss.