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Research Project on Facebook- Managerial Accounting Course Oc

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Research Project on Facebook- Managerial Accounting Course Oc
Research Project

Company Name: Facebook, Inc.

ACCT 5103-99

Mr. Fabrice SHEMA NGOGA

Company Introduction and Business Description Reference to Mergent online and LexisNexis, Facebook Inc, located at 1601 Willow Road Menlo Park, CA 94025 United States, was created in July 2004, DE, United States by Harvard Computer Science student Mark Zuckerberg as an online version of the Harvard Facebook. The name comes from books of freshmen's faces, majors, and hometowns that were distributed to students. He has served as its Chief Executive Officer and Director since July 2004 and from January 2012, Mr. Zuckerberg has served as Chairman of Facebook. As a founder of the Company, Mark is responsible for setting the overall direction and product strategy for the company. He leads the design of Facebook service and development of its core technology and infrastructure. In the year end 12/31/2012 Facebook,Inc. average staff was 4, 619, among them 10 executives managers in charge of the daily decision of the company. In 2012 facebook began publicly trading after filing one of the largest IPOs in US history it’s Net sales was 5,089,000,000 usd. Facebook,Inc. is a company operating in the internet and software industry, Facebook provides marketers, including brand marketers, direct marketers, small and medium-sized businesses, and developers reach, relevance, social context, and engagement to enhance their ads. Co. provides access through its website, mobile sites, Smartphone applications (apps), and feature phone products. Through apps and websites built by developers using Co.'s Facebook Platform, which is a set of development tools and application programming interfaces, people can interact with their Facebook friends while playing games, listening to music, watching movies, reading news, and engaging in other activities across the web and on mobile devices. Sales Performance For this research project, I have analyzed the total net sales of facebook, Inc., for the year

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