WEEK 1: Discussion Prompt #1 – For all organizations, especially public-traded companies

WEEK 1: Discussion Prompt #1 – For all organizations, especially public-traded companies

WEEK 1: Discussion Prompt #1 – For all organizations, especially public-traded companies, one of the main goals of the organization is to maximize the value of the firm. For part one of this discussion, discuss if maximizing the value of the firm is an appropriate goal. For part two, consider an organization’s CSR program. Does maximizing the value of the firm come at the cost of the CSR program? When forming your thoughts for part two, consider Apple and Microsoft. Apple is a company that does not have a rigorous CSR program. Instead, they focus on maximizing the most profits possible. On the other hand, Microsoft and Bill Gates is one of the most “giving” companies in the business world today. Which scenario is better for society and the organization?

Note: THis is for a discussion forum. 75-150 words are required.

…………………Answer preview…………………….

Financial management has several of its relationships with accounting discussed below. The objective of a financial management report is being shown to a manager or CEO for specific reasons whenever they want it, but for financial accounting, they are made to present to customers or potential investors, sometimes even authorities or suppliers. Accounting principles used in both systems are similar. Financial accounting reports are prepared whenever they are required, but financial management statements are produced yearly…………………..

APA

175 words

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