Project Parameters: You have been selected as the consultant to develop a business plan for Durango Manufacturing Company, which is a start-up, medium-sized public manufacturing company. The CEO has a background in manufacturing and is well versed in supply chain management. However, the CEO has limited experience in financial management and creating value for the various stakeholder groups. Your business plan must include a five (5) year strategy to increase revenues by 10% and a recommendation for creating an organizational structure to comply with SOX mandates for strong corporate governance over the internal controls. Your business plan must also include prescriptions for creating an ethical environment. Your recommendation must be approved by the Board of Directors before the company can begin its operations.  Based on your knowledge of accounting and financial, prepare a ten to twelve (10-12) page report in which you: As the consultant, create an argument that you will present to the CEO that suggests accounting and financial management knowledge and skills will be essential to the company’s success and stability over the next five (5) years. Provide support for your argument. Suggest to the CEO how the company’s stakeholders (investors, lenders, and employees) will use financial statement information and ratio calculations to make key determinations related to the financial condition and operational efficiency of the company. Provide support for your rationale. Given the strategy to increase revenue during the five (5) year plan period, which will need to be achieved through expansion and capital expenditures, determine which capital budgeting ratio is appropriate for Durango to evaluate its proposals for capital expenditures, such as NPV, IRR, etc. Defend your position. In order for the company to improve its operational efficiency, recommend which production departments should use process, job order, and activity-based costing—all three (3) of which must be implemented within Durango. Defend your choice for each department. The CEO would like to consider outsourcing his manufacturing operations if labor can be supplied cheaper overseas than in the U.S. Create an argument either for or against outsourcing the manufacturing operation to a foreign country. Your argument should include key points that support your position. The key points should address economic and business management aspects related to outsourcing. Predict the economic and business environment over the next five (5) years, indicating at least two (2) ways it may impact Durango Manufacturing Company’s ability to achieve the desired 10% growth in revenue. Provide support for your prediction. Formulate a strategy to improve the opportunities for Durango to reach its revenue goals (i.e., increase revenue by 10% within five [5] years).  Use the Internet to research a company similar to Durango that has been accused of committing fraud. Determine the specific internal control that was defective, along with aspects of corporate cultural environment that contributed to the fraud or unethical behavior. Based on these findings, determine how improving this internal control failure can mitigate future risks. Assess the potential for fraud within Durango based on the lack of IT controls, and determine at least two (2) ways Durango will structure its internal IT controls to ensure that such controls are effective in detecting fraudulent transactions.  Examine the current roles and responsibilities of Durango’s audit committee members, and propose a model for your company to improve the effectiveness of the audit committee and thus ensure effective corporate governance. Use at least six (6) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources. (PLEASE MAKE SURE THAT EACH PARAGRAPH HAVE A RESOURCE OR REFERENCE) Your assignment must follow these formatting requirements: Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are: Analyze financial reports, prepare analysis, and draw conclusions based on the financial analysisCalculate and interpret various financial and operating ratios used in business.Apply activity-based costing and other managerial accounting concepts to various business situations.Evaluate capital budgeting situations by calculating financial returns and drawing appropriate conclusions.Evaluate internal controls within an organization and create a risk assessment.Analyze ethical theories to evaluate a decision-making process to determine compliance with professional codes of ethics.Evaluate the health of organizations to assess the level of risk in an audit engagement.Evaluate financial data for potential fraud and prepare an audit approach for detecting fraud.Assess the risk of financial misstatement in an IT-based environment. Evaluate financial data for potential fraud and determine the business relationships contributing to the fraudulent reporting.Use technology and information resources to research issues in accounting management.Write clearly and concisely about accounting management using proper writing mechanics.

Assignment 4: Transfer Pricing Due Week 8 and worth 320 points (Due in 6 Weeks) Transfer pricing is probably one of the biggest tax issues facing taxing authorities. Transfer pricing involves allocating revenues and costs between countries in order to create the best possible tax situation for a multinational company. For this assignment, you will be required to respond to the following scenario: A multinational company has hired you as its tax professional to advise the company on how to use transfer pricing to avoid or mitigate taxes. This company manufactures and sells cars in the U.S. and two (2) foreign countries.  Using the Internet or Strayer Library, research the rules and techniques for transfer pricing. Choose two foreign countries and research their respective tax rates. Write a six to eight (6-8) page paper in which you: Based on your research, create projections of revenues, costs, and tax rates for all three (3) countries, including the U.S. Provide support for your projections. Based on your projections, create at least two (2) scenarios in which you allocate revenues and costs to each country to determine the lowest possible overall tax for each country. Provide support for your rationale. Create at least three (3) scenarios and propose a scenario to the client that will result in a favorable tax position. Provide support for your rationale. Create at least three (3) scenarios and propose a scenario to your client that is less likely to result in an IRS audit. Provide support for your rationale. Assume that the IRS has challenged the allocations and is preparing to audit the client. Prepare a position to defend the client to IRS. Provide support for your position. Imagine that you are an IRS agent auditing a multinational company’s transfer pricing methods.  Evaluate the tools you could use to perform the audit and propose an audit plan. Provide support for the strategy. Use at least five (5) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.) Your assignment must follow these formatting requirements: Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are: Examine various transfer pricing methodologies and how they impact taxation. Use technology and information resources to research issues in international tax planning and research. Write clearly and concisely about international tax planning and research using proper writing mechanics.

1.Analyze how you, as the Chief Financial Officer (CFO) of a “big box store” that has potential pollution, environmental-disposal, or demolition problems, would handle these costs in your financial statements and communicate this proposed plan to your colleagues on the management team. Indicate how any resistance would be overcome. Support your stance with the information that you obtained through your research.2.Recommend the advantages and disadvantages of recording the above-referenced costs in the financial statements and how this might alter the company’s public image.