Starbucks Analysis
Tameshia Dixon
Financial Accounting
MBA-503
Module 3: Rules of Financial Reporting
07/17/2016
1354 Holland Rd.
Greenville, NC 27834
252-916-0678
Tameshia.dixon@snhu.edu
Abstact
Every business that is formed needs to provide a way to protect the integrity of their organizations management and employees so that it can continue to grow and make money. An organization that is lacking a form of balance and checks systems are exposed to becoming victims of discourage theft in their organization, fraud and countless mistakes by not having standards to guide their organization, employees dissatisfaction, and prosecution. If an organization wants to provide a balance and check system, they need to implement a reporting control procedure system. As you read this research paper you will learn about the five control procedures which are segment information, accrual accounting method, fair market value, and …show more content…
Starbucks financial reporting has met the statutory and it’s commom laws.
References:
Accounting Coach, 2016. (2004). What is the accrual basis of accounting? Retrieved July 18, 2016, from http://www.accountingcoach.com/blog/acrrual-basis-accounting In-line Citation: (Accounting Coach, 2004)
Corporation, S., & reserved, A. rights. (1900). Investor relations. Retrieved July 18, 2016, from http://investor.starbucks.com/phoenix.zhtml?c=99518&p=irol-reportsannual In-line Citation: (Corporation, & reserved, 1900) FASB accounting standards Codification. Retrieved July 18, 2016, from https://asc.fasb.org In-line Citation: (“FASB accounting standards Codification®,” n.d.) Harrison, W., Horngren, C., & Thomas, W. (2016). Higher education. Retrieved July 18, 2016, from https://www.pearsonhighered.com In-line Citation: (Harrison, Horngren, & Thomas,
Tameshia Dixon
Financial Accounting
MBA-503
Module 3: Rules of Financial Reporting
07/17/2016
1354 Holland Rd.
Greenville, NC 27834
252-916-0678
Tameshia.dixon@snhu.edu
Abstact
Every business that is formed needs to provide a way to protect the integrity of their organizations management and employees so that it can continue to grow and make money. An organization that is lacking a form of balance and checks systems are exposed to becoming victims of discourage theft in their organization, fraud and countless mistakes by not having standards to guide their organization, employees dissatisfaction, and prosecution. If an organization wants to provide a balance and check system, they need to implement a reporting control procedure system. As you read this research paper you will learn about the five control procedures which are segment information, accrual accounting method, fair market value, and …show more content…
Starbucks financial reporting has met the statutory and it’s commom laws.
References:
Accounting Coach, 2016. (2004). What is the accrual basis of accounting? Retrieved July 18, 2016, from http://www.accountingcoach.com/blog/acrrual-basis-accounting In-line Citation: (Accounting Coach, 2004)
Corporation, S., & reserved, A. rights. (1900). Investor relations. Retrieved July 18, 2016, from http://investor.starbucks.com/phoenix.zhtml?c=99518&p=irol-reportsannual In-line Citation: (Corporation, & reserved, 1900) FASB accounting standards Codification. Retrieved July 18, 2016, from https://asc.fasb.org In-line Citation: (“FASB accounting standards Codification®,” n.d.) Harrison, W., Horngren, C., & Thomas, W. (2016). Higher education. Retrieved July 18, 2016, from https://www.pearsonhighered.com In-line Citation: (Harrison, Horngren, & Thomas,