Acc599002va

Overview

Every company wants to expand its operations and increase its revenue. A business plan with a five-year strategy to increase revenues is essential for a company to grow. Business plans have many components, and for this assessment, you will develop a business plan focused specifically on accounting and financial practices for growth.

For this assignment, you will select a different company than in the prior assignments. You will develop a business plan for growth focused on accounting and financial practices to expand operations and increase revenue for your selected company. The plan will include a five-year strategy to increase revenues by 10%, and a recommendation for an organizational structure with mandates for effective corporate governance of internal controls, and practices for supporting an ethical environment. You will conduct research to identify?industry?best practices for strategies to increase financial performance and achieve the optimal position in the market while maintaining ethical financial practices. The plan will also integrate the relevant best practices as appropriate for the selected company.

Instructions

Write a paper in which you:

Analyze a selected company, its operations, and its associated industry and evaluate these areas for the development of a business plan for growth to increase revenues by 10% over the next five years with ethical financial practices.

Recommend three or more well-defined improvements to corporate governance over the internal controls supported with examples of how the recommendations would impact the company’s financial statements.

The recommendations could be for better financial control, reduction in the loss of product, or to increase employee collaboration.

Provide at least four reliable, relevant, peer-reviewed references, published within the last five years that support the paper’s claims.