Stevenson Saby & Lesly Castillo
American Intercontinental University
September 7, 2012
The for-profit organization of interest we selected is Samsung electronics co., ltd. and its subsidiaries. We researched the unusual or conflicting accounting principle that has impacted Samsung electronics co, Included in this research we present, a review and analyze the organizations published accounting statements of the last two years. Specifically, our research paper will: Identify the core functions of each department, their strengths and weaknesses, and make recommendations for improvement, as appropriate. This paper Identifies and describe the underlying problems, Compares the alternative courses of action, Explain the effects at issues, Recommend options that would be consistent with the organization’s accounting practices, accounting processes, and accounting-related departments. Last includes the last two years of published accounting statements
From its inception as a small export business in Taegu, Korea, Samsung has grown to become one of the world’s leading electronics companies, specializing in digital appliances and media, semiconductors, memory, and system integration. Today Samsung's innovative and top quality products and processes are world recognized. This timeline captures the major milestones in Samsung's history, showing how the company expanded its product lines and reach, grew its revenue and market share, and has followed its mission of making life better for consumers around the world. (SAMSUNG All rights reserved) To identify the core functions of each department, Samsung organization structure consist of Vice Chairman, US executive team and a Board of directors. http://visiblebusiness.blogspot.com/2009/11/samsung-samsung-ar-2008.html Samsung has recently been involved one of the largest patent laws of its kind, Apple Inc. has sued...