Mr. Ray,
As requested, I have attached list of “end-of-year actions” we can possibly take to improve our annual earnings growth to this memo.
We have many options available to us, but we need to tread carefully as some of those options might put us into very difficult position. Without further due, our options include the following:
a. Deferring December’s routine monthly maintenance on packaging equipment by an independent contractor until January of next year. Pro: Acceptable option as it is normal accounting practice, and we should see the boost we need on our annual growth. …show more content…
Altering dates of shipping documents of next January’s sales to record them as sales in December of the current year. Pro: Gives boost we need on annual report. Con: Unacceptable option as altering dates on shipping document is forgery. It is clear violation of ethical standards (Credibility).
d. Giving salespeople a double bonus to exceed December sales targets. Pro: Acceptable option as end of year sales makes up large portion of our revenue. Salespeople will be motivated to make extra sales. Con: Two question remains. Will we exceed December sales target? Will the extra sales out-weight double bonus pay?
e. Deferring the current period’s advertising by reducing the number of television spots run in December and running more than planned in January of next year. Pro: Acceptable option as expense needs to be reduced to be in line with sales number. Con: Possibly result in lower sales number due to reduced
As requested, I have attached list of “end-of-year actions” we can possibly take to improve our annual earnings growth to this memo.
We have many options available to us, but we need to tread carefully as some of those options might put us into very difficult position. Without further due, our options include the following:
a. Deferring December’s routine monthly maintenance on packaging equipment by an independent contractor until January of next year. Pro: Acceptable option as it is normal accounting practice, and we should see the boost we need on our annual growth. …show more content…
Altering dates of shipping documents of next January’s sales to record them as sales in December of the current year. Pro: Gives boost we need on annual report. Con: Unacceptable option as altering dates on shipping document is forgery. It is clear violation of ethical standards (Credibility).
d. Giving salespeople a double bonus to exceed December sales targets. Pro: Acceptable option as end of year sales makes up large portion of our revenue. Salespeople will be motivated to make extra sales. Con: Two question remains. Will we exceed December sales target? Will the extra sales out-weight double bonus pay?
e. Deferring the current period’s advertising by reducing the number of television spots run in December and running more than planned in January of next year. Pro: Acceptable option as expense needs to be reduced to be in line with sales number. Con: Possibly result in lower sales number due to reduced