Management goals and financial ethics | FNCE 3001 – Financial Management | Walden University


Although it may seem that unethical practices in the business world are more prevalent in recent years, they have existed in one way or another throughout history. The business structures or sales methods may look different from generation to generation, but there will be people who still use corrupt methods and take advantage of others, and for that reason, organizations and consumers must diligently avoid becoming a victim or perpetrator of unethical practices. In this Assignment, you will explain how a business can avoid unethical and deceptive financial reporting practices, as well as explain the company’s financial and management goals.

Medi-Supply is a small but growing company that sells medical devices to hospitals in the local area. The company wants to expand its distribution regionally and hopefully nationally with its innovative devices. They are looking for investors as well as seeking out potential banks to borrow funds for expansion. These investors require standardized financial statements and are very hesitant to get involved with any companies before ensuring their adherence to ethical business and financial practices, in order to avoid tarnishing their reputation.

XYZ Logo Tim LewisThe owner of Medi-Supply has hired XYZ Corporation to provide consulting services to help them sort through their financial data, build their financial statements to display to potential investors and help them ensure they are on track with their goals and are avoiding any potential risks. You have been assigned to this project by your manager, Tim Lewis. Tim asks you to compile the results of your review into a series of reports, with detailed financial statements included.

Note: This week, you will complete and submit your business report on Management Goals and Financial Ethics for Medi-Supply company. In Week 2, you will complete a set of detailed financial statements and a second business report for the company. Refer to the Week 2 Assignment area for details.

To prepare for this Assignment:

  • Review this week’s Learning Resources.
  • Refer to the Academic Writing Expectations for 2000/3000-Level Courses as you compose your Assignment.

By Day 7

Submit your business report that addresses the following prompts.

  • Explain what types of financial and management goals Medi-Supply might have as the company moves forward to look for investors. (75–150 words, or 1–2 paragraphs)
  • Explain how Medi-Supply can avoid unethical practices in its financial reporting methods. Be sure to provide information on handling material non-public information correctly, developing an internal process for reporting unethical activities, reporting revenue appropriately, showing accurate debt with balance sheets that are balanced, and avoiding hidden reserves. Additionally, describe at least two other unethical financial reporting methods that could impact customers or shareholders. (225–300 words, or 3–4 paragraphs)

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 20% with the discount code RESEARCH