Walt Disney Company Adriana Arroyo Course Project ACCT 307 August 19‚ 2012 Professor Stuart Thomas TABLE OF CONTENTS Fiscal Year 2011 Annual Financial Report consolidated statements of income 4 consolidated balance sheets 5 consolidated statements of cash flows 6 consolidated statements of shareholders’ equity 7 Required Questions [1] What is the amount of property and equipment on the balance sheet for the two most recent years? What is the amount of depreciation expense? What
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Procedures to Ensure Ethical Behavior The Walt Disney Company has several procedures in place to ensure ethical behavior. The first procedure in place is effective internal controls over financial reporting. The Walt Disney Company used the independent registered public accounting firm of PriceWaterHouseCoopers LLP for the auditing of its financial statements and internal controls for the year ending 2009 and 2010. This independent auditor found the financial statements to be presented fairly and
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Mission statement “ A mission statement is a formal‚ short‚ written statement of the purpose of a company or organization. The mission statement should guide the actions of the organization‚ spell out its overall goal‚ provide a sense of direction‚ and guide decision-making. “ ( Wikipedia ) Examples of missions from some companies: McDonalds - " McDonald’s brand mission is to "be our customers’ favorite place and way to eat." Our worldwide operations have been aligned around a global strategy
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The company chosen for the assignment is the “Walt Disney Company.” For the Walt Disney Company‚ the fiscal year ended October 2‚ 2010. A strength listed on the balance sheet is the difference of film and television costs for the years 2009 and 2010. In 2009 these costs were $5‚125‚000‚000‚ but in 2010 the costs dropped to $4‚773‚000‚000. This is a decrease in the costs for film and television costs. On the consolidated statements of cash flows the cash provided by operations decreased from 2008
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Walt Disney Company Angela Pursel University of Phoenix COM 530/ Communications for Accountants Brent Smith March 21‚ 2011 Walt Disney Company Walt Disney is a well-known name in today’s society. Walt Disney once stated‚ “You can dream‚ create‚ design and build the most wonderful place in the world but it requires people to make the dream a reality” (Sparks‚ 2007). Marty Sklar‚ Vice Chairman and principal creative executive for Walt Disney Imagineering was quoted as saying‚ “From
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The story “Art for Heart’s Sake” was written by Reuben Lucius Goldberg (1883-1970)‚ an American sculptor‚ cartoonist and writer. After graduating from the University of California in 1904 he works as a cartoonist for a number of newspapers and magazines. He produced several series of cartoons all of which were highly popular. Among his best works are “Is There a Doctor in the House?” (1929)‚ “Rube Goldberg’s Guide to Europe” (1954) and “I Made My Bed” (1960). The story we are analyzing is “Art for
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The Disney name rings a familiar bell in almost everyone’s ear for both young and old. A dream started by Walt Disney himself snowballed over the years into a gigantic empire that has created instantaneous recognition by ear and sight across the globe. In this essay‚ Team D will analyze financial data for Disney. Team D will assess Disney’s ethics and compliance‚ pronounce the procedures to safeguard ethical behavior‚ explain the financial market‚ identify the methods the company is required to use
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“Computers don’t create computer animation anymore than a pencil creates pencil animation. What creates computer animation is the artist.”-John Lasseter‚ brainyquote.com Lasseter was the type of person who believed animation was supported by the art and the technology‚ but it truly came from the artist and the story He lived by his quotes like these every day when he went to Pixar Studios to create his animations. John Lasseter created many of Pixar’s movies‚ used creating‚ imagining‚ and innovating
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Walter Elias Disney‚ born December 5‚ 1901‚ was a cartoonist‚ voice actor‚ producer and overall a man way ahead of his time. This is a man who came from humble beginnings‚ he dropped out of high school to join the military but unfortunately was to young therefore was sent to France to drive an ambulance for a year. Even with what little he had this is someone who had a dream to do something great. His passion for art was something that could not go unseen therefore everything he imagined little by
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Timothy Walter Burton more commonly known as Tim Burton is a Painter‚ Screenwriter‚ Illustrator‚ Author‚ Director‚ and Producer. Born in 1958‚ in the city of Burbank‚ California‚ to parents Jean and Bill Burton. Burton had a painful childhood in which the relationship with his parents and brother was nonexistent. Through his perception of being isolated‚ he began to develop his visual talents. The content Burton found in hobbies such as writing and drawing led him to attend the California Institute
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