P G Edited
Procter & Gamble
Risk Management Report
The Proctor & Gamble Company
Abstract
This report discusses the main values together with the principle risks and uncertainties that P&G is currently facing. A brief description of the company’s profile with key facts is initially outlined. It is concluded that P&G, as a multinational company with diverse product offerings, is constantly exposed to market risks, such as credit risk, changes in interest rates, currency exchange rates and commodity prices. From a junior financial controller’s point of view, this report focuses on the appropriate management activities to mitigate these risks, and to develop and monitor appropriate controls.
Table of contents
Abstract 2
Introduction 4
1. P&G’s company profile 5
1.1 Beauty 5
1.2 Grooming 5
1.3 Health Care 5
1.4 Fabric Care and Home Care 5
1.5 Baby, Feminine and Family Care 5
2. Main Values 6
2.1 Integrity 6
2.2 Leadership 6
2.3 Ownership 6
2.4 Passion for Winning 6
2.5 Trust 6
3. Risk management 7
3.1 Credit risk management 7
3.2 Interest rate management 7
3.3 Foreign currency risk management 7
3.4 Commodity risk management 8
Conclusion 9
References 10
Introduction
Procter & Gamble Co., also known as P&G, is an American multinational consumer goods company headquartered in downtown Cincinnati, Ohio, United States. William Procter and James Gamble, both from the United Kingdom, founded P&G in the year of 1837. The Company focuses on five reportable segments under GBUs, which are: beauty, grooming, health care, fabric care and home care, baby, feminine and family care. In 2014, P&G recorded $83.1 billion in sales thus making them one of the largest consumer goods companies in the world.
The purpose of this report is to indicate the company’s profile and investigate the company’s core values together with the appropriate management procedures in order to minimize the principal risks and uncertainties that P&G is currently facing.
Risk Management Report
The Proctor & Gamble Company
Abstract
This report discusses the main values together with the principle risks and uncertainties that P&G is currently facing. A brief description of the company’s profile with key facts is initially outlined. It is concluded that P&G, as a multinational company with diverse product offerings, is constantly exposed to market risks, such as credit risk, changes in interest rates, currency exchange rates and commodity prices. From a junior financial controller’s point of view, this report focuses on the appropriate management activities to mitigate these risks, and to develop and monitor appropriate controls.
Table of contents
Abstract 2
Introduction 4
1. P&G’s company profile 5
1.1 Beauty 5
1.2 Grooming 5
1.3 Health Care 5
1.4 Fabric Care and Home Care 5
1.5 Baby, Feminine and Family Care 5
2. Main Values 6
2.1 Integrity 6
2.2 Leadership 6
2.3 Ownership 6
2.4 Passion for Winning 6
2.5 Trust 6
3. Risk management 7
3.1 Credit risk management 7
3.2 Interest rate management 7
3.3 Foreign currency risk management 7
3.4 Commodity risk management 8
Conclusion 9
References 10
Introduction
Procter & Gamble Co., also known as P&G, is an American multinational consumer goods company headquartered in downtown Cincinnati, Ohio, United States. William Procter and James Gamble, both from the United Kingdom, founded P&G in the year of 1837. The Company focuses on five reportable segments under GBUs, which are: beauty, grooming, health care, fabric care and home care, baby, feminine and family care. In 2014, P&G recorded $83.1 billion in sales thus making them one of the largest consumer goods companies in the world.
The purpose of this report is to indicate the company’s profile and investigate the company’s core values together with the appropriate management procedures in order to minimize the principal risks and uncertainties that P&G is currently facing.
References: Abrams, R. (2015). Procter & Gamble to Streamline Offerings, Dropping Up to 100 Brands. Nytimes.com. Retrieved 18 March 2015, from http://www.nytimes.com/2014/08/02/business/procter-gamble-to-drop-up-to-100-brands.html?_r=0 Pg.com,. (2015). P&G 2010 AR Risk Management Activities: Credit, Hedge, Rates. Retrieved 18 March 2015, from http://www.pg.com/annualreport2010/financials/notes-to-consolidated-financial-statements/note-5-risk-management-activities-and-fair-value-measurements.shtml Pg.com,. (2015). PG.com Brands: hair products, beauty brands, well being. Retrieved 18 March 2015, from http://www.pg.com/en_US/brands/ Pginvestor.com,. (2015). PG.com Investor / Shareholder Relations: current events, latest news. Retrieved 18 March 2015, from http://www.pginvestor.com/interactive/lookandfeel/4004124/PG_Annual_Report_2014.pdf Reuters.com,. (2015). Procter & Gamble Co (PG) Company Profile | Reuters.com. Retrieved 18 March 2015, from http://www.reuters.com/finance/stocks/companyProfile?symbol=PG Wikipedia,. (2015). Procter u0026 Gamble. Retrieved 18 March 2015, from http://en.wikipedia.org/wiki/Procter_%26_Gamble