Management and Organizational Studies 1023A/B Chapter 1-2: Management and Organizational Studies 1023A/B Chapter 1-: Management and Organizational Studies 1023A/B Lecture : Reading Notes – chapter 1

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 1023A/B
• Professor: Maria Ferraro

Document Summary

Financial comparisons of operating alternatives, projections of profit, analyses of sales cost, forecasts of cash needs. Investors (i. e. shareholders) and creditors (i. e. lenders, e. g. When analyzing ethical situations, one must : recognize an ethical situation and the ethical issues involved, identify and analyze the main elements in the situation, identify the alternatives, then weigh the impact of each alternative on various stakeholders. Group, mccain foods, and irving group of companies: the top 50 of canada"s largest corporations each reported annual earnings ranging from billion to billion. The rules and practices for financial reporting of corporations are referred to as generally accepted accounting principles (or standards, or policies), or gaap. Gaap include broad policies and practices as well as rules and procedures about how to report economic events. Two kinds of financial reporting: publicly traded companies must use international financial reporting standards (ifrs, these are global standards created by the international accounting standards.