Discuss the benefits of establishing solid financial acumen

Assignment Help Business Management
Reference no: EM132328293

Part 1: Financial Acumen

Keeping abreast of the financial measures and metrics employed by a company allows employees to better understand its health and position at any given time. Using other libraries and the Internet:

1. Review at least three (3) articles on financial acuity. Summary the articles in 400 - 600 words. Use APA formatting throughout including in-text citations and references.

2. Discuss the benefits of establishing solid financial acumen in a company? Discuss your personal experiences in a situation where financial acumen was either not supported as an organizational hallmark or, conversely, was built into the company's culture.

Part 2: Sarbanes-Oxley (SOX)

Write a 200-word commentary on Sarbanes Oxley and the importance this act has for American businesses today. Your commentary should include the following:

A. Rationale for SOX

B. Provisions of SOX

C. Enforcement of SOX

Classmates discussion post can be posted later to answer them:

Read and respond to your classmates. In your response to your classmates, consider comparing cash generation techniques at your company versus his or her company. Draw distinctions based on the industry and tell your colleagues why those distinctions are necessary for the management of cash flow. Below are additional suggestions on how to respond to your classmates' discussions:

Ask a probing question, substantiated with additional background information, evidence or research.

Share an insight from having read your colleagues' postings, synthesizing the information to provide new perspectives.

Offer and support an alternative perspective using readings from the classroom or from your own research.

Validate an idea with your own experience and additional research.

Make a suggestion based on additional evidence drawn from readings or after synthesizing multiple postings.

Expand on your colleagues' postings by providing additional insights or contrasting perspectives based on readings and evidence.

Assignement conditions:

1) Students are encouraged to utilize the APA Publication Manual, Sixth Edition for explicit guidance and direction. Failure to cite properly can result in a failing grade.

2) No copy and paste and unique writing and references required.

Reference no: EM132328293

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